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

By
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
1,089,945
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
1,258,187
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
396,195
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
Rainmaker
381,834
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
647,632
Realty Works Temecula
Real Estate, Temecula, Murrieta, Menifee
Realty Works Temecula

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

April 23, 2012 08:33 PM
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Rainmaker
396,195

Nevin Williams

Raleigh Mortgage Pro
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Northern California branch-

3700 Hilborn Road #700 Fairfield CA 94534

Southern California-

5360 Jackson Drive Suite 220 La Mesa CA 91942

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