California Homebuyer’s Downpayment Assistance Program (CHDAP) Guideline Revisions Effective July 1, 2013 the California Homebuyer’s Downpayment Assistance Program (CHDAP) guidelines will be revised in anticipation of future CalHFA first mortgage loan programs. These revisions will streamline CalH...

06/21/2013

Mortgage Rates on Their Way Up

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MORTGAGE INTEREST RATE LOCK ADVISORY June 20, 2013 4:00 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities closed up 0.66 point Today and yesterday's mortgage rates were up a total of ...

06/20/2013

Update Mortgage Rates Annihilated; Brief History of All-Time Lows

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MORTGAGE INTEREST RATE LOCK ADVISORY June 20, 2013 9:30 AM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities are up 0.50 point Yesterday mortgage rates were annihilated with an upward mo...

06/20/2013

Mortgage Rates Annihilated; Brief History of All-Time Lows

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MORTGAGE INTEREST RATE LOCK ADVISORY June 20, 2013 6:45 AM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities are up 0.36 point Yesterday mortgage rates were annihilated with an upward mo...

06/19/2013

Largest Upward Rate Move in Years

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MORTGAGE INTEREST RATE LOCK ADVISORY June 19, 2013 2:30 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities closed up 1.20 points. During the day most lenders repriced for worse 30 D...

06/19/2013

Buying Cheaper Than Renting Til Mortgage Rates Hit 10.5%

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MORTGAGE INTEREST RATE LOCK ADVISORY June 19, 2013 2:30 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities closed up 1.20 points Expect lenders to reprice for worse 30 Day Mortgage In...

06/19/2013

Lawsuit: BofA Lied To Homeowners Seeking Loan Modifications

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MORTGAGE INTEREST RATE LOCK ADVISORY June 18, 2013 2:30 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities are down 0.01 point 30 Day Mortgage Interest Rate Lock or Float Advice: LOCK...

06/18/2013

The Week of June 17, 2013 in Mortgage Land

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MORTGAGE INTEREST RATE LOCK ADVISORY June 17, 2013 2:30 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities closed up 0.28 point. 30 Day Mortgage Interest Rate Lock or Float Advice: ...

06/17/2013

Rates Knock on the Four Percent Door

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MORTGAGE INTEREST RATE LOCK ADVISORY June 14, 2013 4:00 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities closed down 0.14 point 30 Day Mortgage Interest Rate Lock or Float Advice: LO...

06/15/2013

Nearly 850,000 Homes Return to Positive Equity in Q1

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MORTGAGE INTEREST RATE LOCK ADVISORY June 13, 2013 3:30 PM PST Click for Updated Lock Advice 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities closed down 0.59 point today 30 Day Mortgage Interest Rate Lock or Float Adv...

06/13/2013