Rate Update January 26, 2009

Fixed mortgage rates are modestly better than Friday.  

 Mortgage Bonds continue to trade sideways after bouncing off the floor of support last week.  As long as that floor can hold and bonds do not sink below the tested levels we will continue to float.

 Current Outlook: Floating 




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.