Mortgage Rate Update 10-7-13: Trends Projections & Today's Best Rates
By Jason E. Gordon, Sr Loan Officer, CMA, CMPS, CDLP, CDRE, RCSD, CDPE
(CMG Mortgage, San Diego, CA)
Although pricing opened today with a slight improvement over Friday's close, a mid-day "worsening" to pricing was published from Banks across the country this afternoon. On average, pricing got 0.125 - 0.250 worse to the points/credits for each interest rate. 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 things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (...
Comments
1