Bill Ladewig's Blog: June 2016

MORTGAGE INTEREST RATE LOCK ADVISORY 6/29/16

MORTGAGE INTEREST RATE LOCK ADVISORY
June 29, 2016, 7:55 AM PST 
 
FEATURED LOANS
LOCK ADVISORY -  Click for current Lock Advice
  • 1-14 Day Close:  LOCK
  • 15-30 Day Close: FLOAT
  • 31-45 Day Close: FLOAT
  • Recommendations can change throughout the day.   
MORTGAGE MARKET INDICATORS -
  • Weekly Average 30-Yr FRM, Up 0.02% to 3.56% on 6-23-16.
    Rate Price Based on 3% MBS, Unchanged 0 Point. 
    DJI Stocks - Currently, $17,569.19, Up $159.47 0.91%
    Asian & European Stock Market Indexes Up 1.129%
    Crude Oil (WTI) - Currently, $48.90, Up $1.05
    Gold 1 Ounce - Currently, $1,328.20, Up $10.80
     
MARKET REPORTS & ANALYSIS     
  • Rates Currently Trending: Neutral 
    Mortgage rates are slightly down again today. The MBS market was off .04 Point yesterday. This was not enough to move mortgage rates or fees. The market experienced moderate volatility yesterday. 
  • Monday MBS prices blasted through a six month price barrier on the EU news, signaling a possible trend for lower rates. 
  • MBS = Mortgage Backed Securities and MBS moves opposite mortgage rates. So, MBS prices moving up is a good sign.
NEWS LINKS
 
Dan was a single guy living at home with his father and working in the family business. When he found out he was going to inherit a fortune when his sickly father died, he decided he needed a wife with whom to share his fortune.  
One evening at an investment meeting he spotted the most beautiful woman he had ever seen. Her natural beauty took his breath away. "I may look like just an ordinary man," he said to her, "but in just a few years, my father will die, and I'll inherit 20 million dollars."
Impressed, the woman obtained his business card and three days later, she became his stepmother.
Women are so much better at estate planning than men.
Comment balloon 0 commentsBill Ladewig • June 29 2016 07:21AM
MORTGAGE INTEREST RATE LOCK ADVISORY 6/29/16
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MORTGAGE INTEREST RATE LOCK ADVISORY June 29, 2016, 7:55 AM PST FEATURED LOANS REVERSE MORTGAGE (HECM) Financial Freedom for Qualified Seniors Click for Reverse Mortgage Details LOCK ADVISORY - Click for current Lock Advice.. more
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MORTGAGE INTEREST RATE LOCK ADVISORY June 28, 2016, 7:55 AM PST FEATURED LOANS REVERSE MORTGAGE (HECM) Financial Freedom for Qualified Seniors Click for Reverse Mortgage Details LOCK ADVISORY - Click for current Lock Advice.. more
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MORTGAGE INTEREST RATE LOCK ADVISORY June 27, 2016, 7:55 AM PST FEATURED LOANS REVERSE MORTGAGE (HECM) Financial Freedom for Qualified Seniors Click for Reverse Mortgage Details LOCK ADVISORY - Click for current Lock Advice.. more
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MORTGAGE INTEREST RATE LOCK ADVISORY June 22, 2016, 7:55 AM PST FEATURED LOANS REVERSE MORTGAGE (HECM) Financial Freedom for Qualified Seniors Click for Reverse Mortgage Details LOCK ADVISORY - Click for current Lock Advice.. more
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MORTGAGE INTEREST RATE LOCK ADVISORY June 21, 2016, 7:55 AM PST FEATURED LOANS REVERSE MORTGAGE (HECM) Financial Freedom for Qualified Seniors Click for Reverse Mortgage Details LOCK ADVISORY - Click for current Lock Advice.. more
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MORTGAGE INTEREST RATE LOCK ADVISORY June 20, 2016, 7:45 AM PST FEATURED LOANS REVERSE MORTGAGE (HECM) Financial Freedom for Qualified Seniors Click for Reverse Mortgage Details LOCK ADVISORY - Click for current Lock Advice.. more
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MORTGAGE INTEREST RATE LOCK ADVISORY June 17, 2016, 7:45 AM PST FEATURED LOANS REVERSE MORTGAGE (HECM) Financial Freedom for Qualified Seniors Click for Reverse Mortgage Details LOCK ADVISORY - Click for current Lock Advice.. more
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MORTGAGE INTEREST RATE LOCK ADVISORY June 15, 2016, 8:00 AM PST FEATURED LOANS REVERSE MORTGAGE (HECM) Financial Freedom for Qualified Seniors Click for Reverse Mortgage Details LOCK ADVISORY - Click for current Lock Advice.. more
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MORTGAGE INTEREST RATE LOCK ADVISORY June 14, 2016, 8:00 AM PST FEATURED LOANS REVERSE MORTGAGE (HECM) Financial Freedom for Qualified Seniors Click for Reverse Mortgage Details LOCK ADVISORY - Click for current Lock Advice.. more