rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 05/27/10 02:46 AM
DAILY MORTGAGE RATE LOCK ADVICEMay 26, 8:13 PTLock Advice is Updated Several Times Daily Short Term Mortgage Rate lock Advice: LOCKMBS prices are down 9/32. MBS Prices move opposite of mortgage rates. Long Term Mortgage Rate Lock or Float Advice: FLOATNews from Korea is pushing money into the bond market. National Average Fixed Rate MortgageDown 0.02% at 4.84% on May.26. MBS Yields Opened at 4.435% Up 0.023%. 10 Year Treasury Currently 3.180% Down -0.05%. DJI Stocks $10,121.14, Up 146.69, 1.47% European and Asian Markets Up 1.739% Nymex Crude Oil Currently $73.14 Up $1.63 MORTGAGE MARKET NEWS IN REVIEW
Thursday, May 27Today's mortgage … (0 comments)
rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 05/21/10 02:39 AM
Rate Lock Advice & Mortgage Market Update DAILY MORTGAGE RATE LOCK ADVICEMay 21, 6:32 PTLock Advice is Updated Several Times Daily Short Term Mortgage Rate lock Advice: FLOATThis morning MBS prices are up 8/32.MBS Prices move opposite of mortgage rates. Long Term Mortgage Rate Lock or Float Advice: FLOATMay 17, MPS prices finally closed above a strong resistance level which they previously bounced off four times in the past five months. The theory is, once the price of a traded financial instrument passes through a resistance level the resistance level becomes a support price level. National Average Fixed Rate Mortgage Down 0.02% at … (0 comments)
rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 04/27/10 01:37 AM
Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 27 2010, 6:35 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: FLOATMBS prices are up +8/32. Consumer Confidence will be released at 10:00 ET.Mortgage Rates run opposite MBS prices Long Term Mortgage Rate Lock or Float Advice: LOCKThe past two week rate downtrend may have been broken last Thursday. We won't know for sure for a couple of days but when not positive about the market direction, always lock. National Average Fixed Rate Mortgage UP 0.01% at 5.13% on Apr.26 MBS Yields Opened at 4.819% … (0 comments)
rate lock advice mortgage market update: PM Rate Lock Advice & Mortgage Market Update
- 04/26/10 10:32 AM
Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 26 2010, 3:28 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: LOCKMBS prices closed up 2/32 down from a high of 8/32 and unfavorable repricing was seen.Mortgage Rates run opposite MBS prices Long Term Mortgage Rate Lock or Float Advice: LOCKThe past two week rate downtrend may have been broken last Thursday. We won't know for sure for a couple of days but when not positive about the market direction, always lock. National Average Fixed Rate Mortgage UP 0.01% at 5.13% on Apr.26 MBS Yields … (0 comments)
rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 04/23/10 01:48 AM
Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 23 2010, 6:45 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: LOCK ASAPMBS prices are down -5/32. Mortgage Rates run opposite MBS prices Long Term Mortgage Rate Lock or Float Advice: LOCKThe past two week rate downtrend may have been broken this morning. We won't know for sure for a couple of days but when not positive about the market direction always lock. National Average Fixed Rate Mortgage Unchanged at 5.11% on Apr.21 MBS Yields Opened at 4.866% Up 0.09%. 10 Year Treasury Currently 3.80% … (0 comments)
rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 04/22/10 01:48 AM
Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 22 2010, 6:38 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: FLOATMBS prices are UP 1/32.Mortgage Rates run opposite MBS prices Long Term Mortgage Rate Lock or Float Advice: FLOAT With Caution.Mortgage rates have been mostly down for the past two weeks temporarily reversing the upward rate trend for the previous 30 days. MORTGAGE MARKET NEWSThursday: PPI and Jobless Claims came in close to expectations and had little immediate impact.Monday, The Conference Board Leading Economic Index® (LEI) for the U.S. increased 1.4 percent in … (0 comments)
rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 03/22/10 01:39 AM
Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEMarch 22, 2010, 6:35 PTWebsite is Updated Several Times Daily Short Term Lock Advice for loans that must lock today: FLOAT. MBS prices are up 1/32 from Friday's close.There will be no economic news todayInterest rates run opposite MPS prices Long Term Lock or Float Advice: LOCK.MBS prices could go either way and the conservative approach is to lock. National Average Fixed Rate Mortgage Down 0.01% at 4.99% on Mar.19 MBS Yields Opened at 4.708% Up 0.063%. 10 Year Treasury Currently 3.70% Up 0.02% DJI Stocks $10,710.47, Down -31.51, -0.29% European and Asian … (0 comments)
rate lock advice mortgage market update: PM Rate Lock Advice & Mortgage Market Update
- 03/15/10 09:40 AM
PM Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEMarch 15, 2010, 2:30 PTWebsite is Updated Several Times Daily Short Term Lock Advice for loans that must lock today: FLOAT. Hang on, in the past hour MBS prices were up 7/32 then down to 2/32 and back up to 7/32. It is late in the day but there is a small possibility of a mid afterrnoon favorable price change.The Empire State index came in a little lower than expected. Long Term Lock or Float Advice: LOCK.MBS prices are oversold and and broke below their hundred day moving average. National Average Fixed … (0 comments)
rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 03/04/10 12:52 AM
Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEMarch 4, 2010, 6:45 PTAdvise on Site is Updated Several Times Daily Today's Lock Advice for loans requiring immediate action: FLOAT. . MBS prices are down 2/32 Wednesday's closing price. Jobless Claims came in very close to expectations.Rates run opposite MBS Prices Long Term Lock or Float Advice: LOCK.MBS prices are oversold and while rates have decreased in the past few days they could turn around at any time so the safe position is to lock. National Average Fixed Rate Mortgage UP 0.01% at 5.02% on Mar.3 MBS Yields Opened at 4.664% … (1 comments)
rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 01/27/10 06:03 AM
Rate Lock Advice & Mortgage Market Update January 27, 2010, 12:00 PT RATE LOCK ADVISORY Lock Advice: LOCKMBS prices are Down 4/32 and 7/32 below their high for the day. There is a lot going on today. New Home Sales came in lower than expected. The Fed announcement will come out around 2:15 ET and the State of The Union Speech.. 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 5.07% on Jan.27 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.72% Up 0.009%. … (3 comments)
rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 01/26/10 05:57 AM
Rate Lock Advice & Mortgage Market Update January 26, 2010, 11:50 PT RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are currently up 3/32, down from today's high of 6/32Consumer Confidence increased slightly and demand was average for today's 2-Year bond auction. 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 0.01% at 5.07% on Jan.26 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.687% Down 0.024%. 10 Year Treasury Currently 3.660% Up 0.04% DJI Stocks $10,251.43, Up 54.57, 0.54% European and Asian Markets Down -0.09% … (3 comments)
rate lock advice mortgage market update: Rate Lock Advice & Mortgage Market Update
- 01/20/10 02:43 AM
Rate Lock Advice & Mortgage Market Update January 20, 2010, 8:30 PT RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are up +9/32. Rates are improving this AM, I suggest that new locks be held until this afternoon. The PPI inflation data was mixed, while Housing Starts were lower than expected. 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 5.15% on Jan.19 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.796% Down 0.069%. 10 Year Treasury Currently 3.730% Up 0.03% DJI Stocks $10,534.91, Down -190.52, -1.78% … (3 comments)
December 30, 2009, 11:40 PT RATE LOCK ADVISORY Lock Advice: FLOATMBS prices are up +3/32.This morning, the Chicago PMI national manufacturing index jumped to 60, well above the consensus forecast of 55. RATE NOTES:When MBS prices are up, Rates are down.Lock advice can change throughout the day .Good economic news = Bad Rate News. National Average Fixed Rate Mortgage Unchanged at 5.16% on Dec.30 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.892% Down 0.066%. 10 Year Treasury Currently 3.790% Down -0.03% DJI Stocks $10,534.53, Down -10.88, -0.1% European and Asian Markets Down … (2 comments)
DAILY MORTGAGE RATE LOCK ADVICEMay 26, 8:13 PTLock Advice is Updated Several Times Daily 
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