Mortgage and Lending with NMLS 291249
October 21, 2016, 8:00 AM PT 
Never trust wiring instructions sent via email.  Cyber criminals are hacking email accounts and sending emails with fake wiring instructions. These emails are convincing and sophisticated. Always independently confirm wiring instructions in person or via a telephone call to a trusted and verified phone number. Never wire money without double-checking that the wiring instructions are correct.
I'm pleased to have been invited to be a LOS Instructor
And, to Have Joined A Great Team of Very Experienced Professionals
  • Average 30-Yr FRM, up 0.05 points to 3.52% on 10-20-16
  • Rate Price Based on 3% MBS, Down -0.12 Point. 
  • DJI Stocks - Currently, $18,065.24, Down ($97.11) -0.54%
  • Asian & European Stock Market Indexes Up 0.155%
  • Crude Oil (WTI) - Currently, $50.78, Up $0.15
  • Gold 1 Ounce - Currently, $1,268.70, Down ($0.40)
  • Today's Lock Advice Mortgage Backed Securities (MBS) prices remain in neutral territory and bumping against heavy resistance. The odds are slim that it can punch through the resistance and continue with lower prices.
  • Thursday rate prices increased 0.11 point. This was not enough to increase rate fees for most lenders. The MBS market experienced medium volatility. 
  • 30-year fixed-rate mortgage (FRM) averaged 3.52 percent with an average 0.5 point for the week ending October 20, 2016, up from last week when they averaged 3.47 percent. A year ago at this time, the 30-year FRM averaged 3.79 percent
The first-time flier was very nervous as he buckled his seat belt before takeoff. 
He turned to the woman in the next seat and asked, "About how often do jetliners like this crash?"
She thought a moment and replied, "Usually, just once."

Comments (2)

Harry F. D'Elia III
WEDO Real Estate and Beyond, LLC - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

We very much appreciate you sharing this information with us today. Make it happen this week.

Oct 21, 2016 01:37 AM
Bill Ladewig - Escondido, CA
Experience Is Your Advantage

Harry, thanks I appreciate your comment.  Enjoy a great weekend.

Oct 21, 2016 01:40 AM