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Friday's Mortgage Rate Update 4/19/13 Rates Are Holding Steady!!!

By
Real Estate Agent with Premier Agent Network

Rates are the same as yesterday.  There are two economic views out there.  One is that we are entering a worldwide slow down in the economy, with the U.S. actually pulling out of the downturn.  The other point of view is that we will see the economy improve due to all the money that is being thrown into the world economies by governments.  We will have to wait and see what is happening.  I know that our Central Coast real estate is HOT, and many buyers are not able to find a home.

Go to my web site at www.myslohomefinder.com for all your searches in Atascadero, Paso Robles, Templeton, San Luis Obispo, Arroyo Grande, Pismo Beach, Grover Beach, Nipomo, and Oceano California.

 

The Day Ahead: No Economic Data

 

 

 

 

 

Dow is trading at 14,494-43.28the 10 yr bond is at 1.70 from 1.70 Yesterday, . Currently mortgages are unchanged from Yesterday

 

 

 

Conv. - 3.375%

 

FHA. - 3.25%
 
Average - 3.41%
 
Last year - 3.9%

 

 

 

Have a super weekend!!!
 
 
Travis Hill
Roanoke, TX
Premier Inspections

I have noticed the same here in North Texas. The supply is falling short. Nice houses are selling in days.

Apr 19, 2013 04:02 AM
Mike Hendrickson
Premier Agent Network - San Luis Obispo, CA
Fine Homes, Short sales, excellent client services

Happy to hear that!  Here the lower and moderate are doing well.  The multi-million are selling better, but not hot.

Thanks for the comments.

Apr 19, 2013 04:06 AM