MORTGAGE INTEREST RATE LOCK ADVISORY
June 12, 2014 7:45 AM PST
LOCK ADVISORY
7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK
- The price for 3.50% Mortgage Loans based on MBS is currently down 0.24 point.
Close Mortgage Interest Rate Lock or Float Advice: LOCK
MORTGAGE MARKET INDICATORS
- FHLMC Average: 30-Yr Fixed Mortgage Rate, up 0.06% to 4.20% on June 12.
- MBS (3.5%) - Currently 102, High: 102.01, Low: 102.55
- DJI Stocks currently $16,779.49, Down $64.39, Change -0.384%
- Asian & European Stock Market Indexes changed -0.272%
- Crude Oil (WTI) Currently $105.88 - Change 1.42%
- Gold 1 Ounce - $1,273.94
MORTGAGE AND REAL ESTATE NEWS
Realtors expect median home prices to rise 4%
Going against the surge of negative reports, survey shows optimismTrey Garrison - Realtors expect home prices to continue to appreciate over the next year, with a median price increase expected of 4% over the next 12 months, according to the latest survey of the National Association of Realtors in their confidence index.
The index reflects the responses of more than 3,000 NAR members about their sales transactions. >>Read More
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