July 3rd Mortgage Market Wrap-up 12

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

Treasury prices closed near unchanged in yesterday's holiday shortened session. The 10-yr yield was at .67% in quiet trading. Stocks are higher on strong jobs data amid virus fears. Bonds closed at 2:00 p.m. ET, stocks at regular time, 4:00 p.m. ET. All markets are closed today in observance of Independence Day. Heading into the long holiday weekend, float brand-new files and those closing outside 30-days heading into the long weekend. For those closing soon that were not locked, you can also try and float. Enjoy the 4th!!


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George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Jeff Jensen rate have been fairly stable for me, but they did tick up by about .125%, I am expecting that to be back down after the long weekend.

Jul 03, 2020 07:35 PM #1
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