Bond traders using technical analysis is the reason mortgage rates improved today. To keep it simple, the 200 day moving average is like a buffer. It is highly unlikely that rates would rise and break the 200 day moving average so bond traders figured after the terrible rate increases of the last few days today would be a good day to buy bonds at what they view as a discount....
How to Calculate FHA Mortgage Insurance ( FHA MI) What you will need:
Purchasing my first home was a very frightening as well as, confusing process, initially. After working with Nevin Williams I must say I was able to sit back and really feel confident with my...Read More...
Ph: 919-863-4370 (O)
888-206-5781 x 1017
Licenses – Sierra Pacific Mortgage Company, Inc. is licensed in the following States:
North Carolina, Mortgage Branch License NMLS License # L-127865-113, Virginia MC – 5275
Licensed in California by the Department of Business Oversight under the Residential Mortgage Loan Association #8171528
Rates subject to change without notice. This is not a commitment to lend. Equal Housing Lender.