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FDIC Reportedly Files Suit Against Several Large Banks

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Mortgage and Lending with LoanOfficerSchool.com NMLS 291249

DailyMORTGAGE LOCK ADVISORY 

May 23, 2012, 6:30 AM PST

Click for Lock Advice Updated Several Times Daily  

      

7 day Mortgage Interest Rate lock or Float Advice:  LOCK on any Improvement.
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%
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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