MORTGAGE INTEREST RATE LOCK ADVISORY
February 5, 2015, 8:00 AM PST
LOCK ADVISORY
- 1-6 Day Close: LOCK
- 7-15 Day Close: FLOAT With Caution
- 16-30 Day Close: FLOAT
MORTGAGE MARKET INDICATORS
- Freddie Mac Average:30-Yr FRM, on 01-29-15: 3.66% - Up 0.03%
- Rate Price Based on 3% MBS - Currently, Up 0.28 Point.
- DJI Stocks - Currently, $17,837.93, Up $164.91
- Asian & European Stock Market Indexes Down -0.792%
- Crude Oil (WTI) - Currently, $50.97, Up $2.65
- Gold 1 Ounce - Currently, $1,260.74, Down ($3.06)
MARKET NEWS
- Mortgage applications continue to climb with 1.3% increase
- 64% Of Consumers Say "It's A Good Time To Buy"
- Survey: Americans Unconcerned About Mortgage Rates
- Servicers Name Property Preservation as Biggest Challenge With FHA Loans
- 5 Cutting-Edge Design Trends for 2015
- Yes, More Americans Are Saving Money, But ...
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