current rates: Why YOU Should Buy a Home NOW! - 02/02/15 07:05 AM
Why YOU Should Buy a Home NOW!
Low interest rates and seller's positive equity are just two factors that make this a good time to trade up! Click here to read this week's Market Insider to read the whole article and to see current rate activity.

Why YOU Should Buy a Home NOW!
 
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current 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.
Contact us today to automatically receive our weekly Realtor Snapshot.  You will be added to our … (0 comments)

current rates: Pending Home Sales Stronger Than Expected - 09/02/14 07:17 AM
Pending Home Sales Stronger Than Expected
 
The National Association of Realtors (NAR) reported that July Pending Home Sales increased by 3.3%, the consensus estimates were projecting a much smaller gain of only 0.6%. Pending Home Sales are homes that have a sales contract in place and are in the process of closing but have not yet closed.
They have now risen four out of the last five months.
Read more about this and see the projected rate summary for this week by clicking here. 

Pending Home Sales Stronger Than Expected
 
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current rates: Rates at a Glance for This Week - 08/18/14 05:54 AM
Rates at a Glance for This Week
Each week, we bring you an inside look at how mortgage rates are performing.  If you’re thinking of purchasing or refinancing, you can use this information to help you decide if now is the right time for you.  If you’re still not sure and need some guidance, give us a call, we are happy to help!
 
Find out how rates are performing this week by clicking the photo below:

Rates at a Glance for This Week
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current rates: Rates Expected to Remain Neutral - 07/21/14 06:55 AM
Rates expected to remain neutral this week according to Sigma Research.  You can find out more by accessing this week's Realtor Snapshot here.  In addition, if you have ever wondered what causes rates to move, you can also find out by reading this week's Realtor Snapshot. Click below for more info:

Be sure to share this information with anyone you know who has been thinking of purchasing or refinancing, and as always - WE APPRECIATE YOU and YOUR REFERRALS!!   Have a wonderful week!
Rates Expected to Remain Neutral
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current rates: This Week's Mortgage Rate Summary - 07/14/14 02:55 AM
This Week’s Mortgage Rate Summary
Rates are expected to remain neutral this week in the mortgage industry.  You can find out more information by clicking here and reading our Weekly Rate Insider.
Our goal is to inform our clients and help you to make the right decision when considering a home purchase or refinance.  Give us a call and we will help you decide if now is the right time to lock your loan!
This Week’s Mortgage Rate Summary
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current rates: Household Net Worth Creeps to Record High - 06/09/14 04:30 AM
U.S. household net worth nudged up 2 percent to a record high $81.8 trillion in the first quarter as the stock market continued its upward climb and property values rose, according to data from the Federal Reserve.
Read the rest of the article and find out what is going on this week with mortgage rates by clicking the photo below:

(Note: The Realtor Snapshot page is updated weekly, so if it is not showing the information you are looking for, please contact us and we’ll get you what you need!)
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current rates: E-Mortgages Will Speed Up Closings, Cut Costs - 06/02/14 03:18 AM
E-Mortgages Will Speed Up Closings, Cut Costs
An electronic mortgage process could cut 30 days off of the average 52 days it takes to close a loan, according to a team developed by Fannie Mae to study e-mortgages.  What's more, going paperless could save the mortgage industry an average of about $1,100 per mortgage-or about $1 billion a year.
To read the full article and find out what is currently going on with mortgage rates, click the photo below.

If you or one of your clients needs to be pre-approved, please give us a call today.
E-Mortgages Will Speed Up Closings, … (0 comments)

current rates: Foreclosure Rates Fall To Lowest Level Since 2007 - 04/14/14 02:35 AM
Foreclosure rates fall to lowest level since 2007, giving us yet another sign that the Spring housing market will be a strong one.  Find out more on this topic as well as what is going on currently with mortgage rates in this week's Realtor Snapshot.  (Click the photo below for access.)

(The Realtor Snapshot page is updated weekly, so if it is not displaying the information you are looking for let us know and we'll get you what you need.)
Whether you are an agent who needs to pre-qualify a client, or if you are a home buyer in need … (0 comments)

current rates: Mortgage Rates Likely to Worsen This Week - 03/17/14 04:06 AM
Mortgage rates likely to worsen this week due in part to the continuing crisis in Ukraine and the Chinese economy.  This is a change from last week which saw slight improvements.  You can read more and find out how Ukraine and China affect our mortgage rates by clicking the photo below and reading this week's Realtor Snapshot.

 
Also in this week's report is important Realtor information on the CFPB's new appraisal requirements.  
Our page is updated weekly, so if it is not displaying the information you are looking for let us know and we'll get you what you … (0 comments)

current rates: Rates at a Glance - 03/03/14 08:08 AM
As a Realtor, your clients will expect that they can turn to you for information on mortgage rates.  What is the current rate?  Will rates be going up?  Will rates be going down?  So many questions, and we want to make sure that you are prepared to answer these questions when they arise.  
Check out this week's Realtor Snapshot by clicking the photo.  Be sure to bookmark this page and check back weekly for an update on mortgage rates.

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current rates: How does the weather affect mortgage rates? - 02/24/14 02:29 AM
There's been a lot of talk lately on how the weather affects the economy.    What exactly does that mean?  Find the answer as well as get updated on current mortgage rates in this week's Realtor Snapshot.  Click the photo for full access:
 
We update our Realtor Snapshot page weekly, so if it is not displaying the information you are looking for just let us know and we'll get you what you need.
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current rates: Foreclosures Fall to Lowest Level in 6 Years - 02/18/14 06:23 AM
In the US as a whole, lenders reposessed fewer homes in January bringing the number of foreclosed homes to the lowest level in 6 years.  Looks like the housing market is looking a little brighter these days.  
You can get more details as well as the current trends in mortgage rates by viewing our Realtor Snapshot page. Just click the photo for the full story.  (Keep in mind that this page is updated weekly, so if you don't see the information you are looking for please contact us and we will get you what you need.)

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current rates: VA Loans Made History in 2013 - 02/03/14 05:16 AM
The Department of Veteran Affairs backed 630,000 mortgages in fiscal year 2013.  VA loans have seen tremendous growth due in large part to low interest rates and a more restrictive lending market making conventional and FHA financing more difficult to secure.  You can read more about this and find out what is going on with current mortgage rates by reading this week's Realtor Snapshot.  Just click the photo below.

Agents, please feel free to forward this information to your clients and if you need anyone pre-approved for a VA loan, please call us today.
(Please note the information on our … (0 comments)

current rates: Ability to Repay and Qualified Mortgages - 10/28/13 07:20 AM
You're probably starting to hear a lot about ATR (Ability to Repay) & QR (Qualified Mortgages).  In this week's Realtor Snapshot, these two terms are discussed.  As always, we also give you last week's Mortgage Rate Recap and this week's Mortgage Rate Forecast.  Click the photo below to access our Realtor Snapshot page:

Remember, this page is updated weekly, so check back every Monday for the most up-to-date information. 
Happy Monday and have a fantastic week!
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current rates: Current Mortgage Rates - 10/15/13 09:26 AM
This week's Realtor Snapshot shows High Volatility, due in large part to the continued government shutdown.  A seven year low in foreclosures is also discussed.  Be sure to view our Realtor Snapshot page for more detailed info as well as this week's mortgage rate forecast.
(Click the photo below to be redirected.)
Check back next Monday for an update - this week's snapshot is coming to you a day late due to the holiday yesterday.  

Enjoy your week!
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current rates: Current Mortgage Rate Trends - 09/30/13 02:31 AM
Here is this week's Realtor Snapshot!  Remember, we will be updating this Realtor Snapshot page weekly, so check back each Monday or subscribe to our blog so you will be notified as soon as the page is ready to be viewed.
Click the photo below to see last week's mortgage rate activity.

 
Please forward this to your clients, family and friends and help us make sure that all consumers are kept up to date on the current trends in the market.  Don't forget to email us if you want the Daily Rate Snapshot emailed to you daily for a … (2 comments)

current rates: Current Trends in Mortgage Rates - 09/23/13 07:24 AM
Each Monday, we will be writing a blog with information on the previous week's activity in regards to mortgage rates.  You may access this week's Realtor Snapshot by clicking on the photo below.

Feel free to send this to your clients, family and friends.  Our goal is to make sure consumers are informed on important topics such as this.  For a more detailed analysis, you may email or call us with your email address.  We will make sure you get the daily Rate Snapshot.
We hope that this information is helpful.  Enjoy your 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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