Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

DAILY MORTGAGE INTEREST RATE LOCK ADVICE
DAILY MORTGAGE INTEREST RATE LOCK ADVISORYJuly 20, 2011, 6:30 AM PST Lock Advice is Updated Several Times Daily
Mortgage Interest Rate lock Advice for locks within 2 days:  FLOATMortgage Points based on Mortgage Backed Securities are up 0.06 point
Long Term Mortgage Interest Rate Lock or Float Advice:  FLOAT with CautionThe market looks overbought which could cause a temporary correction.
MARKET INDICATORS30 Year Fixed Interest Rate - National Average  4.51%.      MBS (FNMA 30-year 4.5) - Current: 103.91, High: 103.94, Low: 103.56   DJI Stocks currently $12,580.27,  Down $-7.15, Change -0.06%   Asia & Europe Indexes Up 0.891%   Nymex Crude Oil Currently $98.10 Up $0.60         
MORTGAGE MARKET NEWS BRIEFS
New Bill May Extend Conforming Loan Limits On Monday lawmakers introduced a bill that would extend the current conforming loan limits for another two years a deal that could continue federal insurance for homeowners with high conforming jumbo loans. Rep. John Campbell (R-California) and Rep. Gary Ackerman (D-New York) co-sponsored the bill, titled the Conforming Loan Limits Extension Act, which would fix the limit for jumbo loans backed by GSEs Fannie Mae and Freddie Mac and the Federal Housing Administration at $729,750. » Read More MReport
FHA's new rules: more pain for condo market!Calculated phasedown under way?Is the ... more

__________________________________________________
Are you on The Rain? Grow Your Network!