Regulators Issue New Guidelines on Home Equity Lines of Credit
By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY July 2, 2014 8:00 AM PST Click for Updated Lock Advice LOCK ADVISORY 7 Day Close Mortgage Interest Rate lock or Float Advice: LOCK The price for 3.50% Mortgage Loans based on MBS is currently Up 0.26 point. Prices have steadily improved the previous week and half and it appears to me that we are at a tipping point where prices could go the other way so the safe move is to lock. Close Mortgage Interest Rate Lock or Float Advice: LOCK MORTGAGE MARKET INDICATORS FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.03% to 4.14% on June 26. MBS (3.5%) - Currently 102.25, High: 102.59, Low: 102.2 DJI Stocks currently $16,972.45, Up $16.38, Change 0.097% Asian & European Stock Market Indexes changed 0.139% Crude Oil (WTI) Currently $104.60 - Change -0.7...
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