Ceiling or Not…

Ceiling or Not…

 

Last Week

Fed Announcement on Bonds & Prime (watch warning last Monday and market alert on Tuesday of last week for more details – when everyone was saying LOWEST all time – we warned you

Manufacturing way up and main thing holding back further is lack of workers

Week to come 

Friday – Unemployment & Non-Farm Payroll

Testing of Ceiling – should see bounce off and get worse.  But today is the day to test

 

Short Term:        Float but ready to lock 

Mid Term:           Higher

Long Term:          COVID 2.0 Shutdown is wildcard–

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* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.