tbill: Ladewig's AM Market Brief - 08/27/08 04:00 AM
Mortgage Rates Down slightly this morningADVICE:  Lock Rates on today's down tick.MBS yields are currently at the bottom of established trading trend so the probability of rates increasing is high.
FNMA 30Yr Mortgage Backed Securities (MBS) down 1.9 basis points to 6.160%. 
10 Year T-Bill up 2 basis points to 3.82%.  A Basis Point is 1/100 of a percent.
DJI Stocks  Up 63 in early trading.
Crude Oil currently  up at $118.67 per barrel
Reverse Mortgage Broker Fee in Dispute
2008 Housing Bill eliminates 25% Fee to Brokers Not approved by FHA   10 Ways to Avoid A Closing Nightmare An … (0 comments)

 
Bill Ladewig, Experience Is Your Advantage (LoanOfficerSchool.com)

Bill Ladewig

Experience Is Your Advantage

Escondido, CA

More about me…

LoanOfficerSchool.com

Address: San Diego, Escondido, Vista, San Marcos, Oceanside, Rancho Bernardo, Poway, Scripps Ranch, Penasquitos, Shadowridge, Rancho Del Oro, Escondido, CA, 92025

Office: (866) 204-9733

Mobile: (760) 685-0480

Daily rate lock advice, mortgage market updates and information about new and existing mortgage loans.

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