DAILY MORTGAGE LOCK ADVISORY
October 19, 2011, 7:00 AM PST
Mortgage Interest Rate lock Advice for locks within 7 days: LOCK
Mortgage Points based on 3.5% Mortgage Backed Securities are down 0.08 point. In the short term, the bond market looks volatile and the safe bet is to lock on any down day.
30 Day Mortgage Interest Rate Lock or Float Advice: LOCK
October 7, 2011, Mortgage Backed Securities moved below a long standing resistance level which could be bad news for long term rates.
National Average Fixed Rate Mortgage 4.12%
MBS (3.5%) - 101.23, High: 101.25, Low: 100.97
DJI Stocks currently $11,553.89, Down $-23.16, Change -0.2%
Asian & European Stock Market Indexes Up 0.895%
Nymex Crude Oil Currently $88.35 Up $0.01
FREE OPEN HOUSE FLYERS - Click for Samples and Details
Homebuilders More Confident Despite Economic Outlook