Fixed Mortgage Rates are slightly better than yesterday.
Mortgage backed bonds are trading in the middle of a current trading range this morning. Stocks are attempting a rebound after the past beating they have taken as of late. While Mortgage backed bonds continue to trade at their current levels we will remain with a floating stance, but if the stock market continues to rally and pulls money out of the Bond market it may be time to lock
Current Outlook: Cautiously Floating