Mortgage Rate Update 7-9-13: Trends Projections & Today's Best Rates
By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
All the information about Mortgage Rates you will need all wrapped up into one convenient daily report. On the heals of Friday's debacle, we had a nice bounce back day yesterday with a 50 basis point improvement. We begin Tuesday in positive territory, but remain cautious on locking short term. Pricing is expected to improve by roughly 0.125 - 0.250 to points/credits with most Lenders as the market opens today. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired. To make ...
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