Last Day For Federal Tax Credit & New Loan Programs
Good Morning;
Today’s video is on the last day of the tax credit and NEW LOAN PROGRAMS.
http://www.agoodlender.com/myblog
Mortgage Bonds are trading higher and now face tough layers of resistance at the 50-, 100- and 200-Day Moving Averages.
In the news, the Commerce Department's Gross Domestic Product report indicated that the economy grew for the third straight quarter, despite the report coming in slightly below estimates. Also this morning, the Consumer Sentiment and Chicago PMI reports beat expectations.
For now, I recommend floating, as I monitor the situation to see how Bonds react against the resistance they face. I will let you know if a change of course is needed.
Rodney Roloff
Director of Sales
CA DRE #1142903
Cal Coast Financial Corporation
39355 California Street; Suite 300
Fremont; CA 94538
(510) 456-3008
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