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Rate Lock Advice & Mortgage Market Update
PM Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEMarch 16, 2010, 6:30 PTWebsite is Updated Several Times Daily Short Term Lock Advice for loans that must lock today: LOCK. . MBS prices are down -6/32. Housing Starts came in close to expectations. Interest rates run opposite MPS prices Long Term Lock or Float Advice: LOCK.MBS prices are oversold and and broke below their hundred day moving average. National Average Fixed Rate Mortgage Unchanged at 4.97% on Mar.15 MBS Yields Opened today at 4.694% Down 0.001%. 10 Year Treasury Currently 3.710% Unchanged 0% DJI Stocks $10,659.31, Up 17.16, 0.16% European and Asian Markets Up 0.408% Nymex Crude Oil Currently $80.99 Up $1.19 11-year-old boy buys property worth $44 mn in Dubai The Economic Times USDA Rural Housing Funds to Run Dry by April. Lenders Already Dropping the Program Mortgage News Daily Maybe there is help for Jumbo Loans. Broker Universe CA Buyer and Broker convicted of loan Fraud Broker Universe Home Prices Continue Climb from 2009 Housing Wire Home Affordable Refinance Program (HARP) has been extended to June 30, 2011. Notice Mortgage Brokers are the cheapest conduit to bring loans to market according to FHA Commissioner, David Stevens TBWS Homeowner Estimates as Good ... more
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