LOCK ADVISORY
7 Day Mortgage Interest Rate lock or Float Advice:FLOAT with Caution
The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.08 point
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Rates look like they will continue up for the foreseeable future. Lock on any improvement
30 Day Mortgage Interest Rate Lock or Float Advice: LOCK
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MARKET INDICATORS
- National Average for 30-Yr Fixed Mortgage Rate is down 0.07% to 4.50% on Sept. 19,.
MBS (4%) - Currently 104.32, High: 104.42, Low: 104.22
DJI Stocks currently $15,391.81, Down $-9.57, Change -0.062%
Asian & European Stock Market Indexes changed 0.413%
Crude Oil (WTI) Currently $102.78 - Change -0.78%
Gold 1 Once - $1,309.36
REAL ESTATE & MORTGAGE NEWS
Home price appreciation expected to continue
Potential homebuyers show confidence in housingMegan Hopkins - More than half of Americans, 55% to be exact, are confident that home prices will go up over the next 12 months, according to a new Bankrate.com report. Of those surveyed, 27% believe home prices will remain unchanged, while 9% anticipate a decline in home prices. >> Read More
