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
This page was Updated  July 7,  6:00 AM Pacific
Updated Several Times Daily

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

MARKETS
  • Freddie Mac  Average:30-Yr FRM, on: 7-2-15: 4.08% - Up 0.06 point
  • Rate Price Based on 3% MBS  - Currently,  Down -0.30 Point.
  • DJI Stocks - Currently,  $17,683.58, Down ($46.53)
  • Asian & European Stock Market Indexes Up 0.003%
  • Crude Oil (WTI) - Currently,  $52.28, Down ($0.25)
  • Gold 1 Ounce - Currently, $1,164.00, Down ($8.00)

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





Mortgage
Mentor
Since 1970
Bill Ladewig
Your Advantage
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REPORTS & ANALYSIS
  • Prices have improved again this morning and it is a good time to lock on the third day of improved rates.
  • Markets are being driven by uncertainty of Greek Rejection of EU Bailout Terms.
  • Rates were helped last week  with lackluster Jobs Report.
  • Wednesday, Prices began higher and increased in the afternoon.  Readers received a half hour warning at 1:15PM.