Mortgage rates can move lower and you need to be ready.
Mortgage Rate Update Sept 25th,2020
We are guardedly optimistic that mortgage rates can move lower over the next week. So if you haven’t, sent in your loan application or haven’t locked into a rate, you’re going to want to get moving.
In the first place, my analysis of the Mortgage Bond Market Charts shows Mortgage Bonds have broken above resistance at the 25 and 50-day Moving Averages, which is the positive breakout we have been waiting for.
And secondly, next week is jobs week, The Fed inflation report and The Case Schiller housing price appreciation and pending home sales report.
All of these can influence the direction of mortgage rates.
Position- Floating
Positions: Floating- (not locking into the rate) Locking-(Lock in the interest rate)
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15 Year Fixed Rate 1.875%
*APR 2.17%
30 Year Fixed Rate 2.50%
**APR 2.66%
Close in as Little as 23 Days!
No Application Fee, No Lock in Fee, No Commitment Fee, No Hidden Fees
As a result you can maximize your financial future with our custom designed home loans. You can also expect close communication and responsiveness.
Next thing is to get a rate quote FAST?
Contact us at 877-794-5363 (Lend)
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John Sauro
Phone: 1-877-794-5363
Direct Line 914-764 3261
Email: johnsauro@gmail.com
Mortgage rates can move lower – and you need to be ready.
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