- REVERSE MORTGAGE (HECM)
- Financial Freedom for Qualified Seniors
- Click for Reverse Mortgage Details
- 1-14 Day Close: FLOAT With Caution
- 15-30 Day Close: FLOAT With Caution
- 31-45 Day Close: FLOAT With Caution
- Recommendations can change throughout the day.
- Weekly Average 30-Yr FRM, down 0.02% to 3.43% on 8-18-16.
- Rate Price Based on 3% MBS, Up 0.03 Point.
- DJI Stocks - Currently, $18,590.37, Up $16.43 0.09%
- Asian & European Stock Market Indexes Up 0.116%
- Crude Oil (WTI) - Currently, $47.83, Up $1.04
- Gold 1 Ounce - Currently, $1,352.10, Up $6.00
- Rates Currently Trending: Neutral Mortgage rates are trending unchanged this morning. Wednesday the MBS market improved by 0.20 point. This was not enough to move mortgage rates or fees.
- 30-year fixed-rate mortgage (FRM) averaged 3.43 percent with an average 0.5 point for the week ending August 18, 2016, down from last week when it averaged 3.45 percent. A year ago at this time, the 30-year FRM averaged 3.93 percent.
- Thursday AM Brief
- Banking giant faces revived claims it violated racketeering laws
- Freddie Mac Forecasts $2T in 2016 Originations
- FHA Loans : Still The Best Choice For Many Home Buyers
- Judge Sues Homeowner in Foreclosure Case
- CFPB adopts new rules to protect homeowners who fall behind
- FHA Condo Relief Coming: President Signs Bill
- FHA to begin insuring mortgages with PACE solar loans
- Reverse mortgages may be the hot new retirement planning too
- Renovation loans allow more people to buy homes
CONSUMER EDUCATION = CONSUMER PROTECTION
- Rates and Points Explained
- FHA 203k Renovation Mortgage - Video
- Energy Efficient Mortgages - Video
- What You Should Know About APR
- How To Shop for Mortgage Rates.
- Beware of Misleading Lender Advertising
- Education is the best consumer protection
Real Estate & Mortgage Broker
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