MORTGAGE INTEREST RATE LOCK ADVISORY
July 22 2015, 7:45 AM PST
LOCK ADVISORY
- 1-7 Day Close: LOCK
- 8-14 Day Close: LOCK
- 15-30 Day Close: LOCK
MORTGAGE MARKET INDICATORS
- Freddie Mac Average:30-Yr FRM, on: 7-16-15: 4.09% - Up 0.05 point
- Rate Price Based on 3% MBS - Currently, Down -0.04 Point.
- DJI Stocks - Currently, $17,855.02, Down ($64.27)
- Asian & European Stock Market Indexes Down -0.533%
- Crude Oil (WTI) - Currently, $50.68, Down ($0.18)
- Gold 1 Ounce - Currently, $1,090.00, Up $13.00
MARKET REPORTS & ANALYSIS
- I believe the best current strategy is to lock at any market improvement.
- Rates ended Tuesday down 0.23 point after a midmorning price improvement. Website readers received notice at 9:50 AM to wait for the afternoon to lock.
- Tuesday Gold dropped to a five year low, below $1,100 an ounce.
NEWS LINKS
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