I could say a lot of words, but I’ll cut to the chase, Oil is below $100, bond yields dropped, and mortgage rates complied.

Will the Feds drop interest rates? most likely not until Oil prices go back to where they were below $60 a Barrell.

Rates nationally are 6.41% from the 5.99% two weeks ago but we are seeing movement in the right direction.

Have a fantastic day and week.

http://www.YourApplicationOnline.com

Below image down is higher rates. Today rates improved just a bit.