My New Blog

Daily Mortgage Update

April 1, 2010

Click Here for the "Before You Buy Your first Home - Tips For A First Time Home Buyer" article

Good Morning;

Today’s 1 minute Video Update is on First Time Home Buyer Tips

http://www.agoodlender.com/MyBlog

The Fed is gone from the markets and Mortgage Bonds opened lower today, ushering out support that has been in place since January 2009.

In the news, Initial Claims were reported just below expectations and down from the previous week's number. Overall, the report indicates that the job market is still very soft, but significantly better than a year ago.

With a good headline number expected in tomorrow's Jobs Report, Bonds will likely react negatively and open lower tomorrow. Therefore, I recommend locking ahead of tomorrow's Jobs Report.