The Mortgage Report: Will Climbing Mortgage-Backed Securities Bring Down Rates?

Mortgage-backed securities are trading at the top of the range, says BobMortgage, and we have a busy economic calendar this week. Will MBSs break above the resistance level and establish a new upward trend leading to lower rates? In this week’s Mortgage Report, BobMortgage sares why rate breakouts are the exception, not the rule, and what that means for homebuyers.

Now, you may know him as Bob Johnson, the senior mortgage advisor at Wallick & Volk, the nation’s oldest privately-held mortgage company. But Bob Johnson has helped more than 25,000 families get into the homes of their dreams, in 20 plus years of lending service.

Now with five offices across the DFW metroplex, the nation’s oldest mortgage firm is helping thousands of consumers get into homes with the most up-to-date financial information possible. Wallick & Volk brings experience and integrity into every single loan, but they also deliver a highly personalized touch that conforms to each client’s need. Is it speed of delivery, unique products, total transaction transparency, or great pricing you need? Wallick & Volk has it all in a broker-friendly banking platform that can do the impossible when it comes to home financing.

Will MBSs break through the resistance level? Should you lock or float? Find out now: