I hope that your morning is off to a great start! It's a great day for Mortgage Back Securities. Bonds rally while the stock market is weak across the board on fears of debt problems in Europe, higher Initial Claims and worries of a prolonged economic recovery. We are already seeing Lenders posting rate changes for the better.
Today's rates are reflected below!
30 Year Fixed 4.750%
15 Year Fixed 4.375%
7 Year ARM 4.250%
5 Year ARM 3.375%
Give me a call today if you have any clients with questions or in need of pre-qualification.
Don't forget about our NO INCOME VERIFICATION program.
Adam
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