first time homebuyer loans in san diego: Mortgage Rate Update 6-30-14: Trends & Projections - 06/30/14 08:26 AM
After a down day on Friday, Mortgage Backed Securities rallied, then lost their gains after stronger than expected Chicago PMI and Pending Home Sales data.
The market has opened roughly 0.125 WORSE for the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 6-24-14: Trends & Projections - 06/24/14 08:15 AM
Stronger than expected New Home Sales and Consumer Confidence data has hurt Mortgage Backed Securities, reducing this morning's gains (after a pretty brutal day yesterday). The April Case-Shiller 20 City Home Price Index showed that home prices were 11% higher than this time last year.
The market has opened roughly 0.125 WORSE for the Points/Credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 6-23-14: Trends & Projections - 06/23/14 07:31 AM
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below.
Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 6-9-14: Trends & Projections - 06/09/14 09:44 AM
Although no economic data will be released today, the market has opened in negative territory after Friday's rough closing.
Pricing has opened 0.250 WORSE to the points/credits associated with each interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick … (2 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 2-12-14: Trends & Projections - 02/12/14 10:14 AM

Tuesday was an extremely turbulent day for mortgage rates, which ultimately finished with inferior pricing. No major economic news is expected today. Pricing has opened 0.125 - 0.250 WORSE to the points/credits associated with each interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 2-10-14: Trends & Projections - 02/10/14 10:15 AM
No major economic news is expected today, although we begin the week with a slight improvement. Pricing has opened 0.125 BETTER to the points/credits associated with each interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How … (2 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 2-6-14: Trends & Projections - 02/06/14 01:59 PM
After declines yesterday, it has been a quiet morning ahead of tomorrow's Employment report. Weekly Jobless Claims dropped to 331K, which was very close to expectations. Fourth quarter Productivity rose to 3.2%, above the consensus of 2.5%. The December Trade Deficit was larger than expected. The European Central Bank (ECB) made no change in rates. The Dow is up 150 points. No more economic data will be released today. 
As a result of the above economic activity, pricing has opened 0.125 / 0.250 WORSE to the points/credits associated with each interest rate option.
This daily mortgage interest rate report is designed … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-31-14: Trends & Projections - 01/31/14 10:48 AM
A decline in stocks has lifted Mortgage Backed Securities this mornng after a great day yesterday. Today's economic data had little impact. December Core PCE Inflation increased 0.1% from November, matching the consensus, and it was just 1.2% higher than one year ago. Personal Income was flat, which was a little below the consensus.  Chicago PMI declined to 59.5, matching expectations. Consumer sentiment also came in higher than expected. Today is Ben Bernanke's last day as a member of the Fed. Janet Yellen will now take over as Fed Chair, and she is expected to maintain similar policies.
As a result … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-29-14: Trends & Projections - 01/29/14 11:56 AM
 
 
Ahead of today's Fed announcement, the emerging markets have stolen the spotlight. The combination of slower growth in China and reduced Fed bond purchases could lead to trouble for emerging markets such as Turkey and South Africa, and these concerns have dragged down global stock markets. Investors have shifted to relatively safer assets, including MBS. The Dow is down 110 points. No economic data will be released today.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling … (5 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-27-14: Trends & Projections - 01/27/14 10:53 AM
On the heals of a strong week, we begin our Monday with significant volatility. See the charts below for details.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below.
Also, make sure to learn … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-22-14: Trends & Projections - 01/22/14 01:15 PM
After a down afternoon yesterday, combined with little news this morning, Mortgage Backed Securities have declined throughout the day.  The net result is approximately 0.250% - 0.375% WORSE to the points/credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-17-14: Trends & Projections - 01/17/14 10:16 AM
Today's mixed economic data provided little direction for investors this morning. December Housing Starts declined 10% from the 5 year high seen in November to an annual rate of 999K units (which was still above the consensus of 985K units). Building Permits fell short of expectations however. December Industrial Production matched the consensus with a small increase from November. Capacity Utilization increased to 79.2%, the highest level since May 2008. Overall Consumer Sentiment was a bit lower than forecasted.
The net result of the above news was a market opening of approximately 0.125% BETTER to the points/credits associated with each interest … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-16-14: Trends & Projections - 01/16/14 08:26 AM
December CPI inflation rose 0.3% from November, matching the consensus projections. Core CPI, which excludes food & energy, increased 0.1% (also matching the consensus). Weekly jobless claims declined slightly to 326,000, which was also very close to expectations. The net result is an average 0.250 - 0.375 IMPROVEMENT to the points/credits associated with each interest rate option today thus far.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-14-14: Trends & Projections - 01/14/14 07:53 AM
We are on a nice run with mortgage pricing over the past 2 days. Monday netted a 37 basis point improvement.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below.
Also, make sure to … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-10-14: Trends & Projections - 01/10/14 11:14 AM
Wow...big disparity today with the Employment report!  Against a consensus forecast of 200K jobs added, we only ended up adding 74K jobs in November. This was the smallest monthly increase in jobs since January, 2011. Given that several labor market indicators showed greater strength in December, some economists feel that bad weather was a major factor in the shortfall, as the construction sector was particularly weak.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-8-14: Trends & Projections - 01/08/14 01:56 PM
Mortgage Backed Securities moved lower this morning after the release of stronger-than-expected labor market data. The ADP forecast for private sector job gains in December was 238K (above the consensus of 205K). The Dow is down 70 points. The result was an opening of approximately 0.125 WORSE to the points/credits associated with any given interest rate.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-7-14: Trends & Projections - 01/07/14 08:11 AM
It has been a fairly quiet morning thus far regarding market trading. The November Trade Deficity declined to $34.3 Billion (far below the consensus of $40.0 Billion...and the lowest level since October, 2009). Janet Yellen was confirmed by the Senate last night to be the next President of the Federal Reserve. The Dow is currently up 125 basis points. There will be no further economic data released today.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 1-6-14: Trends Projections & Today's Best Rates - 01/06/14 09:36 AM
After rallying Friday afternoon, Mortgage Backed Securities have continued to improve following this morning's economic data. The ISM Services Index came in worse than expected, while factory orders were slightly above the consensus. Pricing has opened 0.125 - 0.250 better to all points/credits associated with any given interest rate option.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back … (1 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 12-30-13: Trends Projections & Today's Best Rates - 12/30/13 09:54 AM
Weaker than expected Pending Home Sales data has helped Mortgage Backed Securities to slightly rally this morning. The result has been a "market opening" of roughly 0.125 - 0.250 better to the points/credits associated with any given interest rate.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, … (0 comments)

first time homebuyer loans in san diego: Mortgage Rate Update 12-27-13: Trends Projections & Today's Best Rates - 12/27/13 09:42 AM
Mortgage pricing has slightly improved in early trading this morning.  On average, the points/credits associated with each particular interest rate are 0.125 - 0.250 better thus far.
This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The … (1 comments)

 
Jason E. Gordon, Residential Mortgage Specialist, CMPS, CDPE, CMHS (AmeriFirst Financial Inc, San Diego, CA)

Jason E. Gordon

Residential Mortgage Specialist, CMPS, CDPE, CMHS

San Diego, CA

More about me…

AmeriFirst Financial Inc, San Diego, CA

Address: 12544 High Bluff Drive, Ste. 100, San Diego, CA, 92130

Mobile: (619) 200-8031

Fax: (888) 392-7699

Email Me

Author Bio: Jason Gordon is a Residential Mortgage Specialist in San Diego, CA. He combines ethics, education, and experience while helping Homebuyers and Homeowners to achieve their financial goals.View all AR Posts By Jason Gordon

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