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« The Blues Are Bad For Your Business and Life: Sorry B.B. King | Main | Mortgage Pricing Report - 6/10/2009 »

Mortgage Pricing Report - 6/9/2009

  Cicerone2_2A New Post By The Mortgage Cicerone.
A Guide for Mortgage Professionals.
Read other posts by The Mortgage Cicerone.

If a family member asked my advice and they were scheduled to close on a mortgage purchase or refinance in the time periods indicated below, I would recommend...

1-7 Days

8-20 Days

21-45 Days

46 Days Plus

Locking

Locking

Floating

Floating

Check MBS pricing here.

For current MBS pricing, checkout the "MBS Price Data" chart in the far right column (underneath Subscription & Contact Links).

Other excellent sites providing insightful market commentary:

Important Note: These recommendations to lock or float constitute solely my opinion and are not represented nor should be taken as a guarantee of mortgage rate direction.

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Posted by Tony Gallegos - The Mortgage Cicerone on June 09, 2009 at 04:43 PM |

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