Orlando Mortgage Blog

Well we've been waiting all week on the jobs number that was generally forecast to come in around 150k and it came in at only 54k. Bad news if you need a job. May be good news if you are shopping mortgage rates today.  The 10 yr treasury had gotten as low as 2.96% earlier this morning on the news, but has risen up to 3.02% at the time of this comment. Dow had been down over 100 but improved to down only 54 points at the moment. Buckle up folks. Today could be interesting before the 4 PM close. The best news is rates are great even with minor points movement that could happen today.