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Mortgage and Lending - LoanOfficerSchool.com - NMLS 291249

ARCHIVED BLOG POSTS

2014 

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
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
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
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
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 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
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
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
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
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
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Bill Ladewig

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