Rates are ending stable this week. With mortgage back securities at the highest levels of the year. This is good for mortgage pricing.
GE annouced today that 1st quarter earnings are lower than expected and that future earnings will be lower than previously expected.
I recommend to float interest rates until next week to see what the stock market does in reaction to the GE reports.
***Do you know someone who wants a mortgage at less than 5%? Call me for details.***
***100% financing to $500,000? Ask me how.***
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