Weekend Home Mortgage Rate Update for 7/28/2012

Real Estate Agent with Premier Agent Network

Here is the weekend mortgage rate update for all my loyal readers.  We are seeing an upswing in buyers and a decrease in inventory.  Prices are starting to rise in San Luis Obispo County.  The only market that is still short is the high end market, but we are seeing more wealthy buyers from out of the area coming in with cash!  You got to love that!  Never have too many wealth residence!

Visit my web site at www.myslohomefinder.com for all your real estate interests in San Luis Obispo, Arroyo Grande, Pismo Beach, Avila Beach, Shell Beach, Morro Bay, Grover Beach, Nipomo, Los Osos, Cambria, Cayucos, Paso Robles, Templeton and Atascadero.

Today: No Data
Tuesday: No Data

Wednesday: New home sales, Prior369K, Forecast 370K
Thursday: Durable goods orders, Prior 1.1%, Forecast 0.6%, Initial jobless claims, Prior386K, Forecast 380K, Pending Home Sales Index, Prior 5.9%, Forecast 0.9%
Friday: Real GDP, Prior 1.9%, Forecast 1.2%
Dow is trading at 12,667 -154.06, the 10 yr bond is at 1.43 % from 1.47% Friday, . Currently mortgages are better from Friday

Conv. - 3.5%
FHA. - 3.375%     
Make it a Great Week!!
Bob Franklin
Mortgage Consultant
NMLSR ID 248760
Wells Fargo Home Mortgage  |  575 Price St, Suite 105  |  Pismo Beach, CA  93449
MAC E2396-011
Tel (805) 550-3395  |  Fax (877) 609-0926

San Luis Obispo Fine Homes


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Mike Hendrickson

Fine Homes, Short sales, excellent client services
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