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Mortgage Rate Update for the Week of June 14, 2010
Mortgage Market Update
Information in this post is provided by Greg Wickstrand, Home Loan Consultant for HomeServices Lending. He is a guest blogger who provides us information from a lender’s perspective. For additional posts by Greg, please visit his BLOG.
What’s Ahead for Mortgage Rates this Week: June 14, 2010
By: Greg Wickstrand
Mortgage markets posted four good days last week and one awful one. Unfortunately for rate shoppers , that one bad day outweighed the gains of the other four and mortgage rates worsened on the week overall.
Despite re-touching all-time lows on Tuesday and Wednesday, Conforming and FHA mortgage rates moved higher on the week.
There wasn’t much domestic data on which for mortgage markets to move so rates took their cues from global economic activity. Strong data from Japan and China, plus an improving outlook from the Eurozone, sparked optimism among Wall Street investors. Cash poured into the stock market and it happened at the expense of bonds — including the mortgage-backed ones. Read the rest of this entry »
Open House Today (6/13) in El Cerrito, San Diego from 1PM to 4PM
4670 Ashby Street, San Diego
Please come by and visit us today (Sunday, 6/13) from 1:00 PM to 4:00 PM at 4670 Ashby Street. This romantic 4 bedroom, 2 bath El Cerrito home is listed at $550,000. The master suite includes a large private walk out deck. This home’s unique design allows for a full wall of windows to accentuate the beautiful scene outside. See pictures of the living room, kitchen, bedroom, front patio, balcony and rear of home. For more information, please see the listing HERE.
As we specialize in buyers and do not list properties, we are holding this home open on behalf of the listing agent, Steven Cooper (DRE#01492746) with Prudential California Realty. To request a market update on this zip code or any zip code in San Diego County, please click HERE. If you have any questions, please feel free to contact us or call at 888.4NO.BULL (888.466.2855).
San Diego County Fair Starts Today
Can't Wait for Fair Food
I look forward to many events throughout the year and I must say that the San Diego County Fair is among the top of my list. There’s just something about the smell of the Del Mar ocean air mixed with fried foods of all shapes and kinds that keeps me coming back for more year after year. This year’s theme is “Taste the Fun” and I can guarantee that I will.
The San Diego County Fair (formerly known as the Del Mar Fair) runs from today, June 11 through Monday, July 5. Please note the fair is closed on June 14, 21 and 28. This fair began in 1880, has been held at the Del Mar Fairgrounds since 1936 and is the sixth largest fair in the United States according to the San Diego County Fair website. It is an important event to San Diego County as evident of last year’s attendance record of 1,274,442 people. Attractions include games and rides at the midway, shopping, exhibits and of course the food.
This year, as in most years, the fair has new food offerings. I will begin with the deep fried variety…Klondike ice cream bars, Pop Tarts and…butter? Read the rest of this entry »
