Special offer

Six New Markets Rebound Fully in February

By
Mortgage and Lending with LoanOfficerSchool.com NMLS 291249

MORTGAGE INTEREST RATE LOCK ADVISORY

April 28, 2014 7:45 AM PST 

  

LOCK ADVISORY

7 Day Mortgage Interest Rate lock or Float Advice: LOCK

The cost for a 4.00% rate based on Mortgage Backed Securities is up 0.10 point.

30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK 

 

MARKET INDICATORS    

  • FHLMC Average: 30-Yr Fixed Mortgage Rate, up 0.04% to 4.33% on April 24.
  • MBS (4%) - Currently 104.44, High: 104.61, Low: 104.41
  • DJI Stocks currently $16,489.13, Up $127.67, Change 0.774%
  • Asian & European Stock Market Indexes changed 0.211%
  • Crude Oil (WTI) Currently $100.73 - Change 0.13%
  • Gold 1 Ounce - $1,293.97  
MORTGAGE AND REAL ESTATE NEWS 
  
Six New Markets Rebound Fully in February 
By: Tory Barringer -  Markets around the nation that have seen home values recover fully rose by six in February, according to data from Homes.com.

The company's February Local Market Index, released Wednesday, shows annual home value gains in all 300 of the country's top markets. For the ninth straight month, California dominate the list of the top 10 markets, with Los Angeles leading the way at an appreciation rate of 25.8 percent over the last year. >>Read More MReport
.

Comments (1)

Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Hi Bill, Great source of information. Locking before rates and prices go up are important if you want to save in the long term. Have a great day.

Apr 28, 2014 12:59 AM