ARCHIVED BLOG POSTS
2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 10, 2010, 3:00 PT Lock Advice: LOCK. There were midday rate increases from several lenders.MBS prices closed Down 4/32 and broke below a support level indicating the possibility of higher rates for the next few weeks.The De...
02/10/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 10, 2010, 8:40 PT Lock Advice: LOCKMBS prices are Down 3/32 and just dropped 4/32 from +1/32The December Trade Deficit was larger than expected. National Average Fixed Rate Mortgage UP 0.01% at 5% on Feb.9 Fannie Mae Mortgag...
02/10/2010
Mike keeps coming up with interesting information that I like to pass on to others who might miss his blog."People can be exposed to toxins in tobacco smoke in a way that's never been recognized before." That quote by Lara Gundel, indoor environment specialist and staff scientist at the Lawrenc...
02/09/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 9, 2010, 10:30 PT Lock Advice: LOCKMBS prices are down 7/32, possibility of negative reprice.There will be a 3-yr Treasury auction at 1:00 ET. National Average Fixed Rate Mortgage Unchanged at 4.99% on Feb.9 Fannie Mae Mort...
02/09/2010
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Keep your fingers crossedHVCC is known as Home Valuation Code of Conduct. I like to affectionately call it hell for homebuyers, home sellers, realtors, real estate attorneys and lenders. Reaty Times reported that the days for HVCC are numbered and the death of HVCC is imminent...... THANKFULL...
02/08/2010
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PM Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 8, 2010, 1:15 PT Lock Advice: FLOAT MBS prices are down 2/32. No economic data was released today. National Average Fixed Rate Mortgage Down 0.03% at 4.99% on Feb.8 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.65...
02/08/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 8, 2010, 6:35 PT Lock Advice: FLOAT MBS prices are up +1/32. No economic data will be released today. RATE NOTES:When MBS prices are up, Interest Rates are down.Lock advice changes throughout the day.Good economic news = B...
02/08/2010
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PM Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 5, 2010, 1:55 PT Lock Advice: FLOAT Mortgage Backed Securities (MBS) prices are up 4/32 and there was a favorable midday reprice from some investors. The economy added slightly fewer jobs than expected, but the Unemploy...
02/05/2010
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02/05/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEFebruary 5, 2010, 10:55 PT Lock Advice: FLOAT Mortgage Backed Securities (MBS) prices are up 9/32 and there is the possibility of a favorable midday reprice. The economy added slightly fewer jobs than expected, but the Unemployment...
02/05/2010
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Bill Ladewig
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