Hi Mortgage Coaches! Well..we got crushed yesterday after the - TopicsExpress

Hi Mortgage Coaches! Well..we got crushed yesterday after the Fed announcement. This morning started out worse, due to better than expected Jobless Claims. Later in the morning we were saved by a horrible Chicago PMI number. I think we will fight and hold above the trading range, but the fate of tomorrow depends on the Non-Farm payroll numbers. Sadly, Bond holders are the Morticians of the financial community and benefit when people are out of work. If youve floated and still have a chance to lock today, I would do that. Weve seen too many economic surprises to bet on weak payroll numbers tomorrow. Have a great day!

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