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
Updated  August 29, 5:00 AM PT
Updated Several Times Daily

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

  • 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

NML 291249
BRE 00968137
  • 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.