MORTGAGE INTEREST RATE LOCK ADVISORY
January 4, 2017, 7:45 AM PT
- 1-15 Day Close: LOCK
- 16-30 Day Close: LOCK
- 31-45 Day Close: LOCK
- Recommendations can change throughout the day.
- Click for current Lock Advice
MARKET INDICATORS
- Average 30-Yr FRM, up 0.14 points to 4.30% on 12-22-16
- Rate Price Based on 3.5% MBS, Up 0.08 Point.
- DJI Stocks - Currently, $19,898.09, Up $16.33 0.08%
- Asian & European Stock Market Indexes Up 0.231%
- Crude Oil (WTI) - Currently, $52.34, Up $0.01
- Gold 1 Ounce - Currently, $1,167.50, Up $3.80
MARKET REPORTS & ANALYSIS
- Rate Lock Advisory. My advice has basically remained the same since November 8th. Continue to lock on price improvements. News and technical indicators provide no sign of rates changing direction. In this uncertain market. Float rates at your own risk.
- Wednesday's Market: Today's quiet news day is not expected to significantly move rates..
- Tuesday's Mortgage Rate Results: Mortgage rates based on Mortgage Backed Securities (MBS) closed up 0.08 point.
- 30-year fixed-rate mortgage (FRM) averaged 4.32 percent with an average 0.5 point for the week ending December 29 2016, up from last week when it averaged 4.30 percent. A year ago at th
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- Financial planners warming to reverse mortgages
The odds of going to the store for a loaf of bread and coming out
with only a loaf of bread are three billion to one. ~ Erma Bombeck
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