Tuesday, February 14, 2012 - Article by: Bill Ladewig - Mortgage Mentor -
MORTGAGE LOCK ADVISORY
February 14, 2012, 6:30 AM PST
Click for Lock Advice Updated Several Times Daily
Mortgage Interest Rate lock Advice for locks within 8 days: FLOAT
Mortgage Points based on 3.5% Mortgage Backed Securities are down 0.10.
30 Day Mortgage Interest Rate Lock or Float Advice: LOCK
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.87%
MBS (3.5%) - 103.47, High: 103.48, Low: 103.29
DJI Stocks currently $12,809.25, Down $-81.21, Change -0.634%
Asian & European Stock Market Indexes Down -1.17%
Nymex Crude Oil Currently $97.62 Down $2.22
Gold 1 Once - Bid: 1,711.70
MORTGAGE NEWS BRIEFS
B of A Settles Allegations of Mortgage Fraud for $1B
Bank of America has agreed to pay $1 billion to settle allegations of underwriting and origination mortgage fraud, U.S. Attorney Loretta Lynch said in a recent statement.
>> Read More MReport
Mortgage Applications Up 7.5%
Mortgage applications increased 7.5% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) weekly mortgage applications survey for the week ending Feb. 3. >>Read More Mortgage Orb
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Provide Your Clients With Options - Energy Efficient Mortgages - 4 Minute Video
Education is Consumer's Only Real Protection.
Bill Ladewig
800.664.7283 (SAVE)
Bill@YourFhaGuru.com
Bill Ladewig is a Mortgage Broker Licensed by the California Department of Real Estate 00968137
NMLS #291249
San Diego FHA and VA Home Loans Escondido Mortgages Escondido Localism San Diego FHA and VA Home Loans San Diego Localism San Diego UFMIP Escondido Mortgages Escondido Localism San Diego Mortgage Ultimate Mortgage Calculator
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