MORTGAGE INTEREST RATE LOCK ADVISORY
November 27, 2015, 7:30 AM PST
- 1-14 Day Close: LOCK
- 15-30 Day Close: LOCK
- 31-45 Day Close: LOCK
- Recommendations can change throughout the day.
MORTGAGE MARKET INDICATORS - Click for current Markets
- Freddie Mac Average:30-Yr FRM, Down 0.02 point on: 11-25-15 :3.95%
Rate Price Based on 3.5% MBS - Currently, Down -0.09 Point.
DJI Stocks - Currently, $17,785.37, Down ($28.02)
Asian & European Stock Market Indexes Down -0.395%
Crude Oil (WTI) - Currently, $45.22, Down ($0.24)
Gold 1 Ounce - Currently, $1,059.40, Down ($13.80)
MARKET REPORTS & ANALYSIS
- While rates could go either way today a rate increase is pending in the near future. The safe bet is to lock and take advantage of the last ten days of slightly improved rates.
NEWS LINKS
- Friday AM Brief
- No Y2K drama here - TRID fears real
- Mortgage more affordable than renting in the US
- Home Prices Rising Twice as Fast as Inflation
- House votes to revamp Qualified Mortgage rules
- Former developer gets 11 years for mortgage fraud
- House votes to revamp Qualified Mortgage rules
- Yellen Urges Congress to Reject Fed Reform Bill
- Yellen Signals Solid Economy Would Spur December Rate Hike
CONSUMER EDUCATION = CONSUMER PROTECTION
- Rates and Points Explained
- FHA 203k Renovation Mortgage - Video
- Energy Efficient Mortgages - Video
- What You Should Know About APR
- How To Shop for Mortgage Rates.
- Beware of Misleading Lender Advertising
- Education is the best consumer protection
Bill Ladewig
Real Estate & Mortgage Broker
866.204.9733 Office
760.685.0480 Cell
BRE: 00968137
NMLS: 291249
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