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Lock Rates Ahead of Tomorrow's Jobs Report

By
Mortgage and Lending with The Federal Savings Bank/Lending in 50 states NMLS # 109616

With bond yields in Europe rising today, MBS bonds and U.S. treasuries fought an uphill battle to gain any traction today.  The only reason they were able to close above their lows, was that domestic stocks were in the tank today.  With the impending government jobs report coming out tomorrow, I am suggesting that my buyers closing within 30 days lock their rates to protect them from unexpected surprises.  The Dow lost 158 points in a down market.

Comments (1)

Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

It was a bit bloody today Jeff. Hopefully Friday's jobs report will turn the markets' frown upside down 

Jul 06, 2017 05:17 PM