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Mortgage and Lending - LoanOfficerSchool.com - NMLS 291249

ARCHIVED BLOG POSTS

2009 

June 30 , 2009, 6:30 AM PST  National Average Fixed Rate Mortgage  Down 3 basis point to 5.37% on 06-29-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities Down 2.6 basis points to 4.936% Lock Advice:  FloatToday the MM rate indicator is Down 3.6 basis points and 10 yea...
06/30/2009
June 29 , 2009, 6:30 AM PST  National Average Fixed Rate Mortgage  Down 4 basis point to 5.40% on 06-26-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities Down 0.3 basis points Lock Advice:  FloatToday the MM rate indicator is Down 4.5 basis points and 10 year bonds we...
06/29/2009
June 29 , 2009, 6:30 AM PST  National Average Fixed Rate Mortgage  Down 4 basis point to 5.40% on 06-26-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities Down 0.3 basis points Lock Advice:  FloatToday the MM rate indicator is Down 4.5 basis points and 10 year bonds we...
06/29/2009
June 26 , 2009, 3:30 PM PST  National Average Fixed Rate Mortgage  Down 4 basis point to 5.40% on 06-26-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities (MBS) Down 14.7 basis points to 4.959% Lock Advice:  FloatThis morniing MBS enjoyed their largest down move in ove...
06/26/2009
June 26 , 2009, 6:30 AM ST  National Average Fixed Rate Mortgage  Down 2 basis point to 5.44% on 06-25-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities (MBS) Down 14.7 basis points to 4.959% Lock Advice:  FloatThis morniing MBS enjoyed their largest down move in over...
06/26/2009
June 26 , 2009, 6:30 AM ST  National Average Fixed Rate Mortgage  Down 2 basis point to 5.44% on 06-25-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities (MBS) Down 14.7 basis points to 4.959% Lock Advice:  FloatThis morniing MBS enjoyed their largest down move in over...
06/26/2009
June 25 , 2009, 6:30 AM ST  National Average Fixed Rate Mortgage  Down 1 basis point to 5.46% on 06-24-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities (MBS) Down 0.5 basis points to 5.106% Lock Advice:  LockIt looks like the downward momentum has dried up and it is ...
06/25/2009
June 24 , 2009, 6:30 AM ST  National Average Fixed Rate Mortgage  Unchanged at 5.47% on 06-23-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities (MBS) Down 1.3 basis points to 5.111% Lock Advice:  Float with CautionDownward momentum has slowed so the recent decline may...
06/24/2009
June 24 , 2009, 6:30 AM ST  National Average Fixed Rate Mortgage  Unchanged at 5.47% on 06-23-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities (MBS) Down 1.3 basis points to 5.111% Lock Advice:  Float with CautionDownward momentum has slowed so the recent decline may...
06/24/2009
June 23 , 2009, 6:30 AM ST  National Average Fixed Rate Mortgage  Down 5 basis points at 5.47% on 06-22-09*A Basis Point (bps) is 1/100 of 1.00% Fannie Mae Mortgage Backed Securities (MBS) Down 2.4 basis points to 5.124% Lock Advice:  FloatThis morning the MM rate indicator down 3.2 basis points ...
06/23/2009
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Bill Ladewig

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