All About Caroline Farmer

Friday, April 5, 2013

Today's Job Report is great news for Mortgage Rates!


Mortgage Bonds are sharply higher, while stocks plunge this morning in reaction to the much weaker than expected jobs report.

Before the employment report was released, Stock markets were nervous in reaction to the escalating rhetoric coming out of North Korea.

I am recommending taking advantage of the sharp rise in Bond prices and lock for the short term, while floating in the longer term seems prudent.
 
 
Have a great weekend!!

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