Market Comment

ALERT to LOCK: Treasury bond sales have been poorly received all week and today it is continuing. Locking your loan if you have not already done so is the prudent thing to do. The Fed is also on the last few days of their purchasing Mortgage Backed Securities. This is a double whammy and rates are rising.

Leonard Winslow, New American Mortgage, Charlottesville
434-760-2580 (cell)
leonard.winslow@newamerican.com
www.newamerican.com/leonard.winslow
Licensed by the Virginia State Corporation Commission. License #: MC-5112