House-flipping is back, flourishing again

By
Real Estate Broker/Owner with One @ Done Exclusive Buyer Agent
MORTGAGE & REAL ESTATE NEWS   

 

House-flipping is back, flourishing again
House FlippingBy: 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

Comments (2)

Patrick White
Home Driven Realty, Inc - Baldwin, NY
Driven to bring New Yorkers home

Good Morning Bill

 

Thanks for the post and real estate flipping information. Have a great weekend

Jul 26, 2013 12:10 AM
Bill Ladewig
One @ Done Exclusive Buyer Agent - Rancho Bernardo, CA
Exclusive Buyer Agent

Morning Patrick, thanks for the comment

Jul 26, 2013 06:38 AM