Market Snapshot - Sigma Research
By Bill Ladewig, Experience Is Your Advantage
(LoanOfficerSchool.com)
MORTGAGE INTEREST RATE LOCK ADVISORY April 24, 2014 9:30 AM PST Click for Updated Lock Advice LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: FLOAT The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.06 point. 30 Day Mortgage Interest Rate Lock or Float Advice: LOCK MARKET INDICATORS FHLMC Average: 30-Yr Fixed Mortgage Rate, up 0.04% to 4.33% on April 24. MBS (4%) - Currently 104.31, High: 104.41, Low: 104.12 DJI Stocks currently $16,514.69, Up $13.04, Change 0.079% Asian & European Stock Market Indexes changed 0.11% Crude Oil (WTI) Currently $102.06 - Change 0.61% Gold 1 Ounce - $1,288.30 MORTGAGE AND REAL ESTATE NEWS March durable goods orders blew the doors off at 8:30 this morning and sent MBS prices lower. Durables were wide...
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