MORTGAGE INTEREST RATE LOCK ADVISORY
June 19, 2013  2:30 PM PST 
Click for Updated Lock Advice

  

7 Day Mortgage Interest Rate lock or Float Advice: LOCK
The cost for a 3.50% mortgage based on Mortgage Backed Securities closed up 1.20 points. During the day most lenders repriced for worse 
 
30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK
    
MARKET INDICATORS   
30-Yr Fixed Mortgage Rate rose to 3.98% on June 13, up 0.07%
MBS (3%) Current 102.08, High: 103.42, Low: 102.05
DJI Stocks closed at $15,112.19,  Down $-206.04, Change -1.363%
Asian & European Stock Market Indexes changed -5.64%
Crude Oil (WTI) Currently $97.99 - Change -0.46%
Gold 1 Once - $1,361.78

  

MORTGAGE NEWS        
WEDNESDAY AFTERNOON UPDATE:
By Al Bowman
Well, today's Fed events went as planned for the most part but we are not seeing the reaction in the bond market or result that was expected. In fact, what we are seeing doesn't really make much sense. Ugly is one word we could use to describe it although many others could apply. And causing further confusion is the fact that stocks did react to the news just as we thought they would.>> Read More at Realtor.com
 
Buying Cheaper Than Renting Til Mortgage Rates Hit 10.5% 
Best Time to Buy cheaper than rentingBy Jed Kolko, Chief Economist - The recent rise in mortgage rates has made buying a house a little more expensive: the increase in the 30-year fixed rate over the past month from 3.4% to 3.9% (Freddie Mac) raised the monthly payment on a $200,000 mortgage by $56, or 6%. However, because mortgage rates are still near long-term lows, and because prices fell so much after the housing bubble burst and remain low relative to rents even after recent price increases, buying is still much cheaper than renting. That means that the recent jump in rates doesn't change the rent-versus-buy math much. >
 


Buying Cheaper Than Renting Til Mortgage Rates Hit 10. 5%
06/19/2013
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MORTGAGE INTEREST RATE LOCK ADVISORY June 19, 2013 2:30 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3. 50% mortgage based on Mortgage Backed Securities closed up 1. 20 points.. more
Lawsuit: BofA Lied To Homeowners Seeking Loan Modifications
06/18/2013
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MORTGAGE INTEREST RATE LOCK ADVISORY June 18, 2013 2:30 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3. 50% mortgage based on Mortgage Backed Securities are down 0. 01 point.. more
The Week of June 17, 2013 in Mortgage Land
06/17/2013
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MORTGAGE INTEREST RATE LOCK ADVISORY June 17, 2013 2:30 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3. 50% mortgage based on Mortgage Backed Securities closed up 0. 28 point… more
Rates Knock on the Four Percent Door
06/15/2013
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MORTGAGE INTEREST RATE LOCK ADVISORY June 14, 2013 4:00 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3. 50% mortgage based on Mortgage Backed Securities closed down 0. 14… more
Nearly 850, 000 Homes Return to Positive Equity in Q1
06/13/2013
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MORTGAGE INTEREST RATE LOCK ADVISORY June 13, 2013 3:30 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3. 50% mortgage based on Mortgage Backed Securities closed down 0. 59… more
Bidding Wars Ease in May as Inventory Rises
06/12/2013
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MORTGAGE INTEREST RATE LOCK ADVISORY June 12, 2013 7:00 AM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3. 50% mortgage based on Mortgage Backed Securities increased 0. 09 point.. more
Optimism Toward Buying, Selling Reaches Record Highs
06/11/2013
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MORTGAGE INTEREST RATE LOCK ADVISORY June 11, 2013 3:00 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3. 50% mortgage based on Mortgage Backed Securities closed down o. 09… more
Escondido - Fha Approved Condominiums
06/11/2013
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NORTH SAN DIEGO COUNTY FHA APPROVED CONDOMINIUMS Due to a change in the FHA approval process, approval on most previously approved condominiums has expired. This list below is effective for North San Diego County condominiums as of January 15… more
The Coming week in Mortgage Land
06/10/2013
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MORTGAGE INTEREST RATE LOCK ADVISORY June 10, 2013 1:00 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3. 50% mortgage based on Mortgage Backed Securities decreased 0. 08… more
 
Bill Ladewig Your FHA Guru - FHA and VA Loans Since 1970 Rainmaker_large

Bill Ladewig Your FHA Guru - FHA and VA Loans Since 1970

Escondido, CA

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Address: San Diego, Escondido, Vista, San Marcos, Oceanside, Rancho Bernardo, Poway, Scripps Ranch, Penasquitos, Shadowridge, Rancho Del Oro, Escondido, CA, 92025

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