MORTGAGE INTEREST RATE LOCK ADVISORY
March 25, 2013 6:45 AM PST
Click for Updated Lock Advice
Click for Updated Lock Advice
7 day Mortgage Interest Rate lock or Float Advice: LOCK
Mortgage Rates Based on 3% Mortgage Backed Securities are unchanged from Friday.
30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.54% down 0.09%
MBS (3.5%) - 102.88, High: 102.88, Low: 102.63
DJI Stocks closed at $14,541.54, Up $29.51, Change 0.203%
Asian & European Stock Market Indexes Up 0.271%
Nymex Crude Oil Currently $94.76 Change 1.13%
Gold 1 Once - $1,597.15
MORTGAGE NEWS
The Day Ahead: Relatively Empty Calendar Increases Twilight Zone Potential
Imagine riding a bike, or an equivalent rote gross motor activity involving the navigation of a certain path. In this example, we'll use the bike. Now imagine riding this bike around a familiar path in a park. The weather is clear--the temperature, ideal. The pace is of your own choosing for the most part, though extra effort is required on some of the familiar hills. You might have to occasionally adjust your trajectory for a passerby, another cyclist, or a kamikaze squirrel, but for the most part, this is a path you know, on a fair day, with a fairly predictable set of eventualities and possible reactions on your part. Let this be "scenario 1." »Read Mo
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