Happy Election day! I would have to think that most of us are pretty happy it's finally here and we can move forward. Chances are the Market will see it the same way based on the overseas markets and pre-open futures. For what was a pretty calm day on Wall St in the lead-up to today's vote, rates changes several times yesterday as the TNOTE yield veered up and down, settling at 3.90% range and adjusting rates SLIGHTLY downward.

With today's optimistic mood that the election will finally be behind us and some change will happen, the market should open fairly higher, which may affect rates early. The question is whether or not early gains will maintain through the day or past today. Investors will surely refocus after the election on several negative economic reports and earning releases. A report out yesterday showed a large decrease in manufacturing activity and today will feature the newest factory data from the Commerce department.

There may be a "BRIEF" window to lock rates before the markets anticipated early rally affects comes into play. Keep your eyes open today early!

THIS IS MY OPINION ONLY AND NOT THAT OF EAGLE NATIONWIDE MORTGAGE CO. ALWAYS CHECK WITH YOUR MORTGAGE PROFESSIONAL REGARDING YOUR OWN TRANSACTION