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MORTGAGE INTEREST RATE LOCK ADVISORY 11/22/2016
MORTGAGE INTEREST RATE LOCK ADVISORY November 22, 2016, 7:45 AM PT    1-15 Day Close:   LOCK 16-30 Day Close: LOCK 31-45 Day Close: LOCK Recommendations can change throughout the day.   Click for current Lock Advice  _____________________________________________________________________________   Reverse Mortgages Provide Senior Financial Security. Click for Information _____________________________________________________________________________ MARKET INDICATORS Rate Price Based on 3% MBS, Down -0.09 Point.  DJI Stocks - Currently, $18,982.06, Up $25.37 0.13% Asian & European Stock Market Indexes Up 0.842% Crude Oil (WTI) - Currently, $47.95, Down ($0.29) Gold 1 Ounce - Currently, $1,210.50, Down ($2.10) _____________________________________________________________________________ MARKET REPORTS & ANALYSIS     Rate Lock Advisory. Rates are improved slightly this morning. In this current market LOCK on any price improvement. Today's Market Data: No market moving news expected Tuesday. Except possibly FOMC Minutes at 11:AM PT, Monday's Mortgage Market: prices for rates based on Mortgage Backed Securities (MBS) closed down 0.21 point. 30-year fixed-rate mortgage (FRM) averaged 3.94 percent with an average 0.5 point for the week ending November 17, 2016, up from last week when it averaged 3.57 percent. A year ago at this time, the 30-year FRM averaged 3.97 percent.
   _____________________________________________________________________________  Monday AM Brief  Personal Data for Thousands Revealed on HUD's Site Major trade groups ... more

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