MORTGAGE & REAL ESTATE NEWS
House-flipping is back, flourishing again
By: Diana Olick - For the past several years single-family housing investors have been playing the buy and hold game. Strong rental demand and soft home prices made that the best bet. Now, with home prices up more than 12 percent from a year ago, the strategy is suddenly changing. >>Read More CNBC
MORTGAGE INTEREST RATE LOCK ADVISORY
July 26, 2013 :1:15 PM PST
LOCK ADVISORY
7 Day Mortgage Interest Rate lock or Float Advice: LOCK
The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.14 point.
30 Day Mortgage Interest Rate Lock or Float Advice: LOCK
MARKET INDICATORS
- National Average for 30-Yr Fixed Mortgage Rate declined to 4.31% on July 25.
- MBS (3.5%) Currently 100.89, High: 101, Low: 100.7
- DJI Stocks closed at $15,558.83, Up $3.22, Change 0.021%
- Asian & European Stock Market Indexes changed -0.796%
- Crude Oil (WTI) Currently $104.66 - Change -0.79%
- Gold 1 Once - $1,332.80
