DAILY MORTGAGE RATE UPDATE 06-11-18

Mortgage Rates begin the risk event filled week slightly lower while Stocks are near unchanged.

There are no economic reports due for release today. The two-day Fed meeting kicks off on Tuesday and ends Wednesday with the 2:00 p.m. ET release of the Fed statement.

I am recommending locking files that are short-term in nature while floating new files with a 45+ day time horizon is prudent.

Have a great week!

Without hard work, nothing grows but weeds.
-Gordon B. Hinckly

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