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America's #1 Mortgage Rates Report: June 19, 2008

By
Commercial Real Estate Agent with Matthews Capital Markets NMLS 2415712
We're still advising all borrowers to lock all mortgage rates at application. The risk of the Fed raising rates far exceeds the opportunity for lower term rates. Watch this one minute video to understand what exactly has been happening in the mortgage markets, since May 2, 2008 and what I think WILL happen in the near term future. Brian Brady Mortgage Planner 858-777-9751

Comments(8)

Shaun Wren
AGENTFORLIFE - Lakeland, FL

I am very conservative. I have the customer lock at time of application.

Jun 19, 2008 11:38 AM
Lisa Hill
Florida Property Experts - Daytona Beach, FL
Daytona Beach Real Estate

Higher mortgage rates? That should do wonders for this already crappy market. Geez. When will it ever end?

Jun 19, 2008 12:14 PM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX

Practicing for television?

You'll do well!

It seems like every time we try to catch up you raise the bar. I just get comfortable pod-casting, now it's vidio and U-tube.

All I really wanted to do is sell a few books.

Bill

Jun 19, 2008 01:58 PM
Jeff Belonger
Social Media - Infinity Home Mortgage Company, Inc - Cherry Hill, NJ
The FHA Expert - FHA Loans - FHA mortgages - USDA loans - VA Loans

Brian... still haven't bought my flip video yet... that is my next project. Just busy closing deals... 

@Lisa....  people will always buy...  we need to focus on payment, not rate. I will be publishing a blog about this tomorrow morning. 

Brian... nice job.... I have been locking everyone the last 2 weeks....  but last week, I didn't lock two people. I played the market and won today.  I picked up a good half point in the last few days.

jeff belonger

Jun 19, 2008 04:03 PM
Kirk Westervelt
Van West Realty - Greenville, SC Realtor -Short Sale Expert! - Greenville, SC
Kirk Westervelt, Broker In Charge, Van West Realty - CDPE - Short Sale Agent - Home for Sale - Greenville, Simpsonvil...

Brian,

Very cool! Great job!

I've got to get with the modern times and learn how to do this You Tube thing.

Powerful, free marketing!

Jun 21, 2008 03:54 AM
Dave Woodson
Dave Woodson - Chesterton, IN
Not the Average Agent

brian - great sound, what kind of mic are you using or is it on the video.

Dave Woodson

oh, i have been loving the video aspect of our blogs

Jun 23, 2008 02:05 PM
Brian Brady
Matthews Capital Markets - Tampa, FL
858-699-4590

 

brian - great sound, what kind of mic are you using or is it on the video.

Standard Logitech mic that comes with the Skype-compatible webcam- 25 bucks

Jun 23, 2008 03:14 PM
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Brian:  I like the video.  Great idea, and well done.  Perhaps if the buying public can understand that rates are done falling, and in view of Bernanke's recent rumblings, will probably start tending upwards... perhaps folks will get off the fence and back on the road to home ownership.  Thanks for sharing.

Jun 28, 2008 12:11 PM