DailyMORTGAGE LOCK ADVISORY
May 24, 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%) - 104.28, High: 104.5, Low: 104.28
DJI Stocks currently $12,517.80, Up $21.65, Change 0.173%
Asian & European Stock Market Indexes Up 1.047%
Nymex Crude Oil Currently $90.92 Up $1.02
Gold 1 Once - $1,572.48
MORTGAGE NEWS BRIEFS
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April New Home Sales Climb 3.3%, Beating Earlier Forecasts
By: Mark Lieberman,
New homes sales rose 3.3 percent in April to a seasonally adjusted annual rate of 343,000, the Commerce Department and HUD said jointly Wednesday. Read More MReport
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