mortgage rate lock advisory: Should I Lock in a Rate, Or Let it Float - 08/23/13 02:21 AM
Should I Lock in a Rate, Or Let it Float
 
Mortgage rates have changed dramatically over the past three months. And nothing can be more frustrating for a homebuyer who’s been pre-approved for a mortgage than knowing their ability to qualify for that dream home could disappear in an instant. But there are options available that can help you sleep soundly at night.
Should You Lock In a Mortgage Rate?
Most lenders will not lock-in your interest rate until you have a fully signed Purchase and Sale Agreement and have applied for a mortgage. Mortgage lenders offer interest rate locks for as … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 29, 2010 - Improving, or...? - 09/29/10 05:20 AM
Mortgage Rate Forecast for September 29, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.97 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.97 - the same as its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be about the same in price this morning as compared … (2 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 28, 2010 - Improving, or...? - 09/28/10 03:48 AM
Mortgage Rate Forecast for September 28, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.97 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 103.00 - up 1/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be about the same in price this morning as compared … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 27, 2010 - Improving, or...? - 09/27/10 02:55 AM
Mortgage Rate Forecast for September 27, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.59 this morning - the same as Friday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.78 - up 6/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.250 points better in price this morning … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 24, 2010 - Improving, or...? - 09/24/10 04:24 AM
Mortgage Rate Forecast for September 24, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.84 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.63 - down 7/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.375 points worse in price this morning … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 23, 2010 - Improving, or...? - 09/23/10 03:32 AM
Mortgage Rate Forecast for September 23, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.91 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 103.06 - up 5/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will be about 0.125 points better in price this morning as … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 22, 2010 - Improving, or...? - 09/22/10 03:46 AM
Mortgage Rate Forecast for September 22, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 103.06 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 103.13 - up 2/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will be about the same in price this morning as compared … (0 comments)

mortgage rate lock advisory: Rate Forecast for September 21, 2010 - Improving, or...? - 09/21/10 03:35 AM
Rate Forecast for September 21, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.50 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.66 - up 5/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will be up to 0.25 points better in price this morning as … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 20, 2010 - Improving, or...? - 09/20/10 03:12 AM
Mortgage Rate Forecast for September 20, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.22 this morning - the same as Friday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.25 - up 1/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will about the same in price this morning as compared to … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 17, 2010 - Improving, or...? - 09/17/10 03:21 AM
Mortgage Rate Forecast for September 17, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.56 this morning - up 8/32 from yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.53 - down 1/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will up to 0.250 points better in price this morning as … (2 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 16, 2010 - Improving, or...? - 09/16/10 03:50 AM
Mortgage Rate Forecast for September 16, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.41 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.44 - up 1/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be the same in price this morning as compared to … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 15, 2010 - Improving, or...? - 09/15/10 03:34 AM
Mortgage Rate Forecast for September 15, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.69 this morning - down 2/32 from yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.75 - up 2/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be the same in price this morning as compared to … (1 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 14, 2010 - Improving, or...? - 09/14/10 03:34 AM
Mortgage Rate Forecast for September 14, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.56 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.75 - up 6/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be as much as 0.125 points better in price this … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 13, 2010 - Improving, or...? - 09/13/10 04:35 AM
Mortgage Rate Forecast for September 13, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.10 this morning - down 9/32 from Friday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.19 - up 3/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be as much as 0.250 points better in price this … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 10, 2010 - Improving, or...? - 09/10/10 03:39 AM
Mortgage Rate Forecast for September 10, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.56 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.31 - down 8/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.25 points worse in price this morning … (1 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 9, 2010 - Improving, or...? - 09/09/10 03:31 AM
Mortgage Rate Forecast for September 9, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 103.03 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.78 - down 8/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.25 points worse in price this morning … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 8, 2010 - Improving, or...? - 09/08/10 03:20 AM
Mortgage Rate Forecast for September 8, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 103.28 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 103.13 - down 5/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.125 points worse in price this morning … (1 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 7, 2010 - Improving, or...? - 09/07/10 02:46 AM
Mortgage Rate Forecast for September 7, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 102.78 this morning - the same as Friday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 103.09 - up 10/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes up, the yield comes down - and so do mortgage rates. I expect that mortgage rates will be as much as 0.250 points better in price this … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 3, 2010 - Improving, or...? - 09/03/10 04:18 AM
Mortgage Rate Forecast for September 3, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 103.25 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 102.69 - down 13/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.375 points worse in price this morning … (0 comments)

mortgage rate lock advisory: Mortgage Rate Forecast for September 2, 2010 - Improving, or...? - 09/02/10 04:09 AM
Mortgage Rate Forecast for September 2, 2010 - Improving, or...?
Here are some of the events affecting mortgage rates today:
What Mortgage Backed Securities (MBS) Are Doing Today:
The price of the FNMA 30-Year 4.0% MBS coupon opened at 103.25 this morning - the same as yesterday's close. At 9:30 AM, the 4.0% MBS coupon was trading at 103.13 - down 4/32 from its opening. Remember, on mortgage backed securities (MBSs), as the price goes down, the yield goes up - and so do mortgage rates. I expect that mortgage rates will be up to 0.125 points worse in price this morning … (0 comments)