MORTGAGE INTEREST RATE LOCK ADVISORY
April 1, 2016, 8:00 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, Unchanged at 3.71% on 3-24-16.
Rate Price Based on 3% MBS, Down -0.05 Point.
DJI Stocks - Currently, $17,729.54, Up $12.88 0.07%
Asian & European Stock Market Indexes Down -0.199%
Crude Oil (WTI) - Currently, $38.79, Up $0.47
Gold 1 Ounce - Currently, $1,237.10, Up $7.80
MARKET REPORTS & ANALYSIS
- I continue to suggest locking on any rate improvement in this volatile bond market.
- Manufacturing keeps giving us better than expected data with the ISM Manufacturing data much stronger than expected.
- Another case where our economic data is generally negative for pricing but Oil and Fed concerns seem keep Mortgage Backed Securities (MBS) in a tight range.
NEWS LINKS
- The Many Ways to Be Relieved of Your Timeshare Obligations
- What's the fastest way to improve your credit score?
- Five Californians plead guilty to mortgage modification scam
- Freddie Mac unveils 'game-changing' tools to boost mortgage lenders
- Big banks must face suit for alleged rate rigging
- Mortgages no longer in top spot for CFPB complaints
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POLITICALLY CORRECT APPAREL
Apparently it's no longer politically-correct to direct a joke at any racial or ethnic minority, so:
An Englishman, a Scotsman, an Irishman, a Welshman, a Ghurkha, a Latvian, a Turk, an Aussie, two Kiwis, a German, an American, an African, a Cypriot, an Egyptian, a Japanese, a Mexican, a Spaniard, a Russian, a Pole, a Lithuanian, a Swede, a Finn, an Israeli, a Dane, a Romanian, a Bulgarian, a Serb, a Swiss, a Greek, a Singaporean, an Italian, a Norwegian, a Libyan, a Muslim, a Hindu, a Buddhist and an Ethiopian went to a night club.
The bouncer said, "Sorry, I can't let you in without a Thai.
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Diversity doesn't mean black and white only. Henry Louis Gates
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