Matthew Rosov, Certified Mortgage Planning Specialist

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.

Building permits and housing starts both rose higher than expected. The Producer Price Index came in quite a bit lower than expected as well as lower than last month's rise.

Technically speaking - the FNMA 4.5% 30 year bond attempted a run at the 200 day moving average yesterday only to fall back on today's housing start news. Bonds are rising up from being oversold.

I am recommending to

LOCK your best mortgage rate.

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

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.

The New York Manufacturing Index came in today quite a bit lower than expected and below last month's reading. This coupled with an apparent sell off in the broader stock market today is leading to a possible run at the 200 day moving average

Technically speaking - the FNMA 4.5% 30 year bond is attempting to rise above the 10 day moving average and make a run at the 200 day moving average. Bonds are rising up from oversold.

I am recommending to

LOCK your best mortgage rate.

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

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.

Consumer Sentiment while higher than last month is lower than expected. This as well as an apparent floor bonds bounced off of yesterday is resulting in better prices today and a drop in interest rates. With the 200 day moving average still 100 points higher caution is still the word of the day.

Technically speaking - the FNMA 4.5% 30 year bond is definitely in negative territory and way below the 200 day moving average. Bonds are oversold.

I am recommending to

LOCK your best mortgage rate.

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

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.

Retail sales came in at expectations today though taking out volatile auto sales, it came in higher than expected. Jobless claims for last week fell by 25,000 but still had a loss of over 600,000. Could this be the bottom? If so, look for the stock market to improve and interest rates to get higher.

Technically speaking - the FNMA 4.5% 30 year bond is definitely in negative territory and way below the 200 day moving average. Bonds are oversold.

I am recommending to

LOCK your best mortgage rate.

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

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.

Bonds are sinking lower today due to the amount of refinances going on as well as the selling of even more Treasury bonds being used to finance the economic recovery. The amount of paper coming on the market is almost overwhelming. Because of that as well as stocks recovering and oil increasing bonds are looking grim and mortgage rates continue to increase.

Technically speaking - the FNMA 4.5% 30 year bond is definitely in negative territory and way below the 200 day moving average. Bonds are oversold.

I am recommending to

LOCK your best mortgage rate.

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