Mortgage Rates

[mtgadvice4u]

Strong demand for the 10 yr Treasury lifted the MBS Prices to +2/32. Tomorrow PPI & jobless claims will come out so we will see where we move from here. It appears we are still in a volatile time and crazy to think that rates will not move higher in the near future. I would strongly advise people thinking about refinancing to do so soon. If you have any questions or scenarios do not hesitate to post.

mtgadvice4u

[bjl584]

I don't see mortgage rates moving significantly for the next year or so at least. It is a good time to refinance if the numbers make sense.