San Diego Mortgage Group

Mortgages Rates are microscopically higher today, but there is little effect on Best-Execution rates and only minor affects on the closing costs associated with those rates.  In other words, the actual interest rate for any given scenario should be the same today as it was yesterday, although the origination cost would be slightly higher (or lender [...]

Mortgages Rates were flat to slightly improved today.  Most lenders improved pricing by very small amounts while a few were slightly worse than yesterday.  On average, rate offerings are in line with those seen yesterday and on Thursday of last week. Rates have been in great territory all week with the Best-Execution rate for 30yr Fixed [...]

Mortgages Rates continued to operate in the same range that has dominated the past three weeks although the closing costs associated with prevailing rates fell slightly.  The net effect is that rates are very slightly lower, very close to the best offerings of the week. Depending on your point of view, recent trends in mortgage rates have [...]

Mortgages Rates rose slightly today after hitting their lowest levels since late February yesterday.  While that leaves yesterday and 4/10 as two best days for mortgage rates over the past month and a half, today’s offerings are still better than those from the week ending 4/6.  The net effect leaves the Best-Execution Rate for 30yr Fixed [...]

After closing out the previous week with slight gains Mortgages Rates have done the same to begin the current week.  On average, this brings rates to their best levels since late February, however, rates were in similar territory on Tuesday 4/10.  The late February levels in question contained all time mortgage rate lows. Any time [...]

Mortgages Rates improved slightly today, but that slight improvement brings them close to the best levels of the week.  This also means rates continue to operate fairly close to all-time lows.  We’ve recently noted a greater-than-normal degree of stratification between lender offerings, but that reversed somewhat today.  That means you’re more likely to see comparable rate [...]

Mortgages Rates held their ground today and in many cases, carved out small improvements over yesterday’s offerings.  This keeps us in some of the best territory in recent months in terms of Best-Execution rates.  However, there continues to be a greater-than-normal variability between lender offerings.  Some lenders are responding to market movements with bigger changes than [...]

Recent improvements in Mortgages Rates hit a snag today, and rose to fall roughly in line with Friday’s levels.  However, with the exception of the past 3 days, Friday’s rate sheet offerings were the strongest since early March.  There continues to be a greater-than-normal variability between lender offerings. Yesterday’s rate sheets were strong enough for us to [...]

Mortgages Rates improved again today, though some lenders’ rates were little changed.  This marks the second day of moderate improvement and consolidation after a strong move lower by most lenders on Friday.  There’s a greater-than-normal variability between lender offerings, but in general, mortgage rates are near their best levels of the month. The Best-Execution Conventional 30yr Fixed Rate is probably best [...]

Mortgages Rates improved very slightly in most cases today, though some lenders’ rates were unchanged.  This follows a strong move lower by most lenders on Friday after a weaker-than-expected Jobs report.  There’s a greater-than-normal variability between lender offerings, but in general, mortgage rates are near their best levels of the month. The Best-Execution Conventional 30yr Fixed Rate [...]