Pricing on mortgage backed securities has improved in the past week, which has lowered rates a bit. Hopefully the trend will continue.
This weeks major economic reports that could influence the mortgage market: Wednesday the Existing Home Sales numbers come out. Thursday the jobless claims come out. …will watch this for you.
BTW – Just got back from vacation today.
When you are a business owner you never feel like there’s a good time to go on vacation. We are all busy aren’t we?
However, often when you are at your busiest that’s the time you need to take a week off.
After all, when you look back on your years you tend to remember the vacations. Not the time in the office. You only have so many opportunities to put memories with family in your memory bank!
Hope you have safe travels this summer!
That’s it for today!
Have a good day today! …and thanks for reading.
Brett