MORTGAGE INTEREST RATE LOCK ADVISORY March 7, 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 3.50% rate based on Mortgage Backed Securities is up 0.32 point. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     Freddie Mac National Average: 30-Yr Fixed Mortgage Rate down 0.09% to 4.28% on Mar. 6 MBS (3.5%) - Currently 100.58, High: 100.99, Low: 100.41 DJI Stocks currently $16,448.84, Up $26.95, Change 0.164% Asian & European Stock Market Indexes changed -0.678% Crude Oil (WTI) Currently $102.38 - Change 0.81% Gold 1 Ounce - $1,337.95   REAL ESTATE & MORTGAGE NEWS Mortgage Rates Sharply Higher; More Volatility Ahead by Matthew Graham - Mortgage rates moved quickly hig... 03/07/2014

MORTGAGE INTEREST RATE LOCK ADVISORY March 6, 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 3.50% rate based on Mortgage Backed Securities is up 0.16 point. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     Freddie Mac National Average: 30-Yr Fixed Mortgage Rate down 0.09% to 4.28% on Mar. 6 MBS (3.5%) - Currently 100.83, High: 101.05, Low: 100.71 DJI Stocks currently $16,440.23, Up $80.05, Change 0.487% Asian & European Stock Market Indexes changed 0.64% Crude Oil (WTI) Currently $101.42 - Change -0.03% Gold 1 Ounce - $1,346.05   REAL ESTATE & MORTGAGE NEWS Finance Execs Maintain Cautious Optimism for 2014  By: Tory Barringer - A recent survey of senior leaders ... 03/06/2014

Nothing Made By Man Inc Man Himself That doesn't Have To Be Maintained     Having been a General & Manufactured Home Contractor as well as a Manufactured Home Dealer, Developer & Real Estate Broker for the past 3 decades I've come to realize that There's Nothing In This World Made By Man Including Man Himself That Doesn't Have To Be Maintained. This is especially true in the housing industry be it SITE or FACTORY BUILT.    MOLD especially BLACK MOLD can not just kill your deal. It can and has been known to kill people as well. As a CONSTRUCTION DEFECT EXPERT WITNESS I've been involved with several MOLD related health issues. A couple were even a result of a death. This is very serious and nothing to mess around with.   If you don't take care of your own home or have the financial wherew... 03/03/2014

Escondido Homes for Sale What Happened in the Escondido Real Estate Market in January 2014?   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 real estate market in Escondido, understanding recent trends and current market conditions is essential so you can make informed decisions about buying and selling Escondido homes; media reports focus on general market conditions and therefore will not provide an accurate picture of the local Escondido real estate market.   READ MORE... 02/20/2014

MORTGAGE INTEREST RATE LOCK ADVISORY February 14, 2014  8:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: FLOAT With Caution The cost for a 3.50% rate based on Mortgage Backed Securities is up 0.21 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     Freddie Mac National Average: 30-Yr Fixed Mortgage Rate up 0.05% to 4.28% on Feb 13 MBS (3.5%) - Currently 100.71, High: 100.96, Low: 100.67 DJI Stocks currently $16,088.56, Up $60.97, Change 0.379% Asian & European Stock Market Indexes changed 0.312% Crude Oil (WTI) Currently $99.76 - Change -0.59% Gold 1 Ounce - $1,317.22   REAL ESTATE & MORTGAGE NEWS   Applications Point to Spike in New Home Sales  By Tory Barringer - A survey of loan appli... 02/13/2014

MORTGAGE INTEREST RATE LOCK ADVISORY February 13, 2014  8:00 AM PST  Click for Updated Lock Advice     LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: FLOAT With Caution The cost for a 3.50% rate based on Mortgage Backed Securities is down 0.41 point 30 Day Mortgage Interest Rate Lock or Float Advice:  FLOAT    MARKET INDICATORS     Freddie Mac National Average: 30-Yr Fixed Mortgage Rate up 0.05% to 4.28% on Feb 13 MBS (3.5%) - Currently 100.89, High: 100.93, Low: 100.48 DJI Stocks currently $15,972.55, Up $8.61, Change 0.054% Asian & European Stock Market Indexes changed -0.827% Crude Oil (WTI) Currently $100.12 - Change -0.25% Gold 1 Ounce - $1,296.62   REAL ESTATE & MORTGAGE NEWS    Experts Predict Less Investor Activity, 4.5% Appreciation in 2014  By: Tory Barringe... 02/13/2014

MORTGAGE INTEREST RATE LOCK ADVISORY February 7, 2014  8:00 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 0.27 point 30 Day Mortgage Interest Rate Lock or Float Advice:  FLOAT    MARKET INDICATORS     Freddie Mac National Average: 30-Yr Fixed Mortgage Rate down 0.09% to 4.23% on Feb 6 MBS (3.5%) - Currently 101.54, High: 101.89, Low: 101.17 DJI Stocks currently $15,686.77, Up $58.24, Change 0.371% Asian & European Stock Market Indexes changed 0.981% Crude Oil (WTI) Currently $98.26 - Change 0.43% Gold 1 Ounce - $1,262.70     REAL ESTATE & MORTGAGE NEWS 1 in 6 Housing Markets Back to Pre-Recession Levels  by Jann Swanson - "Housing markets across the n... 02/07/2014

MORTGAGE INTEREST RATE LOCK ADVISORY February 4, 2014  8:00 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 up 0.29 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 101.69, High: 102.01, Low: 101.69 DJI Stocks currently $15,429.41, Up $56.61, Change 0.367% Asian & European Stock Market Indexes changed -0.887% Crude Oil (WTI) Currently $97.58 - Change 1.19% Gold 1 Ounce - $1,250.90   REAL ESTATE & MORTGAGE NEWS Construction Spending Inches Up in December, Touches 5-Year High   By: Tory Barringer - Construction s... 02/04/2014

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