Good morning, I hope all is well.

I’m back…. sorry I have been non existent the past few months but I have been super busy. What can I say… Mortgage Rates are at very, very near all-time lows.

Please let me know if you have any questions, brian.cavanaugh@rmsmortgage.com 617-771-5021

Overall, look for a fairly active week in the markets and mortgage rates. I suspect there will be some optimism leading up to Friday’s Employment report, which could lead to support in stocks and pressure in bonds as we get closer to Friday. That day is undoubtedly the biggest of the week and we can label Tuesday as the least important. Please be careful this week if still floating an interest rate, especially the latter part of the week.

If I were considering financing/refinancing a home, I would….

LOCK if my closing was taking place within 7 days…

FLOAT if my closing was taking place between 8 and 20 days…

FLOAT if my closing was taking place between 21 and 60 days…

FLOAT if my closing was taking place over 60 days from now…

This is only my opinion of what I would do if I were financing a home. It is only an opinion and cannot be guaranteed

Please read the entire Blog Post here

Brian Cavanaugh
Senior Mortgage Banker
NMLS #441864

Contact me to set up an appointment to start your Boston condo buying process.

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Updated 2nd Q 2018

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