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MORTGAGE INTEREST RATE LOCK ADVISORY 4/22/16

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Mortgage and Lending with LoanOfficerSchool.com NMLS 291249
MORTGAGE INTEREST RATE LOCK ADVISORY
April 22, 2016, 8:30 AM PST 
 
FEATURED LOAN
LOCK ADVISORY -  Click for current Lock Advice
  • 1-14 Day Close:  LOCK 
  • 15-30 Day Close: LOCK
  • 31-45 Day Close: LOCK
  • Recommendations can change throughout the day.   
MORTGAGE MARKET INDICATORS -  Click for current Market Rates
  • Freddie Mac Average:30-Yr FRM, Up 0.01% to 3.59% on 4-21-16.
    Rate Price Based on 3% MBS, Up 0.14 Point. 
    DJI Stocks - Currently, $17,941.49, Down ($41.03) -0.23%
    Asian & European Stock Market Indexes Down -0.013%
    Crude Oil (WTI) - Currently, $44.17, Up $0.99
    Gold 1 Ounce - Currently, $1,244.10, Down ($7.10) 
MARKET REPORTS & ANALYSIS     
  • Mortgage Rates continue their climb 
  • Wednesday mortgage rates jumped significantly higher, relative to the almost perfectly flat trend that's been intact for more than a week.
  • Unlocked loans require a close market watch.  
NEWS LINKS
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"Wake up, honey. It's time to go to school."
"But why? I don't want to go to school."
"Give me two reasons why you don't want to go to school."
"One, all the children hate me. Two, all the teachers hate me."
"Oh, that's no reason. Come on, you have to go to school."
"Give me two good reasons why I should go to school?"
"One, you are fifty-two years old. Two, you are the principal!"
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"Life is what happens when you're busy making other plans." ~ John Lennon