Bill Ladewig's Blog

AM MORTGAGE RATE LOCK ADVISORY 9-10-15

MORTGAGE INTEREST RATE LOCK ADVISORY
September 10, 2015, 8:00 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: 9-10-15: 3.90% - Up 0.01 point
  • Rate Price Based on 3.5% MBS - Currently, Up 0.12 Point.
  • DJI Stocks - Currently, $16,334.01, Up $80.44
  • Asian & European Stock Market Indexes Down -0.802%
  • Crude Oil (WTI) - Currently, $44.41, Up $0.26
  • Gold 1 Ounce - Currently, $1,109.00, Up $7.00 
MARKET REPORTS & ANALYSIS     
  • The chance for rates to increase outweighs the chance of improvement so the safe bet is to lock as soon as possible.
  • In the face of continued stock market volatility and major economic data, mortgage rates showed surprisingly little movement 
  • Friday's reports show Unemployment Rate dropped AND wages increased...therefore this increases the chance the Fed. will bump up rates in September.
  • Last week's fairly upbeat report leaves the door open for a rate hike in September. 
     
NEWS LINKS
Comment balloon 1 commentBill Ladewig • September 10 2015 07:49AM
AM MORTGAGE RATE LOCK ADVISORY 9-10-15
share
MORTGAGE INTEREST RATE LOCK ADVISORY September 10, 2015, 8:00 AM PST Click for Updated Lock Advice 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… more
AM MORTGAGE INTEREST RATE LOCK ADVISORY 9/9/15
share
MORTGAGE INTEREST RATE LOCK ADVISORY September 9, 2015, 8:00 AM PST Click for Updated Lock Advice 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… more
AM MORTGAGE INTEREST RATE LOCK ADVISORY 9/8/15
share
MORTGAGE INTEREST RATE LOCK ADVISORY September 8, 2015, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-7 Day Close: FLOAT WITH CAUTION 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac… more
AM Market and Rate Lock Advisory 9/4/15
share
MORTGAGE INTEREST RATE LOCK ADVISORY September 4, 2015, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-7 Day Close: FLOAT WITH CAUTION 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac… more
AM Mortgage and Lock Advisory 9/3/15
share
MORTGAGE INTEREST RATE LOCK ADVISORY September 3, 2015, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-7 Day Close: FLOAT WITH CAUTION 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac… more
AM Mortgage Market and Lock Advisor 8/28
share
MORTGAGE INTEREST RATE LOCK ADVISORY August 28, 2015, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-7 Day Close: FLOAT WITH CAUTION 8-14 Day Close: LOCK 15-30 Day Close: LOCK MORTGAGE MARKET INDICATORS Freddie Mac… more
AM Mortgage Report and Rate Lock Advisory 8/26
share
MORTGAGE INTEREST RATE LOCK ADVISORY August 26, 2015, 8:00 AM PST Click for Updated Lock Advice 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… more
AM Mortgage Market and Rate Lock Advisory 8/25
share
MORTGAGE INTEREST RATE LOCK ADVISORY August 25, 2015, 7:30 AM PST Click for Updated Lock Advice 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… more
AM Mortgage Market & Rate Lock Advisory 8/24/15
share
MORTGAGE INTEREST RATE LOCK ADVISORY August 24, 2015, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-7 Day Close: FLOAT WITH CAUTION 8-14 Day Close: FLOAT WITH CAUTION 15-30 Day Close: FLOAT WITH CAUTION MORTGAGE… more
AM Mortgage Market and Lock Advisory 8/21/15
share
MORTGAGE INTEREST RATE LOCK ADVISORY August 21, 2015, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-7 Day Close: FLOAT WITH CAUTION 8-14 Day Close: NEUTRAL 15-30 Day Close: NEUTRAL MORTGAGE MARKET INDICATORS Freddie… more