Latest from the Mortgage Blog

Giuseppe's Mortgage Market Update for 8/2/2013

http://www.youtube.com/watch?v=xM5lc6P2GeQ

Mortgage Market Update for 7/26/2013

http://www.youtube.com/watch?v=sYVsSdOlVYo

Giuseppe's Mortgage Market Update for 7/19/2013

http://www.youtube.com/watch?v=tiF7Gwe2tak

Giuseppe's Mortgage Market Update for 7/5/2013

http://www.youtube.com/watch?v=psUv3njw_eA

Giuseppe's Mortgage Market Update for 6/28/2013

http://youtu.be/lsTqBOe2UAE

Rates Spike 0.5% During Last Week

I was not kidding when I said the rate movement higher was violent and historic - 0.5% in one week is no fun. Keep in mind this rate is with a 1% origination fee/discount point. To put things in perspective though, April 2000, the 30 year fixed was 8.5%.

http://money.cnn.com/2013/06/27/real_estate/mortgage-interest/index.html