A blog about mortgages, including the markets that drive rates and what the heck that means to the average Joe. Published specifically for the 800+ clients currently enjoying The Chris Jones Group Experience. Others, naturally, welcome. It's a big tent, if you know what I mean, and I think you do. The Chris Jones Group is a proud branch of City 1st Mortgage Services, LC.
The 10-year bond has been getting slaughtered since about noon EST.
Nobody seems to know why. I'll try to get news and post it. Meantime,
expect 30-year rates to rise by about .125% on Monday. If you're with
us, you'll get a phone call about it, and we'll see if we want to lock.
If you're not, you really should be.
Like your broker gave you this info. He didn't, did he?
Cj
posted by Cj @ 11:58
|
I'm a reader and a writer, companion to Jeanette and father of eight. I love mortgage finance, and especially the clients that have become part of my family.
<< Home