Mortgages Unlimited, Minnesota Wisconsin
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Weekly Mortgage Market UPDATE

Last updated:
Tuesday, March 09, 2010 08:28 AM

In our opinion, we believe the following lock or float policy my be prudent based on your anticipated closing date.

Under 7 days: LOCK
8 - 20 days: LOCK
21- 60 days:  LOCK
Over 60 days: FLOAT

View our FULL
Daily Rate Lock Advisory Report

LOCK = Good chance of rates going higher
FLOAT = Good chance of rates staying stable, or even dropping

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LAST WEEKS National Average Mortgage Rates WITH POINTS
 As compiled and reported by: Freddie Mac

For Week Ending: 03/04/2010
Mortgage Rate Points
30 Year Fixed 4.97 0.70
15 Year Fixed 4.33 0.70
5 Year Adjustable 4.11 0.60
1 Year Adjustable 4.27 0.60

IMPORTANT: Don't automatically trust lender paid web sites like Bankrate.com and Interest.com for accurate rate information. It is very biased information. Rates are uploaded to the sites directly by lenders who PAY to post rates. Rates there are designed to capture your attention with little to no regards to being factual or applying to your exact personal situation.

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Current Market Direction:

 Rates are: Moving higher
 Volatility is: Medium
 Short Trend is (1-2 weeks): UP
 Long Trend is (4-6 weeks): UP

Stable indicates rates likely to remain within  +/- 0.25%

 More Market Info

* Key Index & Rates
* Economic Calendar

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33 Wentworth Ave E - Suite 290
West Saint Paul, MN 55118

(651) 552-3681  

Member in Good Standings, National Association of Mortgage Brokers Read our weekly Mortgage Market review Minneapolis / Saint Paul Business Journal has recognized Mortgages Unlimited as one of the top 25 locally owned mortgage lenders in Minnesota. Who are you thinking of doing business with? Top Mortgage Lenders in Minneapolis St Paul MN Member in Good Standings, Minnesota Mortgage Association

Our services available only for properties located in Minnesota and Wisconsin. PLEASE DO NOT KEEP US A SECRET from your FRIENDS. Licensed as Mortgages Unlimited, Inc. As a Lenders One partner, we are part of the 3rd Largest Retail Mortgage Originators in the country. We are consistently ranked as one of the top mortgage lenders in Minnesota by Minneapolis St Paul Business Journal. Any use or duplication of any materials is  strictly prohibited.  All images, text, and materials Copyright © 1998-2010. Metzler Enterprises, LLC. All Rights Reserved.

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