MORTGAGE INTEREST RATE LOCK ADVISORY
March 28, 2016, 7:30 AM PST
FEATURED LOAN
- REVERSE MORTGAGE (HECM)
- Financial Freedom for Qualified Seniors
- Click for Reverse Mortgage Details
LOCK ADVISORY - Click for current Lock Advice
- 1-14 Day Close: LOCK
- 15-30 Day Close: LOCK
- 31-45 Day Close: LOCK
- Recommendations can change throughout the day.
MORTGAGE MARKET INDICATORS - Click for current Markets
- Freddie Mac Average:30-Yr FRM, Down 0.02% at 3.71% on 3-24-16.
Rate Price Based on 3% MBS, Down -0.09 Point.
DJI Stocks - Currently, $17,533.78, Up $18.05 0.1%
Asian & European Stock Market Indexes Down -0.455%
Crude Oil (WTI) - Currently, $39.18, Down ($0.28)
Gold 1 Ounce - Currently, $1,221.60, Down ($2.20)
MARKET REPORTS & ANALYSIS
- Mortgage rates reversed course Thursday, heading back toward the higher levels seen earlier in the week. It's no mystery that rates have been paying attention to stocks and oil prices more than normal and thus not much of a surprise to see rates begin moving higher after stocks and oil did the same. The bond markets that drive mortgage rates were actually stronger in the morning before weakening quickly into the afternoon. As such, many lenders raised rates in the middle of the day, meaning quotes from yesterday afternoon or this morning would no longer be available.
NEWS LINKS
- This Scam Needs Customer Warnings
- Unaffordable housing markets increase 450 per cent
- New Investors, What You Need to Know About the SFR Market
- Delinquencies Rebound from January's Spike
- Investors Are Taking the Larger Share of Existing-Home Sales
- California credit union memberships reach record high
- China Eases Mortgage Downpayment Rules to 20% from 25%
- Every Reatlor Should Have One
- 6 myths about Freddie Mac's 3% down mortgage
- Conflict, Ya Think? Ex-CFPB Employees Migrate to Big Banks
- No More VA Loan Limit Cap or Seller Mandatory Fees
GREAT TRUTHS
FOR LITTLE CHILDREN:
1) No matter how hard you try, you can't baptize cats.
2) When your Mom is mad at your Dad, don't let her brush your hair.
3) If your sister hits you, don't hit her back. They always catch the second person.
4) You can't trust dogs to watch your food.
FOR ADULTS:
1) Raising teenagers is like nailing jelly to a tree.
2) Wrinkles don't hurt.
3) Families are like fudge...mostly sweet, with a few nuts.
4) Today's mighty oak is just yesterday's nut that held its ground.
5) Laughing is good exercise. It's like jogging on the inside.
6) Middle age is when you choose your cereal for the fiber, not the toy.
Three things cannot be long hidden: the sun, the moon, and the truth. Buddha
Comments(2)