Current Mortgage Rate Trends 4-20-2012 San Diego Mortgage

By
Real Estate Mortgage Broker with Sierra Pacific Mortgage Raleigh

Current mortgage rate trends started the day worse but rebounded and now remain flat.  Investors are waiting for the FOMC meeting next week.  Until then don't expect much movement in the mortgage rate market.  If the USA shows 2 quarters of econoic growth it will likely spur inflationary concerns causing investors to sell their mortgage bonds for stocks.  This would cause mortgage rates to rise.  If you are a fence sitter,.....JUMP!  Under 4% on 30 year fixed rate loans.  Really, what are you waiting for?

current mortgage rate trends

San Diego Mortgages - San Diego home loans

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This is not a guarantee to lend.  Rates subject to change without notice. 

Nevin Williams NMLS#69651  CA DRE #01366552

 

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1,063,500
Melissa Zavala
Broker, Escondido Real Estate, San Diego County
Broadpoint Properties

I've seen some changes these past few weeks and things seem to be getting a lot busier. I like your trend chart.

April 22, 2012 05:16 PM
Ambassador
1,246,971
Debe Maxwell
Charlotte Homes for Sale - Charlotte Neighborhoods
www.AtHomesCharlotte.com | Savvy + Company Real Estate

Great chart, Nevin!  I'm seeing incredibly low rates at the Closing table here too!  LOVE it!  Hope you have a wonderful week...

April 22, 2012 09:09 PM
Rainmaker
392,429
Nevin Williams
Raleigh Mortgage Pro
Sierra Pacific Mortgage Raleigh

Melissa - Thanks!  Yes we have been slammed!

Debe - Thank you.  Hope you have a great week too

April 23, 2012 07:40 AM
Rainer
381,234
Doug Anderson
Doug Anderson's Bay Area Real Estate Views
Executive Brokers Real Estate Group

There is no time like the present to take advantage of these interest rates. Have a great week.

April 23, 2012 01:30 PM
Rainmaker
635,918
Jane Grant
Temecula Homes and Murrieta Homes
Jane Grant, "Temecula Homes", Southwest Real Estate

Nevin: Great presentation post about all things mortgages!!!

April 23, 2012 08:33 PM
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Nevin Williams

Raleigh Mortgage Pro
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