- REVERSE MORTGAGE (HECM)
- Financial Freedom for Qualified Seniors
- Click for Reverse Mortgage Details
- 1-14 Day Close: FLOAT
- 15-30 Day Close: FLOAT
- 31-45 Day Close: FLOAT
- Recommendations can change throughout the day.
- Weekly Average 30-Yr FRM, up 0.01% to 3.42% on 7-14-16.
Rate Price Based on 3% MBS, Down -0.06 Point.
DJI Stocks - Currently, $18,545.58, Up $12.53 0.07%
Asian & European Stock Market Indexes Down -0.087%
Crude Oil (WTI) - Currently, $44.95, Down ($0.29)
Gold 1 Ounce - Currently, $1,332.90, Up $1.40
- Continue to Float. we should be seeing lower rates in the next few days.
- Rates Currently Trending: Neutral Mortgage rates are trending down slightly this morning. Last week the MBS market worsened by -52 bps. This was enough to worsen mortgage rates or fees. The MBS market was fairly volatile last week.
- MBA Predicts Brexit-Fueled Refi Boom
- Freddie Mac: Mortgage Rates To Stay Ultra-Low Through 2017
- MBA: Mortgage Applications Jumped 7.2%
- Foreign Troubles Create Robust Buyers Market In U.S.
- Updated Desktop Underwriter (DU) coming soon after unexpected delay,
- 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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