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daily mortgage update: Daily Mortgage Update: June 6, 2008 - 06/06/08 07:43 AM
Note: this post is part of a continuing series that I host on my outside blog here. Feel free to visit and leave me your thoughts... Jobless Claims came in yesterday lower than expected; this is typically bad for interest rates. Just have a look...today's 30-year fixed rate mortgage sits at 6.25% here in Los Angeles. That's up from 5.99% just about a week ago. The rest of the news on tap for today is the Employment Situation. Typically, the lower the number here, the better your Los Angeles mortgage rates. See, non-farm payroll employment tracks the number of paid
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daily mortgage update: Soulda, Coulda, Woulda - 01/26/08 03:15 AM
Do you ever stop and think it's just one of those days...I shoulda put gas in the car last night. Now it's early, there's traffic, and I'm gonna be late to work. Uuggghh!!!I shoulda bought milk and creamer from the grocery store, now I'm drinking my coffee black! Eew.. blagh... If you've been reading the Daily Mortgage Updates over on The Industry Report, you know that rates dipped to a low of 4.875 - 5% on a conforming 30-year fixed rate mortgage early Wednesday morning! But the low was short-lived! It was a literally a (4) four to (5) five
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daily mortgage update: Daily Mortgage Update: January 24, 2008 - 01/24/08 08:40 AM
The Dow closed at 299 yesterday, up from a 300 loss. Remember what I told you about the Economics of Interest Rates? More money in Bonds translates into lower interest rates! Well, we're seeing a slight movement back into Stocks translating into a deterioration in mortgage rates. As such, we experienced quite a bit of mortgage re-pricing with the trend in the upward direction! Yesterday's Lows: 5.00% (5.131% APR) 30-Year Fixed Rate Mortgage(80% LTV & Conforming Loan Amount)Jumbo Mortgage Rates: 5.99% (6.111% APR) 30-Year Fixed Rate Mortgage(80% LTV | Loan amounts $417,000 to $650,000) Contact me for pricing on loan
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Ricardo Bueno
Los Angeles,
CA
More about me
Diverse Solutions
Office Phone: (877) 348-7654
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I work for Diverse Solutions, Inc. a real estate technology firm based in Irvine, CA. We offer Mapping IDX Solutions and a WordPress IDX Plugin to make real estate agents more successful. Overall, I'm passionate about marketing and technology for the real estate industry!
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