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Lock Alert

Tuesday, October 22, 2013 - Article by: Kiernan - The Mortgage Advocate - Message

LOCK ALERT...Today is a good day to lock your loan. The Ten Year Treasury is at 2.53 and MBS prices jumped after the release of the September Employment report and are now up +17/32. The economy added just 148K jobs, below the consensus of 180K. Thos should keep rates lower until the end of this week. LOCK NOW.

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