Mortgage Market Rate update 9.16.2011

Conforming Limits: 1 unit $417,000;   2 unit $533,850;    3 unit $645,300;    4 unit $801950                               These rates do not reference a specific loan program; rather, they reflect general market conditions, which are subject to change at any time.   Credit risk pricing and how it impacts your interest rate/discount points (cost to buy rate down): … Read more

Mortgage Market Rates

Conforming Limits: 1 unit $417,000;   2 unit $533,850;    3 unit $645,300;    4 unit $801950                               These rates do not reference a specific loan program; rather, they reflect general market conditions, which are subject to change at any time.   Credit risk pricing and how it impacts your interest rate/discount points (cost to buy rate down): … Read more

Mortgage Market Update

This weeks market news that may impact mortgage rates: 6/14 – PPI and Retail Sales 6/15 – CPI and Industrial Production 6/16 – Housing stats and Philly Fed 6/17 – Consumer Sentiment Conforming Limits: 1 unit $417,000;   2 unit $533,850;    3 unit $645,300;    4 unit $801950                               These rates do not reference a specific loan … Read more

Mortgage Market

The beginning of last week rates continued to decline, but mid-week the reminder that the Fed will eventually sell its portfolio of mortgage-backed-securities erased the any gains and the market ended the week basically undchanged. What to watch this week: Tues 5.24 – New Home Sales.  2-Yr auction Wed 5.25 – Durable Orders and 5-yr … Read more

Credit events that impact ability to obtain a Mortgage

Were you caught up in the meltdown over the last couple of years?  Lost your home, your job or some other extenuating circumstances that changed your life?  Your not alone!  Thousands of individuals/families are in the same situation. If your financial situation improving, then you still may qualify for a home mortgage.  Click here for credit … Read more

Mortgage Market News

While daily volatility remained high for mortgage rates, they ended the week basically unchanged from last week. News this week that may impact the market will include: Mon 12/27 2-yr Auction Tues 12/28 Confidence 5-yr Auction Wed 12/29 7-yr Auction Thur 12/30 Chicago PMI Pending Sales     Conforming Limits: 1 unit $417,000;   2 unit … Read more

Mortgage Market News

Market News that may impact mortgage rates this week includes: Tuesday – Fed Meeting, Retail sales and PPI Wednesday – CPI and Industrial Prod. Thursday – Housing Starts and Philly Fed Conforming Limits: 1 unit $417,000;   2 unit $533,850;    3 unit $645,300;    4 unit $801950                               These rates do not reference a specific loan program; rather, … Read more

Mortgage Market News

This weeks mortgage rates rose the beginning of the week due to almost all of the  economic data released earlier in the week was stronger than expected.  Today’s employment data removed much of the optimism about economic growth which helped rates a bit.  In the end, mortgage rates ended the week slightly higher than the … Read more

11.19.2010 Mortgage Market Update

Wow – What happen to mortgage Rates?? They were at the lowest levels in decades just a few weeks ago.  Not sure exactly why, but would imagine there are several factors that may influence them right now.  Investors always are trying to predict what the market is going to do and there are few reasons for … Read more

Mortgage Market Update

Conforming Limits: 1 unit $417,000;   2 unit $533,850;    3 unit $645,300;    4 unit $801950                               These rates do not reference a specific loan program; rather, they reflect general market conditions, which are subject to change at any time. Credit risk pricing and how it impacts your interest rate/discount points (cost to buy rate down): Rates change … Read more

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