- 1-15 Day Close: LOCK Today's Rate Improvement.
- 16-30 Day Close: FLOAT With Caution
- 31-45 Day Close: FLOAT With Caution
- Recommendations can change throughout the day.
- Click for current Lock Advice
- Average 30-Yr FRM, Down 0.09 points to 4.12% on 1-12-17
- Rate Price Based on 3.5% MBS, Down -0.26 Point.
- DJI Stocks - Currently, $19,806.65, Down ($147.63) -0.75%
- Asian & European Stock Market Indexes Up 0.278%
- Crude Oil (WTI) - Currently, $53.28, Up $1.03
- Gold 1 Ounce - Currently, $1,203.70, Up $4.80
- Rate Lock Advisory. Continue to lock on price improvements. Although technical indicators are beginning to show signs of rates changing direction for the better.
- Thursday Rate Market. More strong jobs data but no sign of inflation from overseas as our Import prices were about half of market expectations. A negative for rates
- Wednesday's Mortgage Rate Results: Mortgage rates based on Mortgage Backed Securities (MBS) closed down 0.11 point.
30-year fixed-rate mortgage (FRM) averaged 4.12 percent with an average 0.5 point for the week ending January 12, 2017, down from last week when it averaged 4.20 percent. A year ago at this time, the 30-year FRM averaged 3.92 percent.
- Thursday News Brief
- Mortgage Applications Start 2017 on the Rise
- FHA Cuts Mortgage Insurance Premiums By 0.25%
- Predicting the Path of Mortgage Rates in 2017
- Does Homebuyer Education Lead to Housing Stability?
- HARP Extended, FHFA Rolls Out High LTV Refi Option
- 2016 Best Year in a Decade for Housing; 2017 is a Wild Card
- Fannie Mae's Day 1 Certainty verifies Income and Assets in Desktop Underwriter (DU)
- Financial planners warming to reverse mortgages
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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