Bill Ladewig's Blog

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Mortgage and Lending - LoanOfficerSchool.com - NMLS 291249

ARCHIVED BLOG POSTS

2010 

DAILY MORTGAGE RATE LOCK ADVICEJuly 30, 2010, 6:35PTLock Advice is Updated Several Times Daily Today's Short Term Mortgage Rate lock Advice:  LOCK.Mortgage Backed Securities (MBS) prices are Down 0.140 points.  Points reversed from down 0.370 earlier.  The 0.23 point increase from this mornings l...
07/30/2010
DAILY MORTGAGE RATE LOCK ADVICEJuly 29, 2010, 6:35PTLock Advice is Updated Several Times Daily Today's Short Term Mortgage Rate lock Advice:  LOCK.Mortgage Backed Securities (MBS) prices are up .09 pointsPoints are the cost for a rate.  One Point (1.000) equals 1% of the loan amount; i.e.: a cost...
07/29/2010
Bill wrote a quick, easy to understand short sale primer.            Understanding Short Sale Transactions | A Guide to Short Sale Facts & Myths                                                                                                                                                         ...
07/29/2010
DAILY MORTGAGE RATE LOCK ADVICEJuly 28, 2010, 7:35 PTLock Advice is Updated Several Times Daily Today's Short Term Mortgage Rate lock Advice:  FLOAT.Mortgage Backed Securities (MBS) prices are up 0.030 point.  Points are the cost for a rate.  One Point (1.000) equals 1% of the loan amount; i.e.: ...
07/28/2010
DAILY MORTGAGE RATE LOCK ADVICEJuly 27, 2010, 6:35 PTLock Advice is Updated Several Times Daily Today's Short Term Mortgage Rate lock Advice:  FLOAT with Caution.MBS prices are up 0.15 point.  Points are the cost for a rate.  One Point (1.000) equals 1% of the loan amount; i.e.: a cost of 1.000 p...
07/27/2010
DAILY MORTGAGE RATE LOCK ADVICEJuly 26, 2010, 8:42PTLock Advice is Updated Several Times Daily Today's Short Term Mortgage Rate lock Advice:  FLOAT with Caution.MBS prices are down 1/32 after a high of up 5/32 earlier this morning MBS Prices move opposite of mortgage rates. Long Term Mortgage Rat...
07/26/2010
DAILY MORTGAGE RATE LOCK ADVICEJuly 23, 2010, 8:30 PTLock Advice is Updated Several Times Daily Today's Short Term Mortgage Rate lock Advice:  FLOAT.MBS prices are up 2/32. MBS Prices move opposite of mortgage rates. Long Term Mortgage Rate Lock or Float Advice:  FLOATThe MBS Market finally broke...
07/23/2010
DAILY MORTGAGE RATE LOCK ADVICEJuly 22, 2010, 8:00 PTLock Advice is Updated Several Times Daily Today's Short Term Mortgage Rate lock Advice:  FLOAT With Caution.MBS prices are down 2/32.  Another volitale day.  So far this morning, after two hours of trading, MBS prices down 4/32 then up 1/32 an...
07/22/2010
DAILY MORTGAGE RATE LOCK ADVICEJuly 21, 2010, 6:35 PTLock Advice is Updated Several Times Daily Today's Short Term Mortgage Rate lock Advice:  FLOATMBS prices are presently unchanged from Tuesday's close  MBS Prices move opposite of mortgage rates. Long Term Mortgage Rate Lock or Float Advice:  F...
07/21/2010
DAILY MORTGAGE RATE LOCK ADVICEJuly 20, 2010, 10:52 PTLock Advice is Updated Several Times Daily Today's Short Term Mortgage Rate lock Advice: LOCKMBS prices are presently unchanged from close yesterday.  Earlier MBS prices were as high as up 6/32.  The recent drop could cause some lenders to rep...
07/20/2010
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Bill Ladewig

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Daily rate lock advice, mortgage market updates and information about new and existing mortgage loans.

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