San Diego Jumbo Mortgage Rates Report--June 14, 2011

By
Mortgage and Lending with San Diego VA Home Loans/858-777-9751

News which affects San Diego jumbo mortgage rates:

InternationalChina says U.S. is already defaulting on its debt.  This has profound implications because it portends higher interest rates (in general) and higher mortgage rates (specifically).  Ironically, the Chinese seem to be echoing the tea party call for budget cuts rather than raising the federal debt limit.

National:  The US "War on Drugs" is failing and its costs contribute to federal spending.  Former Secretary of State George Schultz and Former Federal Reserve Chairman Paul Volcker point out that our domestic policy has inhibited governance and economic development.

California:  Is your neighbor pulling a fast one, by "short-selling" his home, only to by it back a year later at a much reduced price?  Lew Sichelman answers this Palm Springs home owner about the how the practice of flopping may catch up with the seller...down the road

Get a current jumbo mortgage rate quote by calling 858-777-9751
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San Diego Mortgage Network
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Rainmaker
592,907
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX

"Egypt Debt Buoyed by Obama Guarantee for Eurobonds: Arab Credit:"  http://www.bloomberg.com/news/2011-06-13/egypt-debt-buoyed-by-obama-guarantee-for-1-billion-eurobonds-arab-credit.html

 

Who's going to guarantee we survive Obama?

Bill

Jun 14, 2011 01:33 PM #1
Ambassador
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Rich Jacobson
Fathom Realty West Sound - Poulsbo, WA
Your Kitsap County WA Real Estate Broker

Have I told you lately that I miss your face?....Nice to see your face pop-up on my blog subscriber board. Just like old times!....

Jun 14, 2011 07:21 PM #2
Rainmaker
311,469
Brian Brady
San Diego VA Home Loans/858-777-9751 - San Diego, CA
858-777-9751

Have I told you lately that I miss your face?

That's reason enough to keep posting, Rich.  Thank you.

Jun 22, 2011 09:49 AM #3
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Rainmaker
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Brian Brady

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