Mortgage rates for home loans were pretty much flat last week, after pretty good swing up and down.  We are still looking at locking, as the next tweet could send the stock market up or down, thus influencing bonds.  We are going to be ultra cautious as we get further and further into the month, as the Personal Consumption Expenditure or PCE report will come out on April 30th, and this is the primary report the Fed Looks to for inflation data.  Also The Fed is now purchasing less and less Mortgage Bonds each month, also adding fuel to the Rate Increase fire...remember 6% is not a bad rate!

Mortgage rates for home loans were pretty much flat last week, after pretty good swing up and down.  We are still looking at locking, as the next tweet could send the stock market up or down, thus influencing bonds.  We are going to be ultra cautious as we get further and further into the month, as the Personal Consumption Expenditure or PCE report will come out on April 30th, and this is the primary report the Fed Looks to for inflation data.  Also The Fed is now purchasing less and less Mortgage Bonds each month, also adding fuel to the Rate Increase fire...remember 6% is not a bad rate!