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DAILY MORTGAGE INTEREST RATE LOCK ADVICE
Bill has been reporting the National trends of rates for a long time. Bill shows what upcoming news and reports that will affect the rates for the week. His reports are concise and informative. A must read for anyone that is trying to time th market.
DAILY MORTGAGE INTEREST RATE LOCK ADVICEJanuary 27, 2011, 8:00 AM PST
LOCK ADVICE CHANGES SEVERAL TIMES DAILY CLICK FOR UPDATE
Mortgage Interest Rate lock Advice for locks within 3 days: LOCK on any Down Day.Mortgage Points based on Mortgage Backed Securities are up 0.01.
Long Term Mortgage Interest Rate Lock or Float Advice: LOCK.
MARKET INDICATORS 30 Year Fixed Interest Rate - National Average 4.74% MBS (FNMA 30 Yr 4.0%) - Current: 98.69 High: 99.73, Low: 98.56 DJI Stocks Currently $12,013.03, Up $27.59, Change 0.23% Asia & Europe Indexes Up 0.72% Nymex Crude Oil Currently $87.13 Down $0.20 ___________________________________________________________________________________________________________________
California Rates 1/27/2011, 8:00 PT30 Year Fixed to $417,000Rate 4.375% Point 1.875 APR 4.596%Rate 4.500% Point 1.375 APR 4.673%Rate 4.625% Point 0.875 APR 4.756%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 required
MORTGAGE MARKET NEWS REVIEW
Thursday, 1/27/2011 Demand ... more
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