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Health & Fitness

Shadow Inventory down 30 Percent Annually

MORTGAGE INTEREST RATE LOCK ADVISORY
August 28, 2013  :6:30 AM PST
 Click for Updated Lock Advice
 
LOCK ADVISORY

7 Day Mortgage Interest Rate lock or Float Advice: LOCK

The cost for a 4.00% rate based on Mortgage Backed Securities is up  0.38 point

Rates look like they will continue up for the foreseeable future. Lock on any improvement

Find out what's happening in Rancho Bernardo-4s Ranchfor free with the latest updates from Patch.

30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK 

MARKET INDICATORS    

Find out what's happening in Rancho Bernardo-4s Ranchfor free with the latest updates from Patch.

  • National Average for 30-Yr Fixed Mortgage Rate is up 0.18% to 4.58% on August 22,.
  • MBS (4%) Currently 103.17, High: 103.56, Low: 103.17
  • DJI Stocks currently $14,772.60, Down $-3.53, Change -0.024%
  • Asian & European Stock Market Indexes changed -0.848%
  • Crude Oil (WTI) Currently $110.35 - Change 1.23%
  • Gold 1 Once - $1,422.30 
MORTGAGE and REAL ESTATE NEWS      
Shadow Inventory down 30 Percent Annually By Jann Swanson - 
Delinquency rates and incidence of properties in foreclosure fell again in July, Lender Processing Services (LPS) reports, but more than 4.5 million mortgage loans remain in some category of distress. The company released a preview of its Mortgage Monitor reflecting conditions at the end of July, a key finding of which was a dramatic year-over-year decrease in the pre-sale foreclosure inventory. >>Read More

CONSUMER EDUCATION = CONSUMER PROTECTION 

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