MORTGAGE INTEREST RATE LOCK ADVISORY February 3, 2014  9:30 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: FLOAT The cost for a 3.50% rate based on Mortgage Backed Securities is down 0.30 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     Freddie Mac National Average: 30-Yr Fixed Mortgage Rate down 0.07% to 4.32% on Jan. 30 MBS (3.5%) - Currently 101.88, High: 101.95, Low: 100.32 DJI Stocks currently $15,478.38, Down $-220.47, Change -1.424% Asian & European Stock Market Indexes changed -1.903% Crude Oil (WTI) Currently $96.56 - Change -0.95% Gold 1 Once - $1,259.16   REAL ESTATE & MORTGAGE NEWS How to Avoid the Closing Cost Surprise Are you clients receiving accurate closing cost estimate... 02/03/2014

Drainage Issues Can kill A Real Estate Transaction PART 2 That old adage that "PICTURES SAY A THOUSAND WORDS" plays out very well in this series so I'm going to let the photos do a lot of the talking.     Drainage issues are not to be taken lightly. What looks like something that really means nothing to the average homeowner, buyer, real estate professional or lender can end up becoming a devastating disaster. The clogged and partially buried drain above cost this homeowner their home and led to a multi-million dollar class action lawsuit, two mold related deaths and a couple of dozen homeowners thier homes.    In Part I we addressed the need to be aware of drainage issues and how to identify them. In Part 2 we will discuss some other tell tale signs to look for and how to deal with the... 01/28/2014

Escondido Homes for Sale - What Happened in the Escondido Real Estate Market in December 2013?   Escondido is an inland community, about 17 miles from the coast and just east of San Marcos. Like its neighbors, San Marcos, Vista and Oceanside, Escondido has seen fairly significant shifts in the real estate market with a large number of short sales and foreclosures, although that has shifted in the last year in a positive direction.   As a buyer or seller in the Escondido real estate market, understanding recent trends and current market conditions is essential so you can make informed decisions about Escondido homes for sale; media reports focus on general market conditions and therefore will not provide an accurate picture of the local Escondido real estate market.   READ MORE:     A To... 01/19/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 17, 2014  4:45 PM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: NEUTRAL The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.20 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     Gold 1 Once - $1,299.40 Freddie Mac National Average: 30-Yr Fixed Mortgage Rate down 0.10% to 4.41% on Jan. 16 MBS (4%) - Currently  104.08, High: 104.08, Low: 103.88 DJI Stocks currently $16,458.56,  Up $11.55, Change 0.376% Asian & European Stock Market Indexes changed 0.235% Crude Oil (WTI) Currently $94.25 - Change 0.31% REAL ESTATE & MORTGAGE NEWS   Mortgage Rates Edge Back Down to 6-Week Lows     Mortgage rates moved lower for the second day in a ... 01/17/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 17, 2014  8:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: NEUTRAL The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.19 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     Gold 1 Once - $1,249.68 Freddie Mac National Average: 30-Yr Fixed Mortgage Rate down 0.10% to 4.41% on Jan. 16 MBS (4%) - Currently  104.07, High: 104.07, Low: 103.88 DJI Stocks currently $16,478.95,  Up $61.94, Change 0.376% Asian & European Stock Market Indexes changed 0.235% Crude Oil (WTI) Currently $94.25 - Change 0.31% REAL ESTATE & MORTGAGE NEWS   Mortgage Rates Retreat on Weak Economic News  By: Tory Barringer - December's discouraging jobs repo... 01/17/2014

  Nationwide Engineer's Certification For HUD Manufactured Homes   One of the most commonly requested documents by Real Estate Professionals, loan officers, processors and underwriters is a site-specific certification report (aka Engineer's Certification) by a Professional Engineer certifying that a manufactured home's foundation meets the requirements set forth in HUD's Permanent Foundations Guide For Manufactured Housing, dated September 1996.   Site specific means that the home is uniquely identified in the report by address, type of foundation and HUD label numbers. Along with the foundation, the certification usually includes language specifying that the home is in its original location and has not been moved other than from factory or dealer's lot and that none of the modificatio... 01/16/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 16, 2014  9:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.26 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     Freddie Mac National Average: 30-Yr Fixed Mortgage Rate down 0.10% to 4.41% on Jan. 16 MBS (4%) - Currently  103.91, High: 103.92, Low: 103.62 DJI Stocks currently $16,417.01,  Down $-64.93, Change -0.396% Asian & European Stock Market Indexes changed -0.447% Crude Oil (WTI) Currently $94.05 - Change -0.13% Gold 1 Once - $1,241.90 REAL ESTATE & MORTGAGE NEWS ARMs regain popularity as prices, rates rise  In November, 11.2% of homes bought with loans carried... 01/16/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 15, 2014  6:30 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is up 0.21 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.02% to 4.51% on Jan. 9 MBS (4%) - Currently 103.49, High: 103.72, Low: 103.41 DJI Stocks currently $16,388.47, Up $14.61, Change 0.089% Asian & European Stock Market Indexes changed 1.129% Crude Oil (WTI) Currently $92.99 - Change 0.43% Gold 1 Once - $1,235.95   REAL ESTATE & MORTGAGE NEWS Survey Reveals Mixed Expectations for Home Prices, Credit Access   By: Tory Barringer - A recently launched survey... 01/15/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 14, 2014  8:55 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is up 0.33 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.02% to 4.51% on Jan. 9 MBS (4%) - Currently  103.78, High: 104.14, Low: 103.76 DJI Stocks currently $16,319.91,  Up $61.97, Change 0.38% Asian & European Stock Market Indexes changed -0.695% Crude Oil (WTI) Currently $92.01 - Change 0.23% Gold 1 Once - $1,244.15 REAL ESTATE & MORTGAGE NEWS 1st home buyers continue decline in home mortgage market First home buyers now make up the smallest proportion of ... 01/14/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 13, 2014  2:30 PM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: FLOAT The cost for a 4.00% rate based on Mortgage Backed Securities is Down 0.43 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.02% to 4.51% on Jan. 9 MBS (4%) - Closed at:  104.13, High: 104.19, Low: 103.69 DJI Stocks closed at $16,257.94,  Down $-179.11, Change -1.102% Asian & European Stock Market Indexes changed 0.465% Crude Oil (WTI) Currently $91.58 - Change -1.23% Gold 1 Once - $1,252.51 REAL ESTATE & MORTGAGE NEWS   Mortgage Rates Back to Late November Levels By Matthew Graham - Mortgage rates continued lower at a fa... 01/13/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 13, 2014  9:30 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: FLOAT The cost for a 4.00% rate based on Mortgage Backed Securities is Down 0.32 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.02% to 4.51% on Jan. 9 MBS (4%) - Currently  104.02, High: 104.05, Low: 103.69 DJI Stocks currently $16,372.09,  Down $-64.96, Change -0.397% Asian & European Stock Market Indexes changed 0.465% Crude Oil (WTI) Currently $91.97 - Change -0.81% Gold 1 Once - $1,250.00 REAL ESTATE & MORTGAGE NEWS Everything You Need to Know About the New Mortgage Rules  By K athryn Buschman -.New mortgage regulations ... 01/13/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 9, 2014  6:30 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is Up 0.04 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is up 0.05% to 4.53% on Jan. 2 MBS (4%) - Currently 103.2, High: 103.29, Low: 103.1 DJI Stocks currently $16,508.72, Up $45.98, Change 0.279% Asian & European Stock Market Indexes changed 0.133% Crude Oil (WTI) Currently $92.64 - Change 0.34% Gold 1 Once - $1,225.22   REAL ESTATE & MORTGAGE NEWS Homebuyer Demand Plummets in December Tory Barringer - Homebuyer demand experienced a sharp downturn as the book closed... 01/10/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 10, 2014  10:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is Down 0.78 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.02% to 4.51% on Jan. 9 MBS (4%) - Currently  103.67, High: 103.78, Low: 102.88 DJI Stocks currently $16,403.90,  Down $-40.86, Change -0.249% Asian & European Stock Market Indexes changed 0.457% Crude Oil (WTI) Currently $92.50 - Change 0.92% Gold 1 Once - $1,246.18 REAL ESTATE & MORTGAGE NEWS New Mortgage Rules Roll Out - What Will Be the Impact? New mortgage rules take effect Friday that set out t... 01/10/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 8, 2014  8:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is Up 0.23 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is up 0.05% to 4.53% on Jan. 2 MBS (4%) - Currently 103.27, High: 103.5, Low: 103.23 DJI Stocks currently $16,462.87, Down $-68.07, Change -0.413% Asian & European Stock Market Indexes changed 0.695% Crude Oil (WTI) Currently $93.52 - Change -0.16% Gold 1 Once - $1,222.04  REAL ESTATE & MORTGAGE NEWS Consumer Attitudes on Housing Recover   By: Tory Barringer - Consumer attitudes about housing ended 2013 on solid ... 01/08/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 7, 2014  9:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is Down 0.18 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is up 0.05% to 4.53% on Jan. 2 MBS (4%) - Currently  103.43, High: 103.44, Low: 103.23 DJI Stocks currently $16,537.49,  Up $112.39, Change 0.68% Asian & European Stock Market Indexes changed 0.815% Crude Oil (WTI) Currently $94.01 - Change 0.62% Gold 1 Once - $1,227.26 REAL ESTATE & MORTGAGE NEWS What to watch out for in the 2014 MBS market Road ahead for investors remains uncertain amid QRM regulatory indecis... 01/07/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 6, 2014 9:45 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is Down 0.26 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is up 0.05% to 4.53% on Jan. 2 MBS (4%) - Currently  103.29, High: 103.3, Low: 103.02 DJI Stocks currently $16,416.50,  Down $-53.49, Change -0.326% Asian & European Stock Market Indexes changed -0.289% Crude Oil (WTI) Currently $93.59 - Change -0.39% Gold 1 Once - $1,241.46 REAL ESTATE & MORTGAGE NEWS Sellers Continue to Lose High Ground   Reports from Redfin agents indicate the fourth quarter was a rough one f... 01/06/2014

Questions About Manufactured Home Engineer's Certification - HUD Guidelines Part 4   One of the requirements of all FHA-insured loans and some VA loans is that an engineer certify that the manufactured home's foundation comply with THE PERMANENT FOUNDATION GUIDE FOR MANUFACTURED HOMES (PFGMH), dated September 1996 with a written site-specific letter, stamped with his/her Seal.      The Engineer's Certification generally identifies the home by its HUD Label numbers and states the type of foundation system that is supporting the home as well as addresses ventilation, dead loads, snow loads, wind loads, seismic loads and the impact of any modifications, alterations and additions to the home such as attached porches, decks, garages, new roof or other additions.   PLEASE NOTE:  If the founda... 01/06/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 2, 2014  7:55 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.15 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is up 0.01% to 4.48% on Dec. 26 MBS (4%) - Currently  103.13, High: 103.22, Low: 102.89 DJI Stocks currently $16,489.23,  Down $-87.43, Change -0.53% Asian & European Stock Market Indexes changed -0.188% Crude Oil (WTI) Currently $96.59 - Change -1.86% Gold 1 Once - $1,224.01 REAL ESTATE & MORTGAGE NEWS More Than Half of Americans Feel They Will be Better Off Next Year The December poll hosted on the National F... 01/01/2014

MORTGAGE INTEREST RATE LOCK ADVISORY December 30, 2013  10:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.35 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     Gold 1 Once - $1,205.02 National Average for 30-Yr Fixed Mortgage Rate is up 0.01% to 4.48% on Dec. 26 MBS (4%) - Currently  103.2, High: 103.28, Low: 102.84 DJI Stocks currently $16,477.96,  Down $-0.45, Change -0.003% Asian & European Stock Market Indexes changed 0.124% Crude Oil (WTI) Currently $99.34 - Change -0.98% REAL ESTATE & MORTGAGE NEWS Looser Credit Could Make 2014 a Very Good Year  We are hearing that 2014 could be a breakout year for the U.... 12/30/2013

MORTGAGE INTEREST RATE LOCK ADVISORY December 27, 2013  9:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.07 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is up 0.01% to 4.47% on Dec. 26 MBS (4%) - Currently  102.96, High: 103.05, Low: 102.69 DJI Stocks currently $16,474.86,  Down $-5.02, Change -0.03% Asian & European Stock Market Indexes changed 0.899% Crude Oil (WTI) Currently $100.41 - Change 0.86% Gold 1 Once - $1,213.00 REAL ESTATE & MORTGAGE NEWS 7 Reasons You May Want to Fire Yourself As real estate and mortgage salespeople, we're pretty much our own bo... 12/27/2013