MORTGAGE INTEREST RATE LOCK ADVISORY
July 8, 2014 8:00 AM PST
LOCK ADVISORY
7 Day Close Mortgage Interest Rate lock or Float Advice: FLOAT
- The price for 3.50% Mortgage Loans based on MBS is currently Down 0.23 point.
Close Mortgage Interest Rate Lock or Float Advice: LOCK
MORTGAGE MARKET INDICATORS
- FHLMC Average: 30-Yr Fixed Mortgage Rate, down 0.02% to 4.12% on July 3.
- MBS (3.5%) - Currently 102.3, High: 102.39, Low: 102.08
- DJI Stocks currently $16,915.00, Down $109.21, Change -0.646%
- Asian & European Stock Market Indexes changed -1.353%
- Crude Oil (WTI) Currently $103.53 - Change 0%
- Gold 1 Ounce - $1,315.15
MORTGAGE AND REAL ESTATE NEWS
After all, there are still a slew of homeowners displaced by a foreclosure, short sale or bankruptcy, who mostly won't be able to get a loan for a number of years due to tight credit market restrictions.
So landlording can be a profitable endeavor, but more in some areas than in others.
Where? >>Read More HousingWire
These are the 20 best and 20 worst markets for being a landlord
RealtyTrac heat map shows where returns are fat and thin
After all, there are still a slew of homeowners displaced by a foreclosure, short sale or bankruptcy, who mostly won't be able to get a loan for a number of years due to tight credit market restrictions.
So landlording can be a profitable endeavor, but more in some areas than in others.
Where? >>Read More HousingWire
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