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mortgage interest rates: Tip of The Week - 08/22/09 12:02 AM
Hi, this is Gerard Ladalardo of First Mortgage Corporation right here in beautiful Temecula, California and I’m here with your tip of the week. Ok, I have two great tips for you this week. First tip – Foodio54. That’s right, not Studio 54, but www.Foodio54.com This is a very clever website whether you use it locally or while traveling. On this website you can put in a zip code and what type of food you are looking for whether it is Japanese, Mexican, Pizza, Indian, Barbeque, whatever and it lists all the restaurants within a specified radius that has your specified … (2 comments)
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mortgage interest rates: Mortgage Rates Now Up A Full Percentage From March - 06/10/09 12:27 PM
Mortgage rates have risen a full 1% from March. Putting in question the prospects for a quick recovery to the housing market, the Mortgage Bankers Association reported this morning that loan application activity for the first week of June fell -7.2% compared to the prior week. They also reported that the average rate for a 30-year fixed mortgage rose +0.32% to 5.57%.
This marks the second week in recent months where fixed mortgage rates have exceeded the 5% mark, nearly a full 1% higher than the March bottom of 4.61%, puts them at the highest level since November 2008. Industry experts fear … (0 comments)
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mortgage interest rates: Mortgage Interest Rates Too High? - 06/04/09 02:24 PM
What's going on with homebuyers these days in regards to rates? Today's 30 yr fixed rate is at 5.25% and most people I talk to think that's a terrible rate. Am I missing something here???? I am absolutely astounded that I hear this all day long from clients and potential clients. The news media has spun the hopes of a 4% 30 yr fixed rate out of control - not too mention all the lenders that advertise a reduculously low rate but don't show the 3+ points needed to get that rate!! The public is helplessly misguided consistantly and it only … (0 comments)
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Gerard Ladalardo, CIAS
Temecula,
CA
More about me…
CB International Realty
Address: 43402 Business Park Drive, Temecula, CA, 92590
Office Phone: (760) 805-7947
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