Morningside (Santee, CA)
By Bill Ladewig, Experience Is Your Advantage
RATE LOCK ADVISORY August 24 , 2009,  11:30 AM PST Rate Lock Advice:  FLOATFavorable midmorning repricing is possible from investors that priced early . MBS prices are up +10/32, above 9:45 AM ET initial pricing of -6/32. If you received pricing before 10:00 AM ET, then you have a chance of improved pricing. RATE NOTES:When MBS prices are up, yields (rates) are down.Lock advice can change throughout the day .Good economic news is Bad news for Rates. National Average Fixed Rate Mortgage UP 0.02% at 5.24% on Aug.24 Fannie Mae Mortgage Backed SecuritiesMBS Opened at 4.924% Up 0.095%. 10 Year Treasury currently 3.490% Down -0.07% DJI stocks 9,516.39, Up 10.43, 0.11% European and Asian Markets Up 1.769% Nymex Crude Oil currently $73.68 Up $0.22 No economic Data will be released today. WORRIE...
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Santee, CA Real Estate Professionals