m rate lock market advisory: AM RATE LOCK & MARKET ADVISORY - October 13, 2011
- 10/13/11 02:50 AM
DAILY MORTGAGE LOCK ADVISORY October 13, 2011, 6:30 AM PST Click for Lock Advice Updated Several Times Daily Mortgage Interest Rate lock Advice for locks within 7 days: LOCK Mortgage Points based on 3.5% Mortgage Backed Securities down 0.15 point. In the short term, the market looks volatile and the safe bet is to lock on any down day. 30 Day Mortgage Interest Rate Lock or Float Advice: LOCK Last Friday, Mortgage Backed Securities moved below a long standing resistance level which could be bad news for long term rates. MORTGAGE MARKET INDICATORS National Average Fixed Rate Mortgage
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