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MORTGAGE INTEREST RATE LOCK ADVISORY 2/7/17
MORTGAGE INTEREST RATE LOCK ADVISORY February 7, 2017, 7:45 AM PT 
1-15 Day Close:   LOCK 16-30 Day Close: LOCK 31-45 Day Close: LOCK Recommendations can change throughout the day.   Click for current Lock Advice  _______________________________________________________________________  MARKET INDICATORS Average 30-Yr FRM, Unchanged 4.19% on 2-2-17
Rate Price Based on 3.5% MBS, Up 0.06 Point.
DJI Stocks - Currently, $20,129.61, Up $77.19 0.38%
Asian & European Stock Market Indexes Up 0.051%
Crude Oil (WTI) - Currently, $52.26, Down ($0.75)
Gold 1 Ounce - Currently, $1,235.20, Up $2.50 _______________________________________________________________________  MARKET REPORTS  Rate Lock Advisory. Presently the Rate market is moving sideways and could go in either direction. Best to lock in uncertain markets. Tuesday Market: There is no news scheduled today or tomorrow that is expected to move rates one way or the other. Monday's Rate Results: Mortgage Pricing based on Mortgage Backed Securities (MBS) closed down 0.35 point. 30-year fixed-rate mortgage (FRM) averaged 4.19 percent with an average 0.5 point for the week ending Feb. 2, 2017, unchanged from last week. A year ago at this time, the 30-year FRM averaged 3.72 percent.  ______________________________________________________________________
Mortgage Law Expert: CFPB Hangs in the Balance The Week Ahead: Consumer Sentiment on the Rise Democratic lawmakers join battle between CFPB and PHH Low Inventory Drives ... more

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