MORTGAGE INTEREST RATE LOCK ADVISORY
August 5, 2013 :3:45: PM PST
LOCK ADVISORY
7 Day Mortgage Interest Rate lock or Float Advice: LOCK
The cost for a 3.50% rate based on Mortgage Backed Securities is up 0.14 point.
Lock on any improvement
30 Day Mortgage Interest Rate Lock or Float Advice: LOCK
MARKET INDICATORS
- National Average for 30-Yr Fixed Mortgage Rate is up to 4.39% on August 1,.
- MBS (3.5%) Closed at: 100.79, High: 100.94, Low: 99.68
- DJI Stocks closed at $15,612.13, Down $-46.23, Change -0.296%
- Asian & European Stock Market Indexes changed -0.417%
- Crude Oil (WTI) Closed at $106.53 - Change -0.03%
- Gold 1 Once - $1,303.00
MORTGAGE and REAL ESTATE NEWS
Survey: Move-Up Buyers Nearly Ready to Take Action
By Tory Barringer - The latest Home Index Survey (PGHI) from PulteGroup shows current homeowners might accelerate their timeline to "move up."With home values on the rise, 43 percent of move-up buyers in PulteGroup's survey indicated they plan to purchase a new home within the next five years. In addition, 76 percent of respondents believe they can sell their current home within the next two years for a price that would allow them to move. >>Read More MReport.com
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