No Bull Agent

Ken Kaplan discusses recent home price stats on Fox 5 San Diego

As seen on Fox 5 San Diego…

For questions about buying a home, please contact Ken at 888-466-2855.  Search for active homes in  San Diego and Southern California at www.NoBullAgent.com.

Tags: california, case-shiller index, economy, fox 5, home sales, ken kaplan, no bull agent, price increase, san diego

Mortgage Market Update: Volatile market makes locking best rate tough

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:  September 27, 2010
By:  Greg Wickstrand

Mortgage markets improved last week as markets digested a bevy of data from the housing sector, plus the scheduled Federal Open Market Committee meeting.

In back-and-forth trading, conforming mortgage rates bottomed out Wednesday before rising through Friday’s afternoon close. Rates still managed to eke out improvement on the week overall.

According to Freddie Mac, mortgage rates remain near their lowest levels of all time.

Despite low rates, however, rate shoppers are finding it a challenge to lock the “best price”. This is because Wall Street is conflicted about the future of the U.S. economy and, as a result, mortgage pricing has been extra volatile.

For as much data that points to economic growth, there are numbers that suggest a pullback, too. Traders are undecided in either direction and mortgage pricing reflects it. Read the rest of this entry »

Tags: california, case-shiller index, consumer confidence, market, mortgage rate, san diego