Mortgage Bond prices are drifting lower today after failing to - TopicsExpress

Mortgage Bond prices are drifting lower today after failing to break above a key technical resistance level. In economic news, ADP reported that private employers added 175,000 jobs in January, which was inline with expectations. With Bond prices moving lower and the January Jobs Report on Friday, I am recommending a locking position ahead of the report. If anything changes, I will get back to you. Its still a Fabulous Day to Refinance to potentially lower your interest rate, do a Cash Out Refinance or Apply for a New Home Loan. Call me at 949-278-4555 and lets chat. Make it a Great Day! Thomas

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