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DAILY MORTGAGE RATE LOCK ADVICE
DAILY MORTGAGE RATE LOCK ADVICENovember 24, 2010, 1:00 PM PST LOCK ADVICE CHANGES SEVERAL TIMES DAILY CLICK FOR UPDATE Mortgage Rate lock Advice for locks within 3 days: LOCKPossibility of midday unfavorable price change.Rate Points based on (FNMA 30 Yr - 3.50%) Mortgage Backed Securities are up 0.95 point. Mortgage rate trend is now up so, lock on any market improvement. Long Term Mortgage Rate Lock or Float Advice: LOCKThe bond market is now seen as the least desirable investment compared to equities and commodities. The Fed's continual comments that the inflation rate is too low have finally flipped out investors and traders. 30 Year Fixed National Average 4.39% Mortgage Back Securities (FNMA 30 Yr 3.5%) 97.65 10 Year Treasury Index 2.76%, down 0.05% DJI Stocks Closed at $11,187.28, Up 150.91, 1.37% Asia & Europe Indexes Up 0.409% Nymex Crude Oil Currently $84.07 Up $2.82 _________________________________________________________________________________________________________________________ California Rates 11-24-2010, 9:30 PT30 Year Fixed to $417,000Rate 4.125% Point 1.875 APR 4.326%Rate 4.250% Point 0.750 APR 4.356%Rate 4.375% Rebate 0.125 APR 4.406%APR Based on $350,000 Mortgage at 80% LTV740 Credit Score - 30 Day Lock.Click for Quotes on FHA and VA loans With Detailed Cost Estimates. No Application Fee or Credit Report requiredMORTGAGE RATE SURVEY MORTGAGE MARKET ... more
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