Market Update

Market Update:

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.***

This entry was posted in 100% financing, Conforming Loan Limits, FHA, Low Interest Rates by Sean La Rue. Bookmark the permalink.

About Sean La Rue

Sean lives in the Palm Desert area and works with Franklin Loan Center as the Senior Vice President. Sean is ready to provide you the concierge level-of-service experience in purchasing or refinancing a home in Palm Springs, Palm Desert, La Quinta, Rancho Mirage, Coachella, Indio, or anywhere in California. His commitment is to treat your home loan like his own because he cares about your family.

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