Weeky Mortgage Update

April 21, 2014

Rate Trend:

Slightly Higher

Today We Recommend:

Floating into next week

Mortgage rates are flat to slightly worse this week.  As we predicted rates would worsen last week and that trend will extend into this week.  Techinical signs showed rates would worsen last week into this week and then we expect rates to reverse lower.  With little economic reports and earnings reports due this week we see stocks attempting to rally.

If closing in three weeks or more floating is recommended.

                                              

Best Rates Today Are:

Due to market volatiity please call for rates:

425-889-8889

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