san diego mortgage rates: Mortgage Rates - 2 Year, 3 Month, & 1 Month Trends - 01/28/19 10:51 AM
 
With so much noise on the airwaves, it is difficult for a potential Borrower (and/or a Professional who assists potential Borrowers) to know what is really going on with Mortgage Rates. Let's face it, Mortgage Companies have a vested "interest" in motivating Borrowers to act now before Mortgage Rates increase.
Below are 3 different charts, courtesy of The Mortgage Coach community (a trusted name for Relationship-Based Mortgage Loan Officers). For lack of a better term, these charts are a "playbook" that the majority of Banks use when altering the specific Mortgage Rates (and fees/credits associated with each interest rate) on any given … (0 comments)

san diego mortgage rates: Mortgage Rate Update: 8-1-17: Trends & Projections - 08/01/17 09:53 AM
Prepare for a wild week for mortgage rates!  What will Friday's employment report do to mortgage rates? Stocks are high early this morning with the Dow setting a new all-time high. June Personal Income & Spending reports were released today, whowing that incomes were unchanged, with spending increasing a mere 0.1%.
Compared to Tuesday'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 … (0 comments)

san diego mortgage rates: Mortgage Rate Update: 12-1-16 - WORST DAY IN LAST 3 MONTHS! - 12/01/16 10:53 AM
Just when you thought the recent spike in mortgage rates would stop, we are continuing to get worse! Today is the worst day for mortgage rates in the last 3 months! MBS began with small losses and quickly moved lower. Ironically enough, weekly Jobless Claims rose to 268K above the consensus of 255K (you would think this would improve mortgage rates).
Compared to Wednesday's closing, the market has opened with a 0.250 WORSENING to the Points/Credits associated with any given interest rate option. Since this poor opening, we have had a mid-day pricing adjustment, which has made pricing even worse by 0.125 - 0.250 … (2 comments)

san diego mortgage rates: Mortgage Rate Update: 10-18-16: Trends & Projections - 10/18/16 05:38 AM
This morning, September CPI inflation rose 0.3% from August, matching the consensus, and it was 1.5% higher than a year ago.  Core CPI, which includes food & energy, rose 0.1%, below the consensus for an increase of 0.2%. Core CPI was 2.2% higher than a year ago, down from 2.3% last month. NAHB Housing met expectations.
Compared to Tuesday'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 … (0 comments)

san diego mortgage rates: Mortgage Rate Update: 10-12-16: Trends & Projections - 10/12/16 07:03 AM
Pricing is at its HIGHEST POINT in the last 3 months as of today! The JOLTS report showed 5.44M job openings in August, down from the previous reading. 
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 dating back over 2 years at … (0 comments)

san diego mortgage rates: Mortgage Rate Update: 8-18-16: Trends & Projections - 08/18/16 02:19 AM
This morning, Jobless Claims were just above the consensus, while the Philadelphia Fed Index and Leading Indicators both came in at expectations.  No more economic data will be released today.
Compared to Wednesday'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 … (0 comments)

san diego mortgage rates: 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)

san diego mortgage rates: Mortgage Rate Update 3-4-2016: Trends & Projections - 03/04/16 12:29 AM
Ouch! Friday morning is having an unpleasant start for mortgage pricing given the data on today's Employment Report. Against a consensus forecast of 190K, the economy added 242K jobs. Remember, good news for the economy = bad news for mortgage rates!
Compared to Thursday's closing, the market has opened with a 0.125 worsening 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 … (0 comments)

san diego mortgage rates: Mortgage Rate Update 1-22-2016: Trends & Projections - 01/21/16 11:42 PM
Mortgage Backed Securities declined this morning following a rally in stocks and stronger than expected housing data.  Existing Home Sales came in above expectations.
Compared to Thursday's closing, the market has opened with a 0.250 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 dating back over 2 years at www.JasonGordon.info whenever desired.  To make … (0 comments)

san diego mortgage rates: Mortgage Rate Update 1-19-2016: Trends & Projections - 01/18/16 11:58 PM
China released its 4th Quarter GDP this morning, which was 6.8% (below expectations). For the year, it was 6.9% (the slowest pace in 25 years). The Stock Market has reacted favorably thus far as Investor expectations for additional stimul from the Chinese government have grown. NAHB Housing came in just below the consensus.
Compared to Thursday'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 … (0 comments)

san diego mortgage rates: Mortgage Rate Update 12-7-2015: Trends & Projections - 12/07/15 01:14 AM
On the heals of a very disappointing run in mortgage rates last week, we begin this week on the right path. Read below on what to expect as the week progresses.
Compared to Friday'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 … (0 comments)

san diego mortgage rates: Mortgage Rate Update 10-6-2015: Trends & Projections - 10/06/15 02:53 AM
The August Trade Deficit increased to $48.3 Billion this morning, which came close to expectations. No more economic data will be released today.
Compared to Monday'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 dating back over 2 years at www.JasonGordon.info whenever desired.  To … (1 comments)

san diego mortgage rates: Mortgage Rate Update 6-29-2015: Trends & Projections - 06/29/15 01:47 AM
Negotiations between Greek officials and creditors ended with no agreement reached. Greece will be unable to make its debt payments due tomorrow. Investors shifted to safer assets, helping MBS after Friday's decline. The Greek Government called a referendum on whether to accept austerity measures in exchange for a bailout, leaving the future of Greece uncertain.
Compared to Friday's closing, the market has opened with an 0.125 - 0.250 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 … (2 comments)

san diego mortgage rates: Mortgage Rate Update 6-12-2015: Trends & Projections - 06/12/15 04:57 AM
Great day yesterday, but not so much thus far today. PPI and Core PPI both came in at consensus, while Consumer Sentiment was higher than expected.
Compared to yesterday's closing, the market has opened within 0.125 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 … (0 comments)

san diego mortgage rates: Mortgage Rate Update 5-6-2015: Trends & Projections - 05/06/15 08:13 AM
Yet another tough day for mortgage rates! Mortgage Backed Securities have contnued to trend down despite weaker than expected ADP Employment data. First quarter productivity came in at the consensus.
Compared to yesterday's closing, the market has opened with a 0.125 - 0.250 worsening 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 … (0 comments)

san diego mortgage rates: 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)

san diego mortgage rates: Mortgage Rate Update 10-20-14: Trends & Projections - 10/20/14 03:30 AM
Today is a quiet day in terms of economic news, yet rate volatility persists as Investors attempt to squeeze profits from early trading.
Compared to Friday'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 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 … (0 comments)

san diego mortgage rates: Mortgage Rate Update 10-10-14: Trends & Projections - 10/10/14 01:14 AM
Mortgage Backed Securities have drifted down this morning. Import Prices dropped 0.5% in September, while the consensus was for a decline of 0.8%. No further economic data will be released
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 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 … (1 comments)

san diego mortgage rates: 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)

san diego mortgage rates: Mortgage Rate Update 9-25-14: Trends & Projections - 09/25/14 04:26 AM
Global bond yields declined overnight.  Global bond yields declined overnight, lifting MBS this morning. Today's US economic data came in very close to expectations and had little impact.
Compared to Friday's closing, the market has opened with a 0.125 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 … (0 comments)

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

Jason E. Gordon

Sr. Loan Officer, CMPS, CDLP, RCS-D, 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+


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