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

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Mortgage and Lending 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 II

Sierra Pacific Mortgage Company Phone: 888-206-5781 (919) 863-4370

nevin.williams@sierrapacificmortgage.com

NMLS #: 69651

 

2501 Blue Ridge Road

Suite 250, Office 229

Raleigh, NC 27607

Company NMLS # 1788 | www.nmlsconsumeraccess.org

Rates, terms and programs subject to change based on market conditions and borrower eligibility

Licensed in California by the Department of Business Oversight under the Residential Mortgage Lending Act

Licensed in North Carolina

Licensed in Virginia

 

 

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Ambassador
1,101,399
Melissa Zavala
Broadpoint Properties - Escondido, CA
Broker, Escondido Real Estate, San Diego County

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

Apr 22, 2012 05:16 PM #1
Ambassador
1,261,602
Debe Maxwell
www.AtHomesCharlotte.com | Savvy + Company Real Estate - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

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

Apr 22, 2012 09:09 PM #2
Rainmaker
404,546
Nevin Williams
Sierra Pacific Mortgage Raleigh - Raleigh, NC
Raleigh Mortgage Pro

Melissa - Thanks!  Yes we have been slammed!

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

Apr 23, 2012 07:40 AM #3
Rainmaker
382,434
Doug Anderson
Executive Brokers Real Estate Group - Danville, CA
Doug Anderson's Bay Area Real Estate Views

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

Apr 23, 2012 01:30 PM #4
Rainmaker
653,288
Realty Works Temecula
Realty Works Temecula - Temecula, CA
Real Estate, Temecula, Murrieta, Menifee

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

Apr 23, 2012 08:33 PM #5
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Nevin Williams

Raleigh Mortgage Pro
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