Afternoon Market Update- Stay Put | Texas Mortgage Corner
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Afternoon Market Update- Stay Put

FHA VA USDA Jumbo Home Equity Texas Mortgage Lender

by | December 4th, 2009

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Still down 31 bps from this morning. We bounced back from the 50 day Moving Average and are nearing the 1st level of support again. From yesterday, rates have jumped up .25%.

Just like stocks, you shouldn’t sell when low, so if you risked yesterday rates, keep put for now.

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FHA VA USDA Jumbo Home Equity Texas Mortgage Lender

Tommy (NMLS #220122) is an active loan officer with AmCap Mortgage. You can also find Tommy on Twitter laying down the law in mortgages and other things that makes the wheels turn.

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