ARCHIVED BLOG POSTS
2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 19, 2010, 6:45 PTUpdated Several Times Daily Today's Lock Timing: FLOAT. MBS prices are down 2/32. CPI inflation came in lower than expected and the Fed also announced a small increase in the discount rate.Borrower's monit...
02/19/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 18, 2010, 3:00 PT Today's Lock Timing: LOCK. MBS prices closed down 17/32 and caused midday repricing for worse. Rates run in reverse of MBS PricesBorrower's monitoring MM Site were warned to lock rates about an hour befo...
02/18/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 18, 2010, 8:50 PT Today's Lock Timing: LOCK. MBS prices are down 12/32. Unfavorable repricing is a risk. MBS prices are down from an early high of +4/32. It has been a volatile morning, and lenders may have priced at a ra...
02/18/2010
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PM Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 17, 2010, 2:45 PT Today's Lock Timing: LOCK. Borrower's watching this blog had about a half hour warning to lock rates before they went up this morning.Long Term Lock or Float Advice: LOCK.Last week Rates reversed a do...
02/17/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 17, 2010, 10:30 PT Today's Lock Timing: LOCK before possible reprice for worseLong Term Lock or Float Advice: LOCKLast week Rates reversed a down trend held since December, 2009.MBS prices are down -10/32. Housing Starts w...
02/17/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 16, 2010, 1:25 PT Today's Lock Timing: LOCK, rates improved slightly this afternoon.Long Term Lock or Float Advice: LOCKLast week Rates reversed a down trend held since December, 2009.MBS prices are up 5/32. The Empire Sta...
02/16/2010
I have already reblogged Robert G. Hertzog's great article when it first ran. It looks like we are limited to one reblog so I cut and pasted his newly featured article to allow as many people as possible to read his great article. Is The FDIC Killing Indymac OneWest Bank Short Sales? As some of ...
02/16/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 16, 2010, 10:05 PM PT Today's lock timing: Hold, rates may improve slightly this afternoon.Long term Lock or Float Advice: LOCKLast week Rates reversed a down trend held since December, 2009.MBS prices are up 3/32. The Emp...
02/16/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 12, 2010, 8:30 PT Today's Lock or Float Advice: LOCKThis week Rates reversed their down trend since December, 2009Mortgage Backed Securities (MBS) prices are up +8/32. MBS move the opposite of rates. The overall rate tre...
02/12/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 11, 2010, 10:30 PT Lock Advice: FLOAT. Rates reversed their down trend yesterdayMortgage Backed Securities (MBS) prices are Up 2/32. Jobless Claims came in lower than expected. National Average Fixed Rate Mortgage Down 0.0...
02/11/2010
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