MORTGAGE INTEREST RATE LOCK ADVISORY
June 21, 2013 10:30 AM PST
Click for Updated Lock Advice
Click for Updated Lock Advice
7 Day Mortgage Interest Rate lock or Float Advice: LOCK
The cost for a 3.50% mortgage based on Mortgage Backed Securities are up 0.52
The cost of a 30 year mortgage climbed 1.86 point in the previoius two days..
30 Day Mortgage Interest Rate Lock or Float Advice: LOCK
MARKET INDICATORS
30-Yr Fixed Mortgage Rate rose to 3.93% on June 20, down 0.05%
MBS (3%) Current 100.89, High: 101.81, Low: 100.78
DJI Stocks currently $14,782.34, Up $24.02, Change 0.162%
Asian & European Stock Market Indexes changed -5.64%
Crude Oil (WTI) Currently $93.33 - Change -1.9%
Gold 1 Once - $1,293.97
MORTGAGE NEWS
Prospective Homebuyers Favor Low Down Payments, Fixed Rates
By Krista Franks Brock - A plurality of prospective homebuyers responding to an industry survey anticipate down payments of less than 15 percent when they purchase a new home. Forty-four percent of respondents anticipate low down payments of no more than 15 percent, while 34 percent foresee paying between 15 and 24 percent of purchase price at closing.Nineteen percent say they will put down more than 25 percent of their home purchase price when the purchase their next home, according to the survey conducted this May by Research Data Technology on behalf of Charlotte, North Carolina-based LendingTree.>>Read More
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