mortgage: Zillow downgrade forces investors to pullback - 09/06/13 01:23 AM
MORTGAGE INTEREST RATE LOCK ADVISORY September 6 2013  :8:00 AM PST  Click for Updated Lock Advice   
LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK
The cost for a 4.00% rate based on Mortgage Backed Securities is up 0.25 point
Rates look like they will continue up for the foreseeable future. Lock on any improvement
30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK 
 
MARKET INDICATORS    
National Average for 30-Yr Fixed Mortgage Rate is up 0.06% to 4.57% on Sept. 5,. MBS (4%) - Currently 102.47, High: 102.47, Low: 101.59 DJI Stocks currently $14,909.30, Down … (1 comments)

mortgage: FHA Provides Help for Borrowers with Major Credit Issues - 08/21/13 05:48 AM
MORTGAGE INTEREST RATE LOCK ADVISORY August 21, 2013  :12:45 PM PST  Click for Updated Lock Advice   
LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK
The cost for a 3.50% rate based on Mortgage Backed Securities is up 0.48 point
Rates opened lower this morning.  Today would be a good day to lock
Rates look like they will continue up for the foreseeable future. Lock on any improvement
30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK 
 
MARKET INDICATORS    
National Average for 30-Yr Fixed Mortgage Rate is unchanged at 4.40% on August 15,. MBS … (4 comments)

mortgage: Escondido FHA and VA Home Mortgage Loans - 08/20/13 06:47 AM
Escondido FHA and VA Home Mortgage Loans
When Shopping for a mortgage in Escondido let Bill Ladewig's Experience be Your Advantage
FHA and VA Home Loan Specialist since 1970 FHA and VA Lender Consultant FHA and VA Mortgage Trainer FHA 203k Rehabilitation Loan Expert Certified CalVet Home Loan Officer In 1970, Bill left his position as a Vons Grocery Company store manager and began his mortgage career.  Beginning as a home loan originator then advanced to Mortgage Company branch manager, Mortgage Company Owner, Mortgage Consultant and Instructor.  Bill began his career in Orange County and in 1985 he moved his mortgage business to Escondido in … (0 comments)

mortgage: FHA Financed a $855,000 Historic Home. - Outside the box Department. - 06/17/13 05:26 AM
We don't usually think about FHA loans for sale prices above conforming loan amounts.  However in this particular instance FHA was the prefect loan for the purchaser of a designated historic San Diego home priced at $855,000.
Actually is was all-together a great transaction.  A nice couple bought the home of their dreams in their perfect neighborhood after suffering a financial disaster three years ago.  A failed business caused a bankruptcy and foreclosure that cost them the previous home they restored and had designated as a San Diego Historic property.
The foreclosure eliminated the family from conventional lending due to that program's required … (2 comments)

mortgage: This Will Make You a Rate Shopping Genius. - 01/26/13 01:29 AM
This will Make You a Rate Shopping Genius.
Mortgage Rate Shopping is not Rocket Science but you should know all the tricks.
Two Rules for Genius Mortgage Rate Shopping
Rule #1  Get it in writing.
Rule #2  Mortgage Rates, Points and Lender Fees are interdependent parts to each rate quote.  When one part is Lowered another part must increase.  A Rate Quote is worthless without all three quoted.
Valuable Mortgage Rate Shopping Tips.
Know your credit score before you begin shopping.  Loan availability and the cost of your loan depend on your credit score.  Most conventional lenders require a minimum 720 mid score, above 80% loan to value, from the three … (31 comments)

mortgage: Existing home sales increase 9.3% in August - 09/19/12 11:43 PM
DailyMORTGAGE LOCK ADVISORY 
September 20, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT Mortgage Points based on 3.0% Mortgage Backed Securities are down 0.21 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.55% MBS (3.5%) - 104.66, High: 104.7, Low: 104.45   DJI Stocks currently $13,537.31,  Down $-40.65, Change -0.3%   Asian & European Stock Market Indexes Down -1.469%   Nymex Crude Oil Currently $91.42 Down $0.56   Gold 1 Once - $1,762.97 
 
MORTGAGE NEWS BRIEFS  
Existing home sales increase 9.3% in … (1 comments)

mortgage: Mortgage Applications Steady as Average Rates Reach Historic Lows - 09/18/12 11:51 PM
DailyMORTGAGE LOCK ADVISORY 
September 19, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT Mortgage Points based on 3.0% Mortgage Backed Securities are down 0.31 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.55% MBS (3.5%) - 104.44, High: 104.44, Low: 104.13   DJI Stocks currently $13,572.46,  Up $7.82, Change 0.058%   Asian & European Stock Market Indexes Up 0.465%   Nymex Crude Oil Currently $94.57 Down $0.72   Gold 1 Once - $1,772.06 
 
MORTGAGE NEWS BRIEFS  
Mortgage Applications Steady as Average Rates … (0 comments)

mortgage: New Fannie Guidelines Allow Verification of Assets in Lieu of Income - 09/16/12 11:47 PM
DailyMORTGAGE LOCK ADVISORY 
September 17, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: LOCK Mortgage Points based on 3.0% Mortgage Backed Securities are up 0.10 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
MBS (3.5%) - 104.07, High: 104.23, Low: 103.97   DJI Stocks currently $13,583.15,  Down $-10.22, Change -0.075%   Asian & European Stock Market Indexes Down -0.117%   Nymex Crude Oil Currently $99.07 Up $0.07   Gold 1 Once - $1,771.10 
 
MORTGAGE NEWS BRIEFS  
New Fannie Mae Guidelines Allow Verification of Assets in Lieu of Income … (3 comments)

mortgage: Congress Gets Bill Prohibiting Eminent Domain Mortgage Seizures - 09/13/12 11:59 PM
DailyMORTGAGE LOCK ADVISORY 
September 14, 2012, 7:00 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT Mortgage Points based on 3.0% Mortgage Backed Securities are up 0.06 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.55% MBS (3.5%) - 104.52, High: 104.69, Low: 104.22   DJI Stocks currently $13,604.66,  Up $64.8, Change 0.476%   Asian & European Stock Market Indexes Up 1.828%   Nymex Crude Oil Currently $99.37 Up $1.06   Gold 1 Once - $1,772.40  
 
MORTGAGE NEWS BRIEFS  
Congress Gets Bill Prohibiting Eminent Domain … (1 comments)

mortgage: Voters, Clueless about Fiscal Cliff, In for a Shock - 09/13/12 12:03 AM
DailyMORTGAGE LOCK ADVISORY 
September 13, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT Mortgage Points based on 3.0% Mortgage Backed Securities are down 0.17 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.55% MBS (3.5%) - 103.42, High: 104.56, Low: 103.25   DJI Stocks currently $13,334.44,  Up $1.09, Change 0.008%   Asian & European Stock Market Indexes Down -0.503%   Nymex Crude Oil Currently $98.41 Up $1.40   Gold 1 Once - $1,729.80  
 
MORTGAGE NEWS BRIEFS  
Voters, Clueless about Fiscal Cliff, In … (2 comments)

mortgage: Mortgage Rates Flat To Slightly Higher Ahead Of Week's Major Events - 09/11/12 11:46 PM
DailyMORTGAGE LOCK ADVISORY 
September 12, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT Mortgage Points based on 3.0% Mortgage Backed Securities are up 0.15 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.55% MBS (3.5%) - 103.19, High: 104.35, Low: 103.16   DJI Stocks currently $13,362.61,  Up $39.25, Change 0.294%   Asian & European Stock Market Indexes Up 0.772%   Nymex Crude Oil Currently $97.14 Down $0.03   Gold 1 Once - $1,739.10   
 
MORTGAGE NEWS BRIEFS  
Mortgage Rates Flat To Slightly Higher … (0 comments)

mortgage: Rethinking Adjustable-Rate Mortgages - 09/10/12 11:44 PM
DailyMORTGAGE LOCK ADVISORY 
September 11, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT Mortgage Points based on 3.0% Mortgage Backed Securities are up 0.10 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.55% MBS (3.5%) - 103.64, High: 104.75, Low: 103.59   DJI Stocks currently $13,288.43,  Up $34.14, Change 0.257%   Asian & European Stock Market Indexes Down -0.327%   Nymex Crude Oil Currently $96.67 Up $0.13   Gold 1 Once - $1,736.10 
 
MORTGAGE NEWS BRIEFS  
Rethinking Adjustable-Rate Mortgages By:Kirk Haverkamp MortgageLoan.com … (2 comments)

mortgage: Mortgage debt relief may bring new pain: a tax bill - 09/09/12 11:55 PM
DailyMORTGAGE LOCK ADVISORY 
September 10, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT Mortgage Points based on 3.0% Mortgage Backed Securities are down 0.06 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.55% MBS (3.5%) - 103.75, High: 104.77, Low: 103.63   DJI Stocks currently $13,280.47,  Down $-26.17, Change -0.197%   Asian & European Stock Market Indexes Down -0.42%   Nymex Crude Oil Currently $95.65 Down $0.77   Gold 1 Once - $1,729.96
 
MORTGAGE NEWS BRIEFS  
Mortgage debt relief may bring new … (0 comments)

mortgage: The Day Ahead: After Weeks of Waiting, Things Get Serious - 09/05/12 11:38 PM
DailyMORTGAGE LOCK ADVISORY 
September 6, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: LOCK. Mortgage Points based on 3.0% Mortgage Backed Securities are up 0.34 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.59% MBS (3.5%) - 103.34, High: 102.69, Low: 103.34   DJI Stocks currently $13,116.51,  Up $69.03, Change 0.526%   Asian & European Stock Market Indexes Up 0.982%   Nymex Crude Oil Currently $96.20 Up $0.84   Gold 1 Once - $1,705.10 
MORTGAGE NEWS BRIEFS   
The Day Ahead: After Weeks of … (0 comments)

mortgage: Mortgage Rates Move Lower, Closer To Historic Lows - 09/04/12 11:54 PM
DailyMORTGAGE LOCK ADVISORY 
September 5, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT. Mortgage Points based on 3.0% Mortgage Backed Securities are up 0.04 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
  National Average Fixed Rate Mortgage 3.66% MBS (3.5%) - 103.68, High: 102.77, Low: 103.66   DJI Stocks currently $13,046.55,  Up $10.61, Change 0.081%   Asian & European Stock Market Indexes Up 0.177%   Nymex Crude Oil Currently $95.57 Up $0.27   Gold 1 Once - $1,693.10     MORTGAGE NEWS BRIEFS   
Mortgage Rates Move Lower, Closer … (0 comments)

mortgage: Distressed Sales Continued to Decline in Market Share - 09/03/12 11:50 PM
DailyMORTGAGE LOCK ADVISORY 
September 4, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT. Mortgage Points based on 3.0% Mortgage Backed Securities are up 0.10 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.66% MBS (3.5%) - 103.71, High: 102.84, Low: 103.66   DJI Stocks currently $13,055.80,  Down $-35.04, Change -0.268%   Asian & European Stock Market Indexes Up 0.046%   Nymex Crude Oil Currently $96.64 Up $0.17   Gold 1 Once - $1,690.89          MORTGAGE NEWS BRIEFS 
 
Distressed Sales Continued to Decline in … (1 comments)

mortgage: Five Questions: Will I Owe Taxes on Forgiven Mortgage Debt?. - 08/30/12 11:51 PM
DailyMORTGAGE LOCK ADVISORY 
August 31, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT. Mortgage Points based on 3.0% Mortgage Backed Securities are up 0.03 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.66% MBS (3.5%) - 103.28, High: 102.31, Low: 103.28   DJI Stocks currently $13,088.71,  Up $88, Change 0.672%   Asian & European Stock Market Indexes Up 0.753%   Nymex Crude Oil Currently $96.32 Up $1.70   Gold 1 Once - $1,661.40          MORTGAGE NEWS BRIEFS 
 
Five Questions: Will I Owe Taxes on … (2 comments)

mortgage: Why you shouldn't pay down your mortgage faster - 08/29/12 11:46 PM
DailyMORTGAGE LOCK ADVISORY 
August 30, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT. Mortgage Points based on 3.0% Mortgage Backed Securities are down 0.18 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.66% MBS (3.5%) - 103.3, High: 102.3, Low: 103.09   DJI Stocks currently $13,029.36,  Down $-78.12, Change -0.6%   Asian & European Stock Market Indexes Down -0.523%   Nymex Crude Oil Currently $95.22 Down $0.27   Gold 1 Once - $1,661.75          MORTGAGE NEWS BRIEFS 
 
Why you shouldn't pay down your mortgage … (1 comments)

mortgage: US taxpayers bail out CA homeowners, as banks fail to pay their share - 08/28/12 11:52 PM
DailyMORTGAGE LOCK ADVISORY 
August 29, 2012, 6:45 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT. Mortgage Points based on 3.0% Mortgage Backed Securities are up 0.06 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.66% MBS (3.5%) - 103.25, High: 102.34, Low: 103.25   DJI Stocks currently $13,119.67,  Up $16.68, Change 0.127%   Asian & European Stock Market Indexes Up 0.056%   Nymex Crude Oil Currently $96.03 Down $0.30   Gold 1 Once - $1,666.20           MORTGAGE NEWS BRIEFS 
 
US taxpayers bail out California homeowners, as … (0 comments)

mortgage: Mortgage Rates Unchanged To Slightly Higher To Begin The Week - 08/28/12 12:12 AM
DailyMORTGAGE LOCK ADVISORY 
August 28, 2012, 7:00 AM PST
Click for Lock Advice Updated Several Times Daily
      
7 day Mortgage Interest Rate lock or Float Advice: FLOAT. Mortgage Points based on 3.0% Mortgage Backed Securities are down 0.12 point.  30 Day Mortgage Interest Rate Lock or Float Advice: FLOAT.  
MORTGAGE MARKET INDICATORS
National Average Fixed Rate Mortgage 3.62% MBS (3.5%) - 103.34, High: 102.39, Low: 103.22   DJI Stocks currently $13,096.95,  Down $-27.72, Change -0.212%   Asian & European Stock Market Indexes Down -0.668%   Nymex Crude Oil Currently $95.94 Up $0.47   Gold 1 Once - $1,664.00          MORTGAGE NEWS BRIEFS 
 
Mortgage Rates Unchanged To Slightly Higher To Begin … (2 comments)

 
Bill Ladewig, Experience Is Your Advantage (LoanOfficerSchool.com)

Bill Ladewig

Experience Is Your Advantage

Escondido, CA

More about me…

LoanOfficerSchool.com

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

Office: (866) 204-9733

Mobile: (760) 685-0480

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