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
MORTGAGE RATE LOCK ADVISORY
Updated  August 29, 5:00 AM PT
Updated Several Times Daily

LOCK ADVISORY
    1-14 Day Close:  FLOAT WITH CAUTION
    15-30 Day Close: LOCK
    31-45 Day Close:  LOCK

MARKETS
  • Freddie Mac  Average:30-Yr FRM, on: 8-27-15: 3.84% - Down 0.09 point
  • Rate Price Based on 3.5% MBS  - Friday Close Down -0.09 Point.
  • DJI Stocks - Friday Close $16,643.01, Down ($11.76)
  • Asian & European Stock Market Indexes Up 0.792%
  • Crude Oil (WTI) - Friday Close $45.22, Up $2.66
  • Gold 1 Ounce - Friday Close$1,133.08, Up $13.00
National Association of
Mortgage Brokers
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





Bill Ladewig
Your Advantage
My Experience

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Bill@YourFhaGuru.com
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REPORTS & ANALYSIS
  • Last week, mortgage rates were pushed and pulled by unusually large movements in global stock markets. The economic data had little impact. After a volatile week, mortgage rates ended just a little higher.
  • The final reading for the August Consumer Sentiment was lower than expected and generally favorable for Rates
  • Thursday rates ended the day virturally unchanged after being down in the morning.
  • Markets seemed to have calmed, at least for the moment.  However uncertainty in Asian markets  could cause change at any moment. 
  • This morning appears that we may see a little improvement today.  However, keep a close eye on the rate market.