ARCHIVED BLOG POSTS
2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 30 2010, 6:35 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: FLOATMBS prices have moved from down -1/32 to unchanged.Mortgage Rates run opposite MBS prices Long Term Mortgage Rate...
04/30/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 29 2010, 12:10 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: FLOATMBS prices are up 6/32 and pricing may improve.Mortgage Rates run opposite MBS prices Long Term Mortgage Rate Lo...
04/29/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 28 2010, 1:22 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: LOCKMBS prices are down -6/32. Mortgage Rates run opposite MBS prices Long Term Mortgage Rate Lock or Float Advice: L...
04/28/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 28 2010, 6:35 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: LOCKMBS prices are down -7/32. The Fed announcement will come out around 2:15 et.Mortgage Rates run opposite MBS price...
04/28/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 27 2010, 2:35 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: FLOATMBS prices are up +18/32 and favorable repricing is possible. Mortgage Rates run opposite MBS prices Long Term Mo...
04/27/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 27 2010, 6:35 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: FLOATMBS prices are up +8/32. Consumer Confidence will be released at 10:00 ET.Mortgage Rates run opposite MBS prices ...
04/27/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 26 2010, 3:28 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: LOCKMBS prices closed up 2/32 down from a high of 8/32 and unfavorable repricing was seen.Mortgage Rates run opposite ...
04/26/2010
Non-occupant borrowers can help close your transactions. Larry Bettag does a good job of explaining the pros and cons of this option. Co-Borrowers are borrowers that sign in order to help the main or primary borrower qualify for a loan. The big hub bub in mortgage banking recently has been Non...
04/24/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 23 2010, 1:45 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: FLOATMBS prices currently are down -4/32. Prices have improved from a low of -9/32 this morning and some lenders have...
04/23/2010
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Rate Lock Advice & Mortgage Market Update DAILY RATE LOCK ADVICEApril 23 2010, 6:45 PTLock Advice is Updated Several Times Daily Rate lock Advice for loans that must lock today: LOCK ASAPMBS prices are down -5/32. Mortgage Rates run opposite MBS prices Long Term Mortgage Rate Lock or Float Advic...
04/23/2010