Hope you secured your mortgage rates on your financing this morning as I advised.
Results on the 10 year note auction came back and they are pretty bad.
If you have time, call your Texas mortgage lender and secure your rate ASAP!
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Currently up 25 bps on the day. Recommend locking all and any transactions with these gains. The Treasury Auction is coming out later today, but I would not suggest risking your purchase/refinance on those results. By Holden Lewis • Bankrate.com [...] When looking for the best Texas mortgage rates , its very important to work with someone who follows the bond and MBS (Mortgage Backed Securities) markets. Now all this may sound like mumbo jumbo, so contact us if you need an easier clarification, however, basically from here on out, I will try to give out [...] Mortgage Rates Hold Near Six Month Lows. Still Locking Loans by Victor Burek – [...] Ok, so let’s take a look at this VERY CLOSELY: For a 30 year-4.75%. For a 15 year- 4.5%. When I was locking in a rate this morning for a home purchase closing this month, I stuttered and had a “WOW” look on my face. Rates haven’t been this low in years, and several of my past clients [...] |
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