Orlando Mortgage Blog

With the stock market up over 100 points this morning on lower unemployment claims and several other reports showing a mixed bag, the 10yr T-Note is at 2.88% compared to yesterday's close at 2.78%, points are up about a 0.50% point this morning so far. Fence sitting on rate has become a pretty bumpy ride in the last two weeks. These steady rate increases haven't been huge, but like a paper-cut, very annoying and hard to ignore.