- FHA 203K Renovation Mortgage
- Renovate Purchases and Refinances
- All You Need To Know About 203K
- 1-14 Day Close: FLOAT
- 15-30 Day Close: FLOAT
- 31-45 Day Close: FLOAT
- Recommendations can change throughout the day.
- Freddie Mac Average:30-Yr FRM, Down 0.02 point on: 1-28-16 to: 3.79%
- Rate Price Based on 3.5% MBS, Down -0.22 Point.
- DJI Stocks - Currently, $16,261.26, Up $191.62
- Asian & European Stock Market Indexes Up 1.6%
- Crude Oil (WTI) - Currently, $34.70, Up $0.81
- Gold 1 Ounce - Currently, $1,120.00, Up $1.50
- Bank of Japan's shocking move to negative interest rates this morning caused a stampede into U.S. bonds and is great news for pricing.
- Core Durable Goods Report was much weaker than expected and these results are typically positive mortgage pricing.
- FOMC: Leaves Key Interset Rate Unchanged: The market is viewing this as telegraphing no rate hike in March and this is generally good for mortgage pricing but this is bascially what was expected and not a shock to the system.
- January Consumer Confidence 98.1 versus estimate of 96.5. The Consumer Confidence is a very strong reading and under "normal" circumstances would cause mortgage rate prices to worsen. Currently, oil pricing and a pause before the Fed meeting is providing good price support.
- Japan adopts negative interest rate in surprise move
- Mortgage industry divided over cuts to FHA mortgage insurance.
- 319 Square-Foot Revolutionary Tiny Home Sleeps Eight People.
- Are FICO scores becoming a thing of the past?
- Its a great tome to buy a home.
- Utah real estate company charged with operating $28 million Ponzi scheme
- Rising Home Equity, Outstanding Mortgage Debt Indicate a Healthy Housing Market
- HomeReady Mortgage Could Make Many New Homeowners in 2016
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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