VA Loan Rates, Tampa FL for Week 11-9

VA Loan Rates, Tampa FL for Week 11-9:

• There are 2 key economic reports scheduled for release. None of these reports are considered mission critical and should have little effect on mortgage rates.
• 30 YR fixed VA loan Rates are 5.5% nationwide
• 10 YR Treasury opened this morning at is 3.5%. No change over close last week.
  
• Lock all va loans scheduled to close within the next 7 days.
• Float all va loans scheduled to close within 8-60 days.
  
• Watch the DOW for any rallies. If the Dow drops below 10k this could be a good sign for mortgage rates.
  
• VA Loan Rates should continue to drop and close out the week below where they opened on Monday.
• Have a GREAT VETERANS DAY!!!