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Bill Ladewig's AM Market Brief

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Mortgage and Lending with LoanOfficerSchool.com NMLS 291249

April 9, 2009, 6:45 AM PST

National Average Fixed Rate Mortgage 
Down 2.0 basis point at 4.94% on 04-08-09
*A Basis Point (bps) is 1/100 of 1.00%

Fannie Mae Mortgage Backed Securities (MBS) Down 4.2 basis points to 4.363%

Lock Advice: Lock
The Mortgage Mentor rate indicator shows rates may be on the rise.

DJI Stocks 7,997.28  +160.17 +2.04%

European and Asian Markets Up 2.26%

10 Year Treasury currently 2.92%

NY Crude Oil $ 52.16 per barrel, Up 5.63%

FREE ON-LINE MORTGAGE CLASS: 203k Rehab Loan.  Everything You Need to Know,

Friday, April 10, 9:30-10:30 AM

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Home Sales Improved Unexpectedly

FHA Cash Out Refinances Limited to 85%

2009 Conforming Loan Limits increased by American Recovery and Reinvestment Act to $729,750 in high cost counties

How To Apply For $8,000 First Time Buyer Tax Credit
Up to a $8000 Tax Credit is available from IRS

10 Ways to Avoid A Closing Nightmare
An easy list that will make your life easier

 

Comments (1)

Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Love the snapshot idea...quick, easy, done. Thanks!

Apr 09, 2009 02:08 AM