DailyMORTGAGE LOCK ADVISORY
June 11, 2012, 6:30 AM PST
Click for Lock Advice Updated Several Times Daily
7 day Mortgage Interest Rate lock or Float Advice: LOCK
Mortgage Points based on 3.5% Mortgage Backed Securities are up 0.08 point.
Mortgage Points based on 3.5% Mortgage Backed Securities are up 0.08 point.
30 Day Mortgage Interest Rate Lock or Float Advice: LOCK.
Rates could easily move higher or lower, but given the nearness to all time lows, there's generally more risk than reward regarding floating so my advice is to lock.
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.75%
MBS (3.5%) - 104.88, High: 105.02, Low: 104.84
DJI Stocks currently $12,630.90, Up $76.7, Change 0.607%
Asian & European Stock Market Indexes Up 0.976%
Nymex Crude Oil Currently $84.60 Up $0.50
Gold 1 Once - $1,594.70
MBS (3.5%) - 104.88, High: 105.02, Low: 104.84
DJI Stocks currently $12,630.90, Up $76.7, Change 0.607%
Asian & European Stock Market Indexes Up 0.976%
Nymex Crude Oil Currently $84.60 Up $0.50
Gold 1 Once - $1,594.70
MORTGAGE NEWS BRIEFS
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