Last week saw a definitive
drop below key technical market support levels, capping off with higher
mortgage rates on Friday as the markets responded to the February employment
report.
Overall we are seeing
mortgage rates trending up on signs of an improved economy and record stock
market performance. There will be some windows to maximize mortgage interest
rate and rebate pricing this week. If you have not already, we suggest reaching out to a mortgage professional.
With the US Economic calendar light today, watch for overnight action with key data coming out of Germany, France, and Italy.
Nancy Bierman, President NMLS# 116425
Direct: (267) 685-0681
EFax: (267) 390-0008
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