Here are the daily thoughts on floating or locking if you are asked by your clients.
As always - consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.
Personal Consumption for both February and the year ending in February came in higher than the previous period. This along with Personal Spending being up and Personal Income down indicates Americans were not the savers which had been the indication in recent times - back to the consumer the world has come to love and loathe.
Technically speaking - the FNMA 4.5% 30 year bond is back testing support levels. The bond is nearing overbought levels.
I am recommending to
To learn why one should Float or Lock -
Check out Should I float? Should I lock? & Reasons to Float or Lock
To obtain rates and fees with a $500 guarantee - come visit
Comments(2)