Rate Update February 5, 2009

Fixed mortgage rates are similar to yesterday.  

 Tomorrow’s job report is expected to look very dismal, and although the bond market has been very volatile without news, we are looking for a rebound higher in bond prices in the wake of the report.

 Current Outlook: Cautiously Floating in front of tomorrow’s job report

The views and opinions expressed in this site are those of the author(s) and do not necessarily reflect the official policy or position of Cherry Creek Mortgage Co., Inc. This is for informational purposes only. This is not a commitment to lend.