MORTGAGE INTEREST RATE LOCK ADVISORY
July 3, 2014 8:00 AM PST
LOCK ADVISORY
7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK
- The price for 3.50% Mortgage Loans based on MBS is currently Up 0.23 point.
Close Mortgage Interest Rate Lock or Float Advice: LOCK
MORTGAGE MARKET INDICATORS
- FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.12% on July 3.
- MBS (3.5%) - Currently 102.06, High: 102.28, Low: 101.88
- DJI Stocks currently $17,048.45, Up $72.21, Change 0.424%
- Asian & European Stock Market Indexes changed 0.567%
- Crude Oil (WTI) Currently $103.81 - Change -0.64%
- Gold 1 Ounce - $1,320.26
MORTGAGE AND REAL ESTATE NEWS
Move, NAR win first round in trade secrets lawsuitMove (MOVE) and the National Association of Realtors have just won the opening battle against Zillow (Z) and Errol Samuelson, chief industry development officer for Zillow, in what promises to be a hard-fought lawsuit over allegations of breach of contract, breach of fiduciary duty and misappropriation of trade secrets.
Judge issues preliminary injunction against Zillow, Errol Samuelson
Move, NAR win first round in trade secrets lawsuitMove (MOVE) and the National Association of Realtors have just won the opening battle against Zillow (Z) and Errol Samuelson, chief industry development officer for Zillow, in what promises to be a hard-fought lawsuit over allegations of breach of contract, breach of fiduciary duty and misappropriation of trade secrets.
Washington State Superior Court Judge Barbara Linde issued Wednesday a preliminary injunction in the case, finding that Samuelson misappropriated trade secret information by acquiring it using improper means, and by copying it without authorization. >>Read More Housing Wire
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