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Mortgage Rate Lock advisory for New York or Florida Mortgages for Friday, October 7, 2011
If you are looking for a Mortgage Professional who will give you the type of service that you deserve, contact Bob Amato (NMLS # 8632) and Empire Home Mortgage Inc. (NMLS # 44882). We answer our phones seven days a week until 9PM. Put us to the test! Our toll free number is (866) 742-5227.
 Visit our website, www.empirehomemortgageinc.com . There you can get answers to all of your financing questions, view rates and search for foreclosed properties.** If you are considering locking in an interest rate for a New York mortgage or a Florida mortgage, read this post.
 Friday’s bond market has opened in negative territory yet again, due to stronger than expected employment data. The stock markets are having somewhat of a peculiar reaction to the news with the Dow up 54 points but the Nasdaq is down 10 points. The bond market is currently down 22/32, pushing the 10 year yield to 2.07%. This will likely lead to an increase in this morning’s mortgage rates of approximately .250 of a discount point.
 The Labor Department announced this morning that the unemployment rate remained at 9.1% last month, as it was expected to. The surprise came in the number ... more

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