DailyMORTGAGE LOCK ADVISORY 

May 25, 2012, 6:30 AM PST

Click for Lock Advice Updated Several Times Daily  

      

7 day Mortgage Interest Rate lock or Float Advice:  LOCK on any Improvement.
Mortgage Points based on 3.5% Mortgage Backed Securities are down 0.17 point.


30 Day Mortgage Interest Rate Lock or Float Advice: LOCK on any improvement.
Rates are presently excellent and the best advice is to lock whenever possible.


MORTGAGE MARKET INDICATORS

National Average Fixed Rate Mortgage 3.79%
MBS (3.5%) - 104.38, High: 104.39, Low: 104.19   
DJI Stocks currently $12,526.42,  Down $-3.33, Change -0.027%   
Asian & European Stock Market Indexes Down -0.47%   
Nymex Crude Oil Currently $90.64 Down $0.02   
Gold 1 Once - $1,563.30 

 

MORTGAGE NEWS BRIEFS

Freddie Mac Finds Encouraging Signs in Economy By: Ryan Schuette 
The chief economist for Freddie Mac said in a monthly economic outlook Thursday that recent trends point toward a slow but steady recovery for the housing market Read More MReport

 

Mortgage Broker Volumes Soar in 1Q By Paul Muolo 
Mortgage firms that use the correspondent and wholesale channels to fund loans experienced strong growth in the first quarter, according to preliminary survey information being compiled by National Mortgage News and the Quarterly Data Report.
Read More National Mortgage News
 

 
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1 Comments on Freddie Mac Finds Encouraging Signs in Economy

MAY
25
104,816 Points 7 Featured Posts Outside Blog

Bill: Good news for the real estate market is certainly welcome!  Thanks for sharing, and have a great weekend!

6:40am • #1


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Bill Ladewig Your FHA Guru - FHA and VA Loans Since 1970

Escondido, CA

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Address: San Diego, Escondido, Vista, San Marcos, Oceanside, Rancho Bernardo, Poway, Scripps Ranch, Penasquitos, Shadowridge, Rancho Del Oro, Escondido, CA, 92025

Office Phone: (866) 204-9733

Cell Phone: (760) 685-0480

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