first time homebuyer loans in san diego: Mortgage Rate Update 3-14-2016: Trends & Projections - 03/14/16 06:13 AM

 
Despite no significant economic data to report, the market opened nicely today for mortgage rates.
Compared to Friday's closing, the market has opened with a 0.125 - 0.250 improvement to the Points/Credits associated with any given interest rate option (but we are trending in the wrong direction early).
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Professionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever … (1 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 2-22-2016: Trends & Projections - 02/22/16 03:33 AM
Despite an early rally in stocks, it has been a relatively quiet morning thus far for Mortgage Backed Securities. No economic data will be released today, so all signs point to a relatively flat afternoon.
Compared to Tuesday's closing, the market has opened with a 0.125 worsening to the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Professionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-26-2016: Trends & Projections - 01/26/16 12:35 AM
Quiet morning thus far for Mortgage Backed Security pricing...the Dow is up roughly 240 points.  Report on Consumer Confidence came in higher than expected. Fed Meeting tomorrow.
Compared to Monday's closing, the market has opened with a 0.000 change to the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Professionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 9-22-2015: Trends & Projections - 09/22/15 01:48 AM
Stocks are starting the day sharply lower, reacting to news showing a negative outlook on Chinese Banks. 
Compared to Monday's closing, the market has opened with a 0.125 IMPROVEMENT to the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Professionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 12-2-14: Trends & Projections - 12/02/14 02:23 AM
At the end of last week, Mortgage Backed Security (MBS) prices rallied to the best closing levels of the year on very light volume. The move appears to have been overdone, and MBS have begun this week by giving back Friday's gains. Construction Spending came in higher than expected and the biggest gain in the past 5 months.
Compared to yesterday's closing, the market has opened with a 0.125 worsening to the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are … (1 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 10-9-14: Trends & Projections - 10/09/14 01:20 AM
This morning, the weekly Jobless Claims report came in at 287K, below the consensus prediction of 295K.  Jobless Claims remain near the lowest levels since 2006. No more economic data will be released today.
Compared to yesterday's closing, the market has opened with a 0.125% WORSENING to the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and … (2 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 10-7-14: Trends & Projections - 10/07/14 05:31 AM
A decline in stocks has lifted Mortgage Backed Securities this morning.  Invevstors are concerned about the pace of global economic growth, particularly in Europe.  The JOLTS report came in just above expectations, and no further economic data wil be released today.
Compared to Friday's closing, the market has opened with a 0.125 - 0.250 IMPROVEMENT for the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any … (1 comments)

first time homebuyer loans in san diego: Understanding San Diego Property Taxes - 09/23/14 03:24 AM
 

Understanding San Diego Property Taxes can oftentimes be difficult...especially with all of the incorrect information floating around cyberspace.  The following information is taken directly from the San Diego County Treasurer website in an effort to help you understand the facts about San Diego Property Taxes. After all, we tend to make better decisions in life when they are based on facts rather than assumptions.
The table below will demonstrate the economic context which follows the flow of the money collected regarding your San Diego Property Taxes.  As you can see, each individual parcel of land acts as a revenue … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 9-22-14: Trends & Projections - 09/19/14 02:16 AM
Existing Home Sales came in slightly below the consensus. No further economic data will be released today.
Compared to Friday's closing, the market has opened with a 0.125 - 0.250 IMPROVEMENT for the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make … (2 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 8-13-14: Trends & Projections - 08/13/14 03:52 AM
Weaker than expected economic data has lifted Mortgage Backed Securities this morning.  July Retail Sales were flat from June, below the consensus for an increase of 0.2%.  Retail Sales ex-autos also fell short of expectations.  
Compared to yesterday's closing, the market has opened with a 0.125 -% - 0.250% IMPROVEMENT for the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to … (2 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 7-24-14: Trends & Projections - 07/24/14 04:27 AM
We are amidst a volatile morning thus far today.  Jobless claims came in below expectations (their lowest level since February, 2006).  Mortgage Backed Securities declined immediately upon discovery of this news. New Home Sales also came in below expectations.  
The market has opened roughly 0.125 - 0.250 WORSE for the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the … (1 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 6-30-14: Trends & Projections - 06/30/14 01:26 AM
After a down day on Friday, Mortgage Backed Securities rallied, then lost their gains after stronger than expected Chicago PMI and Pending Home Sales data.
The market has opened roughly 0.125 WORSE for the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 6-24-14: Trends & Projections - 06/24/14 01:15 AM
Stronger than expected New Home Sales and Consumer Confidence data has hurt Mortgage Backed Securities, reducing this morning's gains (after a pretty brutal day yesterday). The April Case-Shiller 20 City Home Price Index showed that home prices were 11% higher than this time last year.
The market has opened roughly 0.125 WORSE for the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 6-23-14: Trends & Projections - 06/23/14 12:31 AM
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below.
Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 6-9-14: Trends & Projections - 06/09/14 02:44 AM
Although no economic data will be released today, the market has opened in negative territory after Friday's rough closing.
Pricing has opened 0.250 WORSE to the points/credits associated with each interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick … (2 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 2-12-14: Trends & Projections - 02/12/14 02:14 AM

Tuesday was an extremely turbulent day for mortgage rates, which ultimately finished with inferior pricing. No major economic news is expected today. Pricing has opened 0.125 - 0.250 WORSE to the points/credits associated with each interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 2-10-14: Trends & Projections - 02/10/14 02:15 AM
No major economic news is expected today, although we begin the week with a slight improvement. Pricing has opened 0.125 BETTER to the points/credits associated with each interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How … (2 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 2-6-14: Trends & Projections - 02/06/14 05:59 AM
After declines yesterday, it has been a quiet morning ahead of tomorrow's Employment report. Weekly Jobless Claims dropped to 331K, which was very close to expectations. Fourth quarter Productivity rose to 3.2%, above the consensus of 2.5%. The December Trade Deficit was larger than expected. The European Central Bank (ECB) made no change in rates. The Dow is up 150 points. No more economic data will be released today. 
As a result of the above economic activity, pricing has opened 0.125 / 0.250 WORSE to the points/credits associated with each interest rate option.
This daily mortgage interest rate report is designed … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-31-14: Trends & Projections - 01/31/14 02:48 AM
A decline in stocks has lifted Mortgage Backed Securities this mornng after a great day yesterday. Today's economic data had little impact. December Core PCE Inflation increased 0.1% from November, matching the consensus, and it was just 1.2% higher than one year ago. Personal Income was flat, which was a little below the consensus.  Chicago PMI declined to 59.5, matching expectations. Consumer sentiment also came in higher than expected. Today is Ben Bernanke's last day as a member of the Fed. Janet Yellen will now take over as Fed Chair, and she is expected to maintain similar policies.
As a result … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-29-14: Trends & Projections - 01/29/14 03:56 AM
 
 
Ahead of today's Fed announcement, the emerging markets have stolen the spotlight. The combination of slower growth in China and reduced Fed bond purchases could lead to trouble for emerging markets such as Turkey and South Africa, and these concerns have dragged down global stock markets. Investors have shifted to relatively safer assets, including MBS. The Dow is down 110 points. No economic data will be released today.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling … (5 comments)

 
Jason E. Gordon, Sr. Mortgage Loan Officer, CMPS, CDPE, CMHS (AmeriFirst Financial Inc, San Diego, CA) Rainmaker large

Jason E. Gordon

Sr. Mortgage Loan Officer, CMPS, CDPE, CMHS

San Diego, CA

More about me…

AmeriFirst Financial Inc, San Diego, CA

Address: 12544 High Bluff Drive, Ste. 100, San Diego, CA, 92130

Office: (858) 461-7007

Mobile: (619) 200-8031

Email Me

Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon Blog Google+


Listings

Links

Archives

RSS 2.0 Feed for this blog