MORTGAGE INTEREST RATE LOCK ADVISORY
7 Day Mortgage Interest Rate lock or Float Advice: FLOAT
- The price for 4.00% Mortgage Loans based on MBS is currently up 0.04 point.
30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT
MARKET INDICATORS
- FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.01% to 4.20% on May 15.
- MBS (4%) - Currently 105.46, High: 105.5, Low: 105.39
- DJI Stocks currently $16,512.06, Up $137.75, Change 0.834%
- Asian & European Stock Market Indexes changed 0.443%
- Crude Oil (WTI) Currently $103.34 - Change 0.99%
- Gold 1 Ounce - $1,289.71
MORTGAGE AND REAL ESTATE NEWS
Realtor Incomes Increase for Third Year
by: Jann Swanson - It has been a tough few years for real estate agents but according to information released by the National Association of Realtors (NAR) that appears to be turning around. NAR's 2014 Member Profile indicates that income and sales volume among NAR's near million members has "jumped" for the third year in a row, a reflection in part of the 11.5 percent rise in home prices over the last year.
The median income of a Realtor (a member of NAR), increased to $47,700 in 2013 from $43,500 in 2012, a 9.6 percent increase. >>Read More Mortgage News Daily
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