- 1-14 Day Close: LOCK
- 15-30 Day Close: LOCK
- 31-45 Day Close: FLOAT Cautiously
- Recommendations can change throughout the day.
- Click for current Lock Advice
- Weekly Average 30-Yr FRM, down 0.02 point at 3.48% on 9-22-16.
- Rate Price Based on 3% MBS, Down -0.03 Point.
- DJI Stocks - Currently, $18,227.99, Down ($0.31) 0%
- Asian & European Stock Market Indexes Down -0.105%
- Crude Oil (WTI) - Currently, $45.55, Up $0.88
- Gold 1 Ounce - Currently, $1,324.70, Down ($4.70)
- Short term closings... Lock in the sixth day of improvements.
- Mortgage prices Improved again yesterday. Tuesday, mortgage prices improved 0.05 point. This was not enough to change mortgage rates or fees. The market experienced moderate volatility.
- September Consumer Confidence 104.10 versus estimated 99.8. This is a very robust reading and generally negative for pricing
- 30-year fixed-rate mortgage (FRM) averaged 3.48 percent with an average 0.6 point for the week ending September 22, 2016, down from last week when it averaged 3.50 percent. A year ago at this time, the 30-year FRM averaged 3.86 percent.
- Wednesday AM Brief
- Home Values Rise Higher in August
- The new normal: National average time to close settles at 46 days
- GSEs to raise conforming loan limits in 2017?
- Mortgage Rates and Applications Up
- FHA Loans : Still The Best Choice For Many Home Buyers
- FHA Condo Relief Coming: President Signs Bill
- Reverse mortgages is the hot new retirement planning tool
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
Real Estate & Mortgage Broker
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