Rate Lock Advice & Mortgage Market Update - 06/11/10 08:58 AM

Via Bill Ladewig Your FHA Guru - FHA and VA Loans Since 1970:
DAILY MORTGAGE RATE LOCK ADVICEJune 9, 2010 6:40 PTLock Advice is Updated Several Times Daily
Short Term Mortgage Rate lock Advice:  LOCKMBS prices are currently down  13/32.MBS Prices move opposite of mortgage rates.
Long Term Mortgage Rate Lock or Float Advice:  LOCKMBS prices have attempted to hammer through a rock solid price resistance level  for the fourth time since 2008 and it looks like they have, once again, been turned back.
National Average Fixed Rate Mortgage Unchanged at 4.78% on Jun.10 MBS Yields Opened at 4.344% Up 4.344%. 10 Year … (0 comments)

Rate Lock Advice & Mortgage Market Update - 06/01/10 05:05 PM

Via Bill Ladewig Your FHA Guru - FHA and VA Loans Since 1970:
DAILY MORTGAGE RATE LOCK ADVICEJune 1, 2010 7:47 PTLock Advice is Updated Several Times Daily
Short Term Mortgage Rate lock Advice:  LOCKMBS prices are up 2/32.  The stock market has increased from this morning's lows and MBS Prices have dropped 4/32 in the last few minutes which may cause early pricing lenders to rethink their pricing for the worse.MBS Prices move opposite of mortgage rates.
Long Term Mortgage Rate Lock or Float Advice:  LOCKMBS prices have attempted to hammer through a rock solid price resistance level  for the fourth time since … (0 comments)

 
Img_1069

Lester Wilkins

Port Huron, MI

More about me…

Blue Water Home Loans NMLS# 166527

Address: 218 Huron Ave, Port Huron, MI, 48060

Office Phone: (810) 987-1200 x 1403

Cell Phone: (810) 334-2372

Email Me

Various thoughts and insights into the mortgage industry. Mingled with a little humor and various musings by the author.


Links

Archives

RSS 2.0 Feed for this blog