Today’s Market Trend

MBS are up +3/32 (FNMA 30-yr 3.0 at 104.09), around 8/32 higher than yesterday at this time.

The main focus today will be on the vote to suspend the debt ceiling until May 19. Investors will be trying to determine if the two parties are more willing to work together to reach a compromise on taxes and spending over coming months. The Dow is up 50 points. No economic data will be released today.

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About Best Florida Mortgage Company! Jim Marcinkowski

Mission Statement Our mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships. NMLS 182565, NMLS 1016
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