DAILY MORTGAGE RATE UPDATE 10-16-18

Higher Stock prices are capping any gains in the market as prices as well as yields are near unchanged.

The Labor Department reported a record high number of job openings in August as the sector continues to strengthen.

I am recommending floating, but Mortgage Rates are on shaky ground after the labor market report.

Don’t watch the clock; Do what it does. Keep going. 

-Sam Levenson

*The views, articles, postings and other information listed on this website are personal and do not necessarily represent the opinion or the position of American Pacific Mortgage Corporation.

 

 

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