Mortgage Market Insight May 2nd

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We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Mortgage Rates Forecast . Good Morning! ADP Non-Farm payrolls came in soft 119k forecast was 178k last report 201k ( revised down from 209k) Factory Orders reported -1.5% forecast was -1.5%last report 1.3% With ADP payrolls coming in soft and Factory Orders the market should improve or hold (lower interest rates) however we are at lofty heights and there is a BIG downside risk also. Advice is to LOCK. Have a great day!

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