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Daily Mortgage Update

May 24, 2013

Rate Trend:

Volatile

Today We Recommend:

Locking

 

Mortgage rates are under pressure to rise, again now on Ben Bernanke’s one line to investors " I dare you to buy stocks".  To start our day stocks are down today after another volatile session for Asian markets, with upbeat durable-goods data failing to overcome negative sentiment. Bond values are also underpriced and ripe for a buy up.  However, the administration continues to embolden stocks by mere words and raise rates as the consequence.
We recommend locking as it's best to lock and play it safe.
 

 

                                              

Best Rates Today Are:

Due to market volatiity please call for rates:

425-889-8889

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