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Health & Fitness

Home price appreciation expected to continue

MORTGAGE INTEREST RATE LOCK ADVISORY
Sept. 24, 2013  :6:30 AM PST 
Click for Updated Lock Advice

LOCK ADVISORY

7 Day Mortgage Interest Rate lock or Float Advice:FLOAT with Caution

The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.08 point

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

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30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK 

 

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MARKET INDICATORS    

  • National Average for 30-Yr Fixed Mortgage Rate is down 0.07% to 4.50% on Sept. 19,.
    MBS (4%) - Currently 104.32, High: 104.42, Low: 104.22
    DJI Stocks currently $15,391.81, Down $-9.57, Change -0.062%
    Asian & European Stock Market Indexes changed 0.413%
    Crude Oil (WTI) Currently $102.78 - Change -0.78%
    Gold 1 Once - $1,309.36  

REAL ESTATE & MORTGAGE NEWS

Home price appreciation expected to continue 

Potential homebuyers show confidence in housing
Megan Hopkins - More than half of Americans, 55% to be exact, are confident that home prices will go up over the next 12 months, according to a new Bankrate.com report. Of those surveyed, 27% believe home prices will remain unchanged, while 9% anticipate a decline in home prices. >> Read More

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