March 26 2015

Mortgage rates reached their lowest point in six weeks
yesterday before selling off a bit in the afternoon
following a weak Treasury Auction. Bonds have rallied
ever since the FOMC Announcement and yesterday’s
selloff is most likely just some adjusting after several
days of price improvement. For most of the week, the
Fed talk has helped sustain the post FOMC rally as
several officials have urged for a slow gradual
approach to any hike in short term rates. MBS markets
are opening the day down from yesterdays close
following the release of Jobless Claims, which came in
lower than expected.

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About The Mortgage Update

I am a resident of St Charles Illinois and have been in the Mortgage Industry for 24 Years. I am also be heard on WYLL 1160 AM Chhristian Radio "The Mortgage Update with Terry & Dan". With relationships with the our Countries biggest lenders, it allows me to help you find the PERFECT Mortgage for your situation. From getting Pre-Approved to purchase your first home to helping you Qualify under wth NEW HARP 2.0 Guidelines (see HARP 2.0 tab).

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