Bill Ladewig's Blog: MORTGAGE RATE LOCK ADVISORY 9/23/15

MORTGAGE RATE LOCK ADVISORY 9/23/15

MORTGAGE INTEREST RATE LOCK ADVISORY
September 23, 2015, 8:00 AM PST 
 
LOCK ADVISORY
  • 1-7 Day Close: LOCK Immediately
  • 8-14 Day Close: LOCK On andy Improvement
  • 15-30 Day Close: LOCK On andy Improvement
  • Recommendations can change throughout the day.   Click for current Lock Advice
MORTGAGE MARKET INDICATORS
  • Freddie Mac Average:30-Yr FRM, on: 9-17-15: 3.91% - Up 0.01 point
  • Rate Price Based on 3.5% MBS - Currently, Up 0.13 Point.
  • DJI Stocks - Currently, $16,342.91, Up $12.44
  • Asian & European Stock Market Indexes Down -0.258%
  • Crude Oil (WTI) - Currently, $49.53, Up $0.45
  • Gold 1 Ounce - Currently, $1,134.30, Up $6.30
MARKET REPORTS & ANALYSIS     
  • MBS are presently at the top of a long established trading channel.  At the moment, odds favor MBS moving down causing increased rates.  Short term lock immediately.  Mid and Long term, Lock on any improvement.
NEWS LINKS
Comment balloon 0 commentsBill Ladewig • September 23 2015 06:20AM

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