Texas Mortgage Corner

Currently down 47 bps on the morning. getting hammered under the 200 DMA (2nd level of support) due to the economic outlook of 2010.

Rates are going to start higher than Friday’s mortgage rates so no point in locking in now since we’re at the lows, but be prepared to lock if the situation worsens.

Follow us [...]

Good morning and a HAPPY MONDAY to everyone!

No economic reports due out today (or Friday), so it will be pretty quiet.

The rest of the week is PACKED with reports and will have some impact on rates, so be prepared for some moving and shaking.

Currently down 6 bps, but nothing to swing rates as of now.

Have [...]