Survey: Another Few Years Left for Recovery as Housing Faces Headwinds
By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY November 12, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK September Wholesale Inventories 0.3% vs est of 0.2% August Wholesale Inventories was revised from 0.7 to 0.6 So, September was a tad better than expected and August was a tad worse. This is a wash and older data anyway, not a big factor in pricing today. MORTGAGE MARKET INDICATORS FHLMC Weekly Average:30-Yr Fixed Mortgage Rate, on 11-06-14: 4.02% - Change 0.04%MBS (3.5%) - Currently 103.15, High: 103.36, Low: 103.07 Change 0.08 Point DJI Stocks Currently $17,563.21, Down $51.69, Change -0.294% Asian & European Stock Market Indexes changed -1.027% Crude Oil (WTI) Currently : $77.59 - Change -0.45% Gold 1 Oun...
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