Good morning, I hope all is well.  Wednesday thru Friday of last week were very good for the Mortgage Bond Market.  We picked up about .25 on all Conventional and FHA Mortgage Pricing.

Please inquire within for current Mortgage rates.

Overall, Friday is by far the most important day of the week. The single most important report is probably the CPI, but the Retail Sales report is a close second. Both are considered to be of high importance and can heavily influence the markets. Therefore, I strongly recommend maintaining contact with your mortgage professional this week, especially the latter part if still floating an interest rate.

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…

Click Here For The Lowest Mortgage Rates

bc@smarterborrowing.com 617.771.5021

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