Mike Mueller, Social Media.ist

10 Year Treasury Note Truth

The truth is that the 10 Yr. Treasury Note does NOT create long term mortgage interest rates.

The truth is that it tends to mirror them.

So when we see a 3 month period like this...

 3 month chart

 

and we see a 5 Day period like this...

5 day

And we see a morning turn into an afternoon like this...

 

 

Those of us "Professionals" have already locked what loans we could,
saving our clients thousands of dollars,
all before, BEFORE, we get the email or fax like this...

 

Price Change

 

Because at 2:01 PM it was already too late!

 

 

The moral of the story:

Work ONLY with a True Mortgage Professional

You'll be very glad you did. 


 


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2 commentsMike Mueller • June 12 2007 06:15PM

Comments

I can second this one!  Great post!
Posted by Tampa Real Estate | Tampa Florida Homes Property for Sale MLS | Katrina Madewell (Charles Rutenberg Rlty- More than 5,000 agents(813) 777-1196) over 2 years ago
Very true, very true. The guy I work with gets about every alert he can to his cell. I have had him call clients and lock and save them tons.
Posted by John Evarts (Classic Property Management of Santa Clarita) over 2 years ago

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