MORTGAGE INTEREST RATE LOCK ADVISORY
June 30 2015, 7:30 AM PST
LOCK ADVISORY
- 1-7 Day Close: LOCK
- 8-14 Day Close: LOCK
- 15-30 Day Close: LOCK
MORTGAGE MARKET INDICATORS
- Freddie Mac Average:30-Yr FRM, on: 6-25-15: 4.02% - Up 0.02 point
- Rate Price Based on 3% MBS - Currently, Up 0.09 Point.
- DJI Stocks - Currently, $17,654.59, Up $58.24
- Asian & European Stock Market Indexes Up 0.412%
- Crude Oil (WTI) - Currently, $59.96, Up $0.63
- Gold 1 Ounce - Currently, $1,170.00, Down ($8.00)
MARKET REPORTS & ANALYSIS
- Improved June Consumer Confidence is a block buster reading and under normal circumstances is negative for rate pricing.
- It is good time to lock. The government closure of Greek banks is driving today's market volatility and it should continue until there is resolution.
- The University of Michigan's Final Reading better than expected report is generally negative for pricing but Friday was all about Greece
NEWS LINKS
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