lock advisory: AM Update - Knowledge of Unreported Fraud is Fraud - 02/08/12 01:40 AM
 
MORTGAGE LOCK ADVISORY 
February 8, 2012, 6:30 AM PST
Click for Lock Advice Updated Several Times Daily  
     
Mortgage Interest Rate lock Advice for locks within 7 days:  LOCK
Mortgage Points based on 3.5% Mortgage Backed Securities are down 03. If you have an unlocked loan closing in the next seven days, today would be a good day to lock.  
 
30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK
The Mortgage Backed Securities (MBS) market way overbought and in this uncertain market the best long term advice is to lock at historic low rates.
 
MORTGAGE MARKET INDICATORS 
National Average … (0 comments)

lock advisory: AM Update - A Family and a Hit Man Receive Hefty Sentences for Mortgage Fraud - 02/07/12 01:41 AM
 
MORTGAGE LOCK ADVISORY 
February 7, 2012, 6:30 AM PST
Click for Lock Advice Updated Several Times Daily  
     
Mortgage Interest Rate lock Advice for locks within 7 days:  LOCK
Mortgage Points based on 3.5% Mortgage Backed Securities are Up 03. If you have an unlocked loan closing in the next seven days, today would be a good day to lock.  
 
30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK
The Mortgage Backed Securities (MBS) market way overbought and in this uncertain market the best long term advice is to lock at historic low rates.
 
MORTGAGE MARKET INDICATORS 
(0 comments)

lock advisory: AM Update - Obama's Refi Plan, Presidential Campaign Tactics or Something Real? - 02/02/12 02:13 AM
 
MORTGAGE LOCK ADVISORY 
February 2, 2012, 7:00 AM PST
Click for Lock Advice Updated Several Times Daily  
     
Mortgage Interest Rate lock Advice for locks within 7 days:  LOCK
Mortgage Points based on 3.5% Mortgage Backed Securities are up 0.08 point.  Points have decreased for the past eight days and we are ready for a correction.  If you have an unlocked loan closing in the next seven days, today would be a good day to lock.  
 
30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK
The Mortgage Backed Securities (MBS) market way overbought and in this uncertain market the … (3 comments)

lock advisory: AM Brief - Private-Sector Employment Increased by 170,000 Jobs in January - 02/01/12 01:42 AM
MORTGAGE LOCK ADVISORY 
February 1, 2012, 6:30 AM PST
Click for Lock Advice Updated Several Times Daily  
     
Mortgage Interest Rate lock Advice for locks within 7 days:  LOCK
Mortgage Points based on 3.5% Mortgage Backed Securities are up 0.03 point.  Points have decreased for the past seven days and we are ready for a correction.  If you have an unlocked loan closing in the next seven days, today would be a good day to lock.  
 
30 Day Mortgage Interest Rate Lock or Float Advice:  FLOAT with Caution
There is not conclusive evidence to lock but, In this uncertain market the … (0 comments)

lock advisory: FHA 203k Renovation Loans - All You Need To Know - 01/25/12 01:46 AM
MORTGAGE LOCK ADVISORY 
January 25, 2012, 6:30 AM PST
Click for Lock Advice Updated Several Times Daily  
     
Mortgage Interest Rate lock Advice for locks within 7 days:  FLOAT
Mortgage Points based on 3.5% Mortgage Backed Securities are down 0.02 point.  
 
30 Day Mortgage Interest Rate Lock or Float Advice:  FLOAT with Caution
There is not conclusive evidence to lock but, In this uncertain market the best advice is to lock at historic low rates.
 
MORTGAGE MARKET INDICATORS 
National Average Fixed Rate Mortgage 3.88%   MBS (3.5%) - 102.67, High: 102.75, Low: 102.66   DJI Stocks currently $12,620.69,  Down $-55.06, Change -0.436%   Asian & European … (0 comments)

lock advisory: Five Top Banks offer $25 Billion to Troubled Homeowners. - 01/24/12 01:40 AM
 
 MORTGAGE LOCK ADVISORY 
January 24, 2012, 6:30 AM PST
Click for Lock Advice Updated Several Times Daily  
     
Mortgage Interest Rate lock Advice for locks within 7 days:  FLOAT
Mortgage Points based on 3.5% Mortgage Backed Securities are down 0.15 point.  
 
30 Day Mortgage Interest Rate Lock or Float Advice:  FLOAT with Caution
There is not conclusive evidence to lock but, In this uncertain market the best advice is to lock at historic low rates.
 
MORTGAGE MARKET INDICATORS 
National Average Fixed Rate Mortgage 3.88%   MBS (3.5%) - 102.78, High: 102.81, Low: 102.63   DJI Stocks currently $12,644.41,  Down $-64.41, Change -0.509%   Asian & … (0 comments)

lock advisory: PM RATE LOCK & MARKET ADVISORY - January 13, 2012 - 01/13/12 09:49 AM
MORTGAGE LOCK ADVISORY 
January 13, 2012, 2:30 PM PST
Click for Lock Advice Updated Several Times Daily  
   
Mortgage Interest Rate lock Advice for locks within 7 days:  LOCK   Mortgage Points based on 3.5% Mortgage Backed Securities closed down 0.18 point.
  
30 Day Mortgage Interest Rate Lock or Float Advice:  FLOAT with Caution
There is not conclusive evidence to lock but, In this uncertain market the best advice is to lock at historic low rates.
 
MORTGAGE MARKET INDICATORSNational Average Fixed Rate Mortgage 3.89%   MBS (3.5%) - 103.22, High: 103.36, Low: 103.03   DJI Stocks closed at $12,422.06,  Down $-48.96, Change -0.394%   Asian & European … (0 comments)

lock advisory: PM Rate Lock Advisory and Market Update - 10/26/09 12:27 PM
Rate Lock Advice and Mortgage Market Update
October 26, 2009, 3:00 PM PT
RATE LOCK ADVISORY
Lock Advice: LOCKMBS prices closed down -10/32, below 9:45 AM ET initial lender pricing of -4/32.
RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News.
National Average Fixed Rate Mortgage Unchanged at 5.06% on Oct.26
Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.775% Up 0.038%.
10 Year Treasury currently 3.550% Up 0.04%
DJI Stocks closed at $9,867.96, Down -104.22, -1.05%
European and Asian Markets Down -1.006%
Nymex Crude Oil currently $78.68 Down $1.82
(1 comments)

lock advisory: PM Rate Lock Advisory and Market Update - 09/20/09 06:12 AM
Rate Lock Advice and Mortgage Market Update
September 17 , 2009, 4:00 PM PT
Lock Advice:  FLOAT MBS prices closed up +11/32 (FNMA 30-yr 4.5 at 100.26), above 9:45 AM ET initial lender pricing of +2/32, and at the high for the day.  Many lenders improved rates mid morning. Housing Starts and Jobless Claims came in close to expectations.
RATE NOTES:When MBS prices are up, Rates are down.Lock advice changes throughout the day .Good economic news = Bad Rate News.
National Average Fixed Rate Mortgage Down 0.02% at 5.08% on Sep.17
Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.775% Up 0.04%.
(2 comments)

 
Bill Ladewig, Experience Is Your Advantage (LoanOfficerSchool.com)

Bill Ladewig

Experience Is Your Advantage

Escondido, CA

More about me…

LoanOfficerSchool.com

Address: San Diego, Escondido, Vista, San Marcos, Oceanside, Rancho Bernardo, Poway, Scripps Ranch, Penasquitos, Shadowridge, Rancho Del Oro, Escondido, CA, 92025

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Mobile: (760) 685-0480

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