current mortgage rates: Current Mortgage Rates - 03/30/15 06:59 AM
Current Mortgage Rates
Still sitting on the sidelines? Then you are certainly in the minority as buyers recognize that prices are steadily increasing and good inventory is sometimes difficult to find. So, they are snapping up property often with multiple offers competing for an active listing.
You can read more about the increase in pending home sales as well as current information on mortgage rates in this week's Rate Insider.  Just click here to read the full article.
 
Current Mortgage Rates
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current mortgage rates: Increase in New Home Sales - 09/30/14 08:20 AM
 
Increase in New Home Sales  
Sales of new U.S. single-family homes surged in August and hit their highest level in more than six years, offering confirmation that the housing recovery remains on course.
The Commerce Department said on Wednesday sales jumped 18.0 percent to a seasonally adjusted annual rate of 504,000 units. That was the highest level since May 2008 and marked the second straight month of gains.
Read the full article and find out how mortgage rates are trending this week by clicking here.
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current mortgage rates: Why is the G-Fee being increased? - 12/23/13 04:34 AM
Why is the G-Fee being increased?  To answer this question, we must understand what the G-Fee is and what it means for mortgage rates.  Find out all of this and more in this week's Realtor Snapshot by clicking the photo.

Hopefully this helped clarify what the G-Fee is and what it means to you.  Don't forget to check our Realtor Snapshot page weekly for mortgage rate updates.
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current mortgage rates: Flood Insurance Rates on the Rise - 12/02/13 03:59 AM
Mortgage rates are not going up nearly as fast as the national flood insurance rates!  Mortgage rates are always well publicized,  but they may not have nearly the effect as the current legislation that is about to go into effect.  You can find out all about this new legislation in this week's Realtor Snapshot.  

Please call us today if you have any questions on the rise in flood insurance rates.
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current mortgage rates: Ability to Repay - 11/04/13 05:23 AM
In this week's Realtor Snapshot, we dig deeper into the Ability to Repay rule and explain what it is.  We also review last week's mortgage rates as well as give this week's rate forecast.
Click below for the complete snapshot:

As always, please feel free to pass this information along to your family, friends and clients.  Don't forget to check back next Monday for an updated Realtor Snapshot.  We hope you enjoyed this explanation of the Ability to Repay rule, and we wish you a great week!
 
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Eric Gausepohl, Eric Gausepohl - Summit Lending

Eric Gausepohl

Eric Gausepohl - Summit Lending

Huntington Beach, CA

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Address: 2130 Main Street, Ste 110, Huntington Beach, Ca, 92648

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