What’s Happening With Mortgage Rates?

Here’s a quick snapshot of what’s going on today……

• Initial unemployment claims were up – that reverses a 5 week trend of improvement.
• The Treasury auction yesterday was sort of like Goldilocks Porridge – not too hot, not cold, just sort of there.
• Overall, there’s a little upward pressure on rates but not significant at the moment.

If you want a quote tailored to your specifics, fill out the form on the right side of the screen and I’ll get you a quote.

I’m switching my recommendation back to locking.   We’ve gained back what we lost with the jobs report last Friday.   Don’t get greedy…..

Tom Vanderwell
Technorati Tags: Mortgage rates