Market Comment

Mortgage Bonds are starting the day sharply lower, as the Euro's freefall is finally showing some signs of stabilization.

Remember, investors can be very fickle and reverse their trades pretty quickly, which could have a negative impact on Bond prices and rates.

Currently, Bonds continue to struggle with resistance and Stocks appear poised to rally.

Therefore, I recommend locking in the recent gains and taking advantage of the exceptional opportunity in the home loan marketplace.

Leonard Winslow, New American Mortgage, Charlottesville
NMLS # 265272
434-760-2580 (cell)
leonard.winslow@newamerican.com
www.newamerican.com/leonard.winslow
Licensed by the Virginia State Corporation Commission. License #: MC-5112