Bill Ladewig's Blog: October 2015

MORTGAGE INTEREST RATE LOCK ADVISORY 10/30/15

MORTGAGE INTEREST RATE LOCK ADVISORY
October 30, 2015, 8:00 AM PST 
 
LOCK ADVISORY -  Click for current Lock Advice
  • 1-14 Day Close: FLOAT With Caution 
  • 15-30 Day Close: FLOAT With Caution 
  • 31-45 Day Close: FLOAT With Caution 
  • Recommendations can change throughout the day.   
MORTGAGE MARKET INDICATORS -   Click for current Markets
  • Freddie Mac Average:30-Yr FRM, down 0.03 point on: 10-29-15 :3.76% 
  • Rate Price Based on 3.5% MBS - Currently, Down -0.12 Point.
  • DJI Stocks - Currently, $17,753.36, Down ($2.44)
  • Asian & European Stock Market Indexes Down -0.022%
  • Crude Oil (WTI) - Currently, $49.01, Up $0.21
  • Gold 1 Ounce - Currently, $1,143.70, Down ($6.20)
     
MARKET REPORTS & ANALYSIS     
  • Today's October Chicago PMI 56.2 is a blockbuster move and breaks out of that weak trend of sub-50 readings. Generally, this is negative for pricing
  • Thursday's Jobs Report was better than expected and continues a nice trend, the GDP data was is a little weaker. but very close to market expectations.
  • Wednesday the FOMC put off a rate change until possibly December and price for rates increased 0.41 point. Readers recieved an Alert at 11:00 AM.
  • The MBS price remains stuck near the middle of a four month trading channel and the short term odds of rates increasing or decreasing are near equal.
     
NEWS LINKS
Comment balloon 0 commentsBill Ladewig • October 30 2015 08:07AM
MORTGAGE INTEREST RATE LOCK ADVISORY 10/30/15
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MORTGAGE INTEREST RATE LOCK ADVISORY October 30, 2015, 8:00 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution .. more
MORTGAGE INTEREST RATE LOCK ADVISORY 10/29/15
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MORTGAGE INTEREST RATE LOCK ADVISORY October 29, 2015, 8:00 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution .. more
MORTGAGE RATE LOCK ADVISORY 10/27/15
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MORTGAGE INTEREST RATE LOCK ADVISORY October 27, 2015, 7:45 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution .. more
MORTGAGE INTEREST RATE LOCK ADVISORY 10/26/15
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MORTGAGE INTEREST RATE LOCK ADVISOR Y October 26, 2015, 7:45 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution .. more
MORTGAGE INTEREST RATE LOCK ADVISORY 10/23/15
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MORTGAGE INTEREST RATE LOCK ADVISORY October 23, 2015, 8:00 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: LOCK 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution Recommendations can… more
MORTGAGE INTEREST RATE LOCK ADVISORY 10/22/15
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MORTGAGE INTEREST RATE LOCK ADVISORY October 22, 2015, 8:00 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution .. more
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MORTGAGE INTEREST RATE LOCK ADVISORY October 20, 2015, 8:00 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: LOCK 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution Recommendations can… more
MORTGAGE INTEREST RATE LOCK ADVISORY 10/16/15
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MORTGAGE INTEREST RATE LOCK ADVISORY October 16, 2015, 8:00 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution .. more
MORTGAGE INTEREST RATE LOCK ADVISORY 10/15/15
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MORTGAGE INTEREST RATE LOCK ADVISORY October 15, 2015, 8:00 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: LOCK 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution Recommendations can… more
MORTGAGE RATE LOCK ADVISORY 10/14/14
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MORTGAGE INTEREST RATE LOCK ADVISORY October 14, 2015, 8:00 AM PST LOCK ADVISORY - Click for current Lock Advice 1-14 Day Close: FLOAT With Caution 15-30 Day Close: FLOAT With Caution 31-45 Day Close: FLOAT With Caution .. more