What did mortgage rates do today. DAILY MORTGAGE interest RATE LOCK ADVICE Mortgage Rate Trends Lock periods Mortgage Interest Rate Lock Advisory and Mortgage Interest Rates
HOME LOAN INTEREST RATE ADVISORY
This page was updated November 21, 2014,  11:00 AM PT
Lock Advice is Updated Several Times Daily



LOCK ADVISORY
    1-3 Day Close:      FLOAT
    4-15 Day Close:    FLOAT
    16-30 Day Close:  LOCK

FRIDAY'S MARKET NEWS
  • There is no expected domestic news that could impact rates today.
  • The bond market is focusing on oversea events.where China cut their key interest rate for the first time since 2012.

CURRENT MARKET PRICES
  • FHLMC Weekly Average:30-Yr Fixed Mortgage Rate, on 11-13-14: 3.99% - Change -0.02%
  • MBS (3.5%) - Currently, 103.64, High: 103.68, Low: 103.48, Change -0.09 Point.
  • DJI Stocks - Currently,  $17,807.11,  Up $88.11, Change 0.495%
  • Asian & European Stock Market Indexes changed 2.031%
  • Crude Oil (WTI) - Currently,  $75.79, Change -0.08%
  • Gold 1 Ounce - Currently, $1,197.36, Change 0.56%

National Association of
Mortgage Brokers
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NAR Pending Home Sales Index Jumps in May
99.50% Financing Is Available to Purchase Your Home.
Low rate, 99.50% home financing is available for California home buyers.  Email for details
You Don't Need That Much of a Down Payment
Daily Real Estate News |
Many consumers are overestimating  the down payment they need in order to purchase a home, according to Christina Boyle, vice president and head of single-family sales at Freddie Mac.

Consumers believe they need 11 percent to 15 percent in order for lenders to approve them for a loan, according to a survey of renters and non-home-owners conducted by Zelman & Associates in New York. Thirty-nine percent say they need at least 15 percent of the purchase price in order to qualify for financing. Only 28 percent of respondents say they would even qualify for a mortgage >>Read More Realtor Mag





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