MORTGAGE INTEREST RATE LOCK ADVISORY November 28, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: FLOAT Friday is expected to be a quiet day with most traders enjoying a four day weekend. A nice decline in interest rat...

11/28/2014

Rising Incomes, Inventory Boost October Home Sales

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MORTGAGE INTEREST RATE LOCK ADVISORY November 26, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: FLOAT Very interesting news mix Thanksgiving Eve. Personal Spending and Initial Jobless Claims are positive for Rates. D...

11/26/2014

A Plan to Move Your Data to the Cloud

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MORTGAGE INTEREST RATE LOCK ADVISORY November 25, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK 2nd QTR GDP has been revised from 3.5% to 3.9%, the market was expecting 3.3% This is negative for pricing and shou...

11/25/2014

Is China Building a Mortgage Bomb?

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MORTGAGE INTEREST RATE LOCK ADVISORY November 24, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK We have a lot of data crammed into this short week with a half day on Friday and a closed market on Thursday. This ...

11/24/2014

Refinance Share Rises to Seven-Month High on Lower Interest Rates

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MORTGAGE INTEREST RATE LOCK ADVISORY November 21, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK October Existing Home Sales $5.26M versus estimate of $5.16M Leading Economic Indicators 0.9% vs 0.6% Philly Fed bu...

11/21/2014

Mortgage Applications Take Surprising Turn

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MORTGAGE INTEREST RATE LOCK ADVISORY November 20, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK Teno3Magnet - As long as the 10 remains in its 19 day range between 2.30% and 2.38% we consider the market neutral;...

11/20/2014

Most Affordable Big Cities

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MORTGAGE INTEREST RATE LOCK ADVISORY November 19, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: LOCK 7-15 Day Close: FLOAT 16-30 Day Close: LOCK Teno3Magnet - As long as the 10 remains in its 19 day range between 2.30% and 2.38% we consider the market neutral; ...

11/19/2014

Pent-Up Demand Brewing Among Buyers

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MORTGAGE INTEREST RATE LOCK ADVISORY November 18, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: NEUTRAL 7-15 Day Close: FLOAT 16-30 Day Close: LOCK Core PPI MOM 0.4% vs est of 0.1%This is certainly hotter than expected, especially in the face of lower gas prices...

11/18/2014

12 Things You Need to Know Right Now

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MORTGAGE INTEREST RATE LOCK ADVISORY November 14, 2014, 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: NEUTRAL 7-15 Day Close: FLOAT 16-30 Day Close: LOCK Intra day lock status Neutral. Today's economic data is negative for bonds but the bond marke just shrugged it of...

11/14/2014

The Next Big Home Feature Buyers Want?

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MORTGAGE INTEREST RATE LOCK ADVISORY November 13, 2014, 8:30 AM PST Click for Updated Lock Advice LOCK ADVISORY 1-6 Day Close: FLOAT 7-15 Day Close: FLOAT 16-30 Day Close: LOCK Initial Weekly Jobless Claims 290K vs est of 280KSlightly favorable for MBS but not a game-changer MORTGAGE MARKET ...

11/13/2014