February 5, 2012

[Video] Is Real Estate in Walnut Creek Overpriced?

Is Real Estate in Walnut Creek Overpriced?

You can apply quickly by inquiring here

—————————————————-

Some of the Loan Options we Specialize in Are

Call or Email Us now for a Quick Approval and Personalized Quote 925-285-2172

Is the Real Estate in Walnut Creek overpriced? http://www.teamvip.coWalnut-Creek, Real-Estate, Overpriced, Team-Vip, Craig-Bosse

Whats Happening Today with Mortgage Rates 8/12/2011

Posted by Jason Wheeler | Fully Follow Me | Subscribe

Volatility shakes out the week of 8/12/2011 in the Mortgage Markets.

Rates on all loans are lower than they were this time last week What do you think is the long term trend in mortgages?

rate-trends-8-12-2011 

Chart from Investools.com

Here’s the weekly report according to the Wall Street Journal

Mortgage rates continued to slide this week and could be heading below 4%, some analysts say, which would be the lowest on record.

For the week ended Thursday, the 30-year fixed-rate loan averaged 4.32%, according to a Freddie Mac survey, and borrowers paid "points," or origination fees, equivalent to an average 0.7% of the loan amount. At current levels, mortgage rates are back near the 50-year lows set last fall.

————————————————————–

SF Gate Says… Fixed mortgage rates fell to at or near record lows. That’s good news for the few who can afford to buy a home or are able to refinance. But the rates have done little to lift the ailing housing market.

Freddie Mac said Thursday that the average rate for the 30-year fixed mortgage fell to 4.32 percent this week from 4.39 percent. The 30-year loan hit a record low of 4.17 percent in mid-November.

The average rate on a 15-year fixed mortgage, a popular refinancing option, fell to a record low of 3.50 percent, from last week’s record rate of 3.54 percent.

Mortgage rates tend to track the yield on the 10-year Treasury note. A weakening U.S. economy has led many investors to shift money from stocks to bonds, which are seen as safer bets. That has pushed Treasury yields to historic lows.

In theory, low mortgage rates should provide a boost to the troubled housing market. But rates have been below 5 percent for nearly two years and haven’t helped home sales much. Rates on the 30-year fixed loan were near 6.5 percent five years ago and higher than 8 percent in 2000.

Read More from SF Gate Here

—————————————————————

FacebookTwitter

What’s Happening In Real Estate and Mortgages Today

Posted by Jason Wheeler | Fully Follow Me | Subscribe

Rates continue to drop the week of July 29th 2011 for Contra Costa Mortgage applicants.

interest-rate-trends-7-29-11 

Chart from Investools.com

Heres the weekly report according to the Wall Street Journal

Mortgage rates in the U.S. were again little changed over the past week, as readings on the U.S. economy continued to show mixed signals, according to Freddie Mac’s weekly survey of mortgage rates.

"Macroeconomic data released this week were a mixed bag," said Freddie Mac Chief Economist Frank Nothaft. "On the positive side, the index of leading indicators in June rose for the second consecutive month, beating the market consensus forecast. Partly offsetting this, orders for durable goods were weaker than market expectations for the same month."

The 30-year fixed-rate mortgage averaged 4.55% for the week ended Thursday, up from 4.52% the previous week and last year’s rate of 4.54%. Rates on 15-year fixed-rate mortgages averaged 3.66%, flat from last week though down from 4% a year earlier.

Five-year Treasury-indexed hybrid adjustable-rate mortgages averaged 3.25%, down from 3.27% last week and 3.76% a year ago. One-year Treasury-indexed ARM rates averaged 2.95%, down from 2.97% in the prior week and 3.64% in the prior year.

To obtain the rates, 30-year fixed-rate mortgages required an average payment of 0.8 point, while 15-year fixed rates required an average 0.7 point payment. A point is 1% of the mortgage amount, charged as prepaid interest. Five-year adjustable rate mortgages required an average 0.6-point payment, while one-year adjustable rates required an average 0.5 point payment.

Artice By MIA LAMAR

—————————————————————

FacebookTwitter

Current Mortgage Rates and Loan Pricing in Contra Costa County California Real Estate

Posted by Jason Wheeler | Read our Feed


Legal, Effective, Credit Report Repair
Bank rates change daily and sometimes multiple times daily. See below for most up to date data on mortgage trends. If you would like pin point pricing you should email or call us anytime.

Powered by CA Mortgage Rates

Some of the Loan Options we Specialize in Are

Call or Email Us now for a Quick Approval and Personalized Quote 925-285-2172

Rates on the above trend chart show the AVERAGE mortgage rate currently in California. The rate on your loan scenario could be lower or higher than the posted average rate depending on different criteria and what lender we work with. For absolutely NO OBLIGATION email us and we will shop over 30 lenders in order to get you the best combination of rate and costs to close along with the criteria required to close your loan. In order to get your FREE Custom Quote just email us with:

  1. The Loan Amount you wish to qualify for
  2. The property you want to finance and weather you occupy it or not
  3. Reason for the loan ext… (lower my rate, take cash out, purchase a property)

Within 24 hours we will email you back with a custom quote that you can compare with other lenders like your personal bank or current broker. YOU DON’T EVEN HAVE TO CALL OR PROVIDE A PHONE NUMBER!

You can apply quickly by inquiring here

—————————————————————————-

Currently mortgage rates are lower than they have been in the last 50 years! If you have been on the fence on a refinance or looking to purchase a property in the East Bay Area, Pleasant Hill, Martinez, Walnut Creek, Concord or one of the surrounding cities in the SF Bay Area, we can help you close your loan fast and efficient with little to no closing costs at some of the best rates on the market today. We would like to educate you on the important steps of the mortgage process and we work with banks like Wells Fargo, Bank of America, and many smaller partners that offer great incentives and can often close in 30 days or less and we can help you qualify for tax credits and local government programs in the Bay Area.

The fact is that if you are currently searching for a 30 Year Fixed Mortgage or just looking for a shorter term loan like a 5 Year Arm, we will be able to compare mortgage rates and pricing with multiple banks so that you can benefit with the bet pricing on your mortgage refinance up to 125% of your appraised value or a strait home purchase on an REO or a foreclosure. There are many steps you must take to be successful when buying a home in the Bay Area. But the first thing you should do is get a good local quote from a mortgage broker that has the ability to shop and compare rates in the city that you are looking to finance in. Here are 10 essential tips to buying a home in the Bay Area

We do loans all over California however we specialize in the San Francisco Bay Area and Contra Costa County. We have several clients in Pleasant Hill, Martinez, Concord, Antioch, Walnut Creek, San Ramon, and Lafayette. If you are financing property in the east bay area don’t hesitate to get in touch with us now for a rate comparison.

Get in touch today for your free review!

Connect Online | Facebook | Twitter

Until Next time Here is to your success! Jason Wheeler 925-285-2172

Leave a Comment Below I Answer Each One!


 
 

Get Two FREE Valuable Books Today Before Leaving!
Cmon and try me if you don't see massive value you can unsubscribe whenever you want. Cheers!
Clifton's Lightbox Plugin