MORTGAGE LOCK ADVISORY

February 22, 2012, 6:30 AM PST

Click for Lock Advice Updated Several Times Daily

Mortgage Interest Rate lock Advice for locks within 8 days: LOCK

Mortgage Points based on 3.5% Mortgage Backed Securities are up 0.09.

30 Day Mortgage Interest Rate Lock or Float Advice: LOCK

MORTGAGE MARKET INDICATORS

National Average Fixed Rate Mortgage 3.87%
MBS (3.5%) - 103.06, High: 103.06, Low: 102.97
DJI Stocks currently $12,955.40, Down $-10.29, Change -0.079%
Asian & European Stock Market Indexes Down -0.107%
Nymex Crude Oil Currently $106.00 Down $0.25
Gold 1 Once - Bid: 1,752.50

MORTGAGE NEWS BRIEFS

FHFA Proposes Remaking Secondary Mortgage Market
The federal agency responsible for Fannie Mae and Freddie Mac released a proposal Tuesday that calls for lawmakers to gradually wean the GSEs off taxpayer funds and stand up a new secondary market, >> Read More MReport

FHA 203k Renovation Loans - All You Need To Know - Nine Minute Video

Provide Your Clients With Options - Energy Efficient Mortgages - 4 Minute Video

Bill Ladewig

bill@Mortgage-Mentor.com