Today, Bonds started well off their highs of yesterday, -19 BPS. Signaling the ok for Lenders to price their rate sheets a nudge up from yesterday's close. But wait, look at what the traders are doing, buying Bonds again. Now the market is only down -6 BPS.
Have an idea where it will end? I do, I think they recover by the end of the day to a + number in anticipation of tomorrows Jobs report.
Geoffrey Davis
FriscoMortgageGuy.com
214-975-1266- fax
214-529-9622- cell
Honored as one of the 2010 Best Mortgage Brokers in Dallas! for D Magazine. Ranked 25th in 2009 production in the category Largest North Texas Residential Mortgage Lenders, according to the Dallas Business Journal!
Geoffrey is the "Frisco Mortgage Guy"!
P.S. I use DropBox as a more secure way to move papers back and forth - FREE! If you sign up from this link - we BOTH get an extra amount of storage space, still FREE!!!
I help my clients find the best deal possible on a mortgage that meets their needs whether they are looking for a competitive interest rate, certain monthly payment or special loan terms.
Below is a list of things that we are either involved with or want to attend:
There are two ways to buy a house
Would the true FICO please stand up
Frisco Sunrise Rotary to hold Rummage Sale on October 16th
Below is a list of things that we are either involved with or want to attend:
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