DailyMORTGAGE LOCK ADVISORY
May 23, 2012, 6:30 AM PST
Click for Lock Advice Updated Several Times Daily
Mortgage Points based on 3.5% Mortgage Backed Securities are down 0.09 point.
30 Day Mortgage Interest Rate Lock or Float Advice: LOCK on any improvement.
Rates are presently excellent and the best advice is to lock whenever possible.
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.79%
MBS (3.5%) - 104.41, High: 104.44, Low: 104.28
DJI Stocks currently $12,428.57, Down $-74.24, Change -0.597%
Asian & European Stock Market Indexes Down -1.957%
Nymex Crude Oil Currently $91.40 Down $0.45
Gold 1 Once - $1,560.17
MORTGAGE NEWS BRIEFS
FDIC Reportedly Files Suit Against Several Large Banks By: Ryan Schuette
The FDIC reportedly filed suit Friday against a number of large bank holding companies, including Bank of America, Citigroup, Deutsche Bank, and JPMorgan Chase Read More MReport
But I don't want to make any repairs!!!!
Many times I go to a listing appointment and I have to have the dreaded conversation with the seller regarding repairs that should be made before putting the home on the market. It can be anything from small cosmetic changes to major repairs. Read More ActiveRain
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