Friday AM Mortgage Market Report 05-15-15

• 1-7 Day Close: FLOAT With Caution
• 8-14 Day Close: FLOAT With Caution
• 15-30 Day Close: FLOAT With Caution

MORTGAGE MARKET INDICATORS

• Freddie Mac Average:30-Yr FRM, on: 5-14-15: 3.85% - Up 0.05 Point
• Rate Price Based on 3% MBS - Currently, Down -0.36 Point. 
• DJI Stocks - Currently, $18,261.11, Up $8.87
• Asian & European Stock Market Indexes Up 0.026%
• Crude Oil (WTI) - Currently, $59.07, Down ($0.80)
• Gold 1 Ounce - Currently, $1,216.00, Down ($9.00
   

MARKET REPORTS & ANALYSIS     

• Industrial Production 0.4% less than expected and Capacity Utilization about on target, but the prior 
• This is mixed bag that shows weaker than expected data for April, but the original March data was better than first reported. This will not put a damper on this morning's +20BPS improvement