A decline in stocks has lifted Mortgage Backed Securities this mornng after a great day yesterday. Today's economic data had little impact. December Core PCE Inflation increased 0.1% from November, matching the consensus, and it was just 1.2% higher than one year ago. Personal Income was flat, which was a little below the consensus.  Chicago PMI declined to 59.5, matching expectations. Consumer sentiment also came in higher than expected. Today is Ben Bernanke's last day as a member of the Fed. Janet Yellen will now take over as Fed Chair, and she is expected to maintain similar policies. As a result of the above economic activity, pricing has opened 0.250 BETTER to the points/credits associated with each interest rate option. This daily mortgage interest rate report is designed to prov... 01/31/2014

  Kyle Whissel | Whissel Realty | (619) 618-7997   13016 Ashgate Pl, Poway, CA 92064 Charming Poway Home!!! Great location on a cul-de-sac street, backs up to open space in a great neighborhood! Lovely kitchen with custom cabinets, granite counter tops, stainless steel appliances and recessed canned lighting. All bedrooms have custom closets, both bathrooms completely remodeled with tiled showers and modern vanities. New flooring throughout, dual pane windows and updated lighting fixtures. Amazing home situated in the award winning Poway Unified School District! 3BR/2BA Single Family House   offered at $429,900 Year Built 1970 Sq Footage 1008 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 6,000 sqft HOA/Maint $0 per month   Poway see additional photos bel... 01/09/2014

MORTGAGE INTEREST RATE LOCK ADVISORY January 3, 2014  9:30 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 down 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  103.02, High: 103.05, Low: 102.87 DJI Stocks currently $16,461.49,  Up $20.14, Change 0.122% Asian & European Stock Market Indexes changed 0.66% Crude Oil (WTI) Currently $94.46 - Change -1.03% Gold 1 Once - $1,237.70 REAL ESTATE & MORTGAGE NEWS Home Prices See Meager Growth in Alternate October Index By: Tory Barringer - While the S&P Case-Shiller Home Price... 01/03/2014

It has been a fairly quiet morning thus far in relation to market movement. November Core PCE inflation matched the consensus with an increase of 0.1% from October (only 1.1% higher than 1 year ago). Personal income came in weaker than expected. Consumer sentiment also came in slightly below expectations. The Dow is up 75 points, mortgage pricing is +/- .125 from Friday's close. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted... 12/23/2013

MORTGAGE INTEREST RATE LOCK ADVISORY December 20, 2013 8:15 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 0.22 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 4.47% on Dec. 19 MBS (3.5%) - Currently  103.18, High: 103.18, Low: 102.81 DJI Stocks currently $16,247.61,  Up $68.53, Change 0.422% Asian & European Stock Market Indexes changed 0.393% Crude Oil (WTI) Currently $98.98 - Change -0.06% Gold 1 Once - $1,205.19 REAL ESTATE & MORTGAGE NEWS 2014 Forecast: The Year of the Repeat Buyer Awaits  By Krista Franks Brock - As prices continue rising in the ... 12/20/2013

MORTGAGE INTEREST RATE LOCK ADVISORY December 18, 2013  9:30 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 0.26 point 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is up 0.04% to 4.42% on Dec. 12 MBS (3.5%) - Currently  99.82, High: 100.09, Low: 99.64 DJI Stocks currently $15,907.57,  Up $32.31, Change 0% Asian & European Stock Market Indexes changed 1.149% Crude Oil (WTI) Currently $97.43 - Change 0.22% Gold 1 Once - $1,230.60 REAL ESTATE & MORTGAGE NEWS Mortgage Rates to Take Big Hit from GSE Fee Hikes  by Ted Rood - As loan officers and borrowers prepare for the Federa... 12/18/2013

One of the Best Things Living in a 92064 Poway CA Home Photo of Lake Poway by Phil Konstantin from Wikimedia.org Here's an excellent reason for you to move in to a 92064 Poway CA Home. The beautiful neighborhood of Poway offers a lot to its residents and one of the best things would be its closeness to nature. Poway, also known as "The City in the Country" is home to many parks, reserves and hiking trails that would keep you in an active lifestyle and bring you closer to the wonders of nature. These are just some of the places worth visiting in Poway CA 92064: Aubrey Park Blue Sky Ecological Reserve Old Poway Park Starridge Park Poway Community Park Lake Poway There are several 92064 Poway CA Homes that are a short distance to these parks, reserves and hiking trails. Almost all of them ... 12/10/2013

MORTGAGE INTEREST RATE LOCK ADVISORY November 26, 2013  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 down 0.09 point    30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.13% to 4.22% on Nov 21,.  MBS (3.5%) - Currently  101.24, High: 101.3, Low: 101.11    DJI Stocks currently $16,089.53,  Up $16.99, Change 0.106%    Asian & European Stock Market Indexes changed -0.294%    Crude Oil (WTI) Currently $94.11 - Change 0.02%    Gold 1 Once - $1,245.94 REAL ESTATE & MORTGAGE NEWS October Pending Home Sales Down 0.6%   By: Tory Barringer - Pending home sales slipped a bi... 11/25/2013

MORTGAGE INTEREST RATE LOCK ADVISORY November 13, 2013  :7:30 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 0.35 point It appears the MBS market has the possibility of a pullback after a good run 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is up 0.06% to 4.16% on Nov 7,. MBS (3.5%) - Currently 100.55, High: 100.69, Low: 100.434 DJI Stocks currently $15,680.16, Down $-70.51, Change -0.45% Asian & European Stock Market Indexes changed -0.672% Crude Oil (WTI) Currently $93.76 - Change 0.77% Gold 1 Once - $1,272.03   MORTGAGE & REAL ESTATE NEWS   Third-Quarter ... 11/12/2013

Mortgage rates climbed slightly overnight due to the combination of weekly jobless claims climbing far above expectations, and indications of progress towards ending the Government shutdown. Pricing opened roughly 0.250 - 0.375 worse for all points/credits associated with each available interest rate. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE T... 10/10/2013

MORTGAGE INTEREST RATE LOCK ADVISORY September 30, 2013  :1:00 PM 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 0.03 point Rates look like they will continue up for the foreseeable future. Lock on any improvement 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.18% to 4.32% on Sept. 26,. MBS (3.5%) - Currently 101.9, High: 101.94, Low: 101.59 DJI Stocks closed at $15,129.67, Down $-128.57, Change -0.85% Asian & European Stock Market Indexes changed -1.133% Crude Oil (WTI) Currently $102.47 - Change -0.39% Gold 1 Once - $1,328.24 REAL ESTATE & MORTGAGE NEWS... 09/30/2013

The impasse in Congress on the budget and debt ceiling talks remains, which has hurt stocks and provided a small boost to Mortgage Backed Securities. Pricing is on average 0.125 - 0.250 better today (in terms of points/credits). This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relation... 09/30/2013

As always, our formula for hiring a great team member is to research 5, interview 3, and hire 1 person to work for you.  You may have received great recommendations from friends and family members, and you might feel comfortable with the first agent that you interview.  If so, hire her on the spot; and that’s fine, too.As we discussed, a real estate agent may have been faithfully sending you email alerts for the past several months. If so, I would encourage you to interview her first and give her the first opportunity to work for you, since she has already proven that she can do a great job for you.During your transaction, if you have a problem with your agent, you should talk to the agent’s broker.  If it’s still not resolved, you can contact their local Realtor® association.  That’s a... 09/27/2013

A lack of progress in the debt ceiling talks have hurt stocks and helped Mortgage Backed Securities (MBS) again this morning. Pricing opened with an average improvement of 0.125 - 0.250 to points/credits (not rates). This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between... 09/27/2013

MORTGAGE INTEREST RATE LOCK ADVISORY September 23, 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 0.20 point Rates look like they will continue up for the foreseeable future. Lock on any improvement 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.07% to 4.50% on Sept. 19,. MBS (4%) - Currently 104.15, High: 104.16, Low: 103.88 DJI Stocks currently $15,394.64, Down $-56.45, Change -0.367% Asian & European Stock Market Indexes changed -0.443% Crude Oil (WTI) Currently $103.49 - Change -1.2% Gold 1 Once - $1,328.55   REAL ESTATE & MORTGAGE NEWS Trulia Repo... 09/23/2013

Wednesday's "banner day" was unfortunately followed by a paltry 28 basis point correction on Thursday. Today has been fairly flat due to the absence of any economic reports. This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with THE TRUTH... 09/20/2013

We are coming off one of the worst weeks in years for mortgage rates (rivaled only by the week we had in mid-June). The market opened favorably today, but speculation looms over what to expect for the rest of the week. See charts below for details... This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Profesionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below. Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help u... 09/09/2013

Well, the dog days of summer are almost over, although Mother Nature has not received the memo yet, since we are still having some warm humid days.  That’s okay though, because the Poway community is ready to get on their cowboy hats and celebrate being one the greatest cities known for being a little bit country in the county of San Diego, California. The Poway Days events begin tomorrow with a 5K Fun Run/one mile walk, “Walk in the Park” and don’t forget the Pancake Breakfast in the Community Park. Go Kiwanis! Then there’s the Parade at 9am, it should be a festive day yahoo! Of course, there is the 41st Annual Poway Rodeo that starts on September 27th at the Poway Valley riders Association grounds. It’s always a big turnout as we have many horse enthusiasts that saddle up in the area.... 09/06/2013

MORTGAGE INTEREST RATE LOCK ADVISORY September 5 2013  :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 0.25 point Rates look like they will continue up for the foreseeable future. Lock on any improvement 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.07% to 4.51% on August 29,. MBS (4%) Currently 102.14, High: 102.38, Low: 102.08 DJI Stocks currently $14,973.42, Up $42.55, Change 0.284% Asian & European Stock Market Indexes changed 0.277% Crude Oil (WTI) Currently $107.98 - Change 0.7% Gold 1 Once - $1,390.92   MORTGAGE and REAL ESTATE NEWS   The CFPB.is Here ... 09/04/2013

MORTGAGE INTEREST RATE LOCK ADVISORY September 4 2013  :11:40 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 0.35 point Rates look like they will continue up for the foreseeable future. Lock on any improvement 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate is down 0.07% to 4.51% on August 29,. MBS (4%) Currently  102.38, High: 102.83, Low: 102.38 DJI Stocks currently $14,933.21,  Up $99.25, Change 0.665% Asian & European Stock Market Indexes changed -0.129% Crude Oil (WTI) Currently $107.01 - Change -1.41% Gold 1 Once - $1,390.50 MORTGAGE and REAL ESTATE NEWS     Home Prices... 09/04/2013