Good morning,
Mortgage bonds are rocking in trading this morning and we have the lowest mortgage rates available since last December.
There is a strong chance for more improvement. Why?
Well, the technical picture for higher mortgage bond prices (lower rates) is shaping up. Then, if we see escalating military tension in the Korean Peninsula OR an overdue pullback in the equity markets, that should drive more momentum to the bond market.
Stay tuned.
BG
www.brettgrendahl.com
P.S. I can assist with home financing needs in any of the 50 United States.
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