Commercial Rates are smoking

Mortgage Bonds opened higher this morning but quickly lost those gains after the ISM Manufacturing data beat expectations.

In other economic news, weekly claims still remained above 400,000 as the labor markets continue to work through its malaise.

Commercial rates continue to amaze borrowers as to how low they are, call me for details.

Rates remain at historic lows.

Real Estate Broker, CA Dept of Real Estate License #01370741 & NMLS#2527

Rates and Programs Subject To Change Without Notice