MORTGAGE INTEREST RATE LOCK ADVISORY August 30, 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 down  0.09 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 103.29, High: 103.33, Low: 103.19 DJI Stocks currently $14,842.33, Up $1.38, Change 0.009% Asian & European Stock Market Indexes changed -0.541% Crude Oil (WTI) Currently $107.86 - Change -0.86% Gold 1 Once - $1,393.77   MORTGAGE and REAL ESTATE NEWS         Nation... 08/29/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 28, 2013  :2:00 PM 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 closed up  0.39 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 up 0.18% to 4.58% on August 22,. MBS (4%) Closed at:  103.12, High: 103.55, Low: 102.98 DJI Stocks closed at $14,824.51,  Up $48.38, Change 0.326% Asian & European Stock Market Indexes changed -0.297% Crude Oil (WTI) Closed at $109.69 - Change -0.37% Gold 1 Once - $1,417.40 MORTGAGE and REAL ESTATE NEWS         Shado... 08/28/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 27, 2013  11:10 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  0.28 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 up 0.18% to 4.58% on August 22,. MBS (4%) Currently  103.45, High: 103.48, Low: 103.16 DJI Stocks currently $14,811.26,  Down $-135.2, Change -0.913% Asian & European Stock Market Indexes changed -1.784% Crude Oil (WTI) Currently $108.89 - Change 2.8% Gold 1 Once - $1,413.95 MORTGAGE and REAL ESTATE NEWS         Nation... 08/27/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 22, 2013  :2:30 PM 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 0.08 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 up 0.18% to 4.58% on August 22,. MBS (4%) Closed at:  102.17, High: 102.22, Low: 101.98 DJI Stocks closed at $14,963.74,  Up $66.19, Change 0.442% Asian & European Stock Market Indexes changed 1.275% Crude Oil (WTI) Currently $105.03 - Change 1.14% Gold 1 Once - $1,375.18 MORTGAGE and REAL ESTATE NEWS        Existing-ho... 08/22/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 21, 2013  :4:00 PM 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 0.48 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 unchanged at 4.40% on August 15,. MBS (4%) Closed at:  102.08, High: 102.65, Low: 102.01 DJI Stocks closed at $14,897.55,  Down $-105.44, Change -0.708% Asian & European Stock Market Indexes changed -0.481% Crude Oil (WTI) Closed at $103.61 - Change -0.23% Gold 1 Once - $1,355.30 MORTGAGE and REAL ESTATE NEWS     DOJ and ... 08/21/2013

Surprising economic adversity in India is significantly hurting the Rubee. The ripple effect back to America is positive for mortgage rates, as we opened strongly today...effectively erasing the carnage from yesterday. That said, it is early...and the market remains highly volatile. 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 KNO... 08/20/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 19, 2013  :2:30 PM 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 0.51 point Today's MBS Market deteriorated from the opening bell and many lenders posted midday price increases. First warning was posted at 9:00 AM at RATE LOCK ADVISORY 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 unchanged at 4.40% on August 15,. MBS (3.5%) Closed at:  98.54, High: 99.12, Low: 98.41 DJI Stocks closed at $15,010.74,  Down $-70.73, Change -0.471% Asian & Euro... 08/19/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 18, 2013  10:30 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 closed Friday up 0.47 point Friday prices deteriorated and lenders repriced for worse beginning about 11:00 AM.  If you were watching my web site you would have been warned at 9:40 AM. 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 unchanged at 4.40% on August 15,. MBS (3.5%) - 98.95, High: 99.59, Low: 98.81 DJI Stocks closed at $15,103.59,  Down $-8.6, Change -0.057% Asian & European... 08/18/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 12, 2013  :3:45 PM 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 up 0.25 point Began the day down 0.23 and ended up 0.25.  Almost a half point swing.  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 up to 4.40% on August 8,. MBS (3.5%) Closed at:  100.69, High: 101.23, Low: 100.67 DJI Stocks closed at $15,419.68,  Down $-5.83, Change -0.038% Asian & European Stock Market Indexes changed -0.047% Crude Oil (WTI) Closed at $106.23 - Change 0.11% Gold 1 Once - $1,336.69 MORTGAGE and REAL ESTATE NEWS        Calif... 08/12/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 9, 2013  :12:00 PM 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 0.12 point Today would be a good day to lock.  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 up to 4.40% on August 8,. MBS (3.5%) Currently  100.96, High: 101,03, Low: 100.72 DJI Stocks currently $15,433.52,  Down $-64.8, Change -0.42% Asian & European Stock Market Indexes changed 0.35% Crude Oil (WTI) Currently $106.01 - Change 2.52% Gold 1 Once - $1,312.99 MORTGAGE and REAL ESTATE NEWS        Mortgage rates steady after period of volatili... 08/09/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 8, 2013  :1:00: PM 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 0.14 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 up to 4.40% on August 8,. MBS (3.5%) Currently  101.1, High: 101.24, Low: 100.9 DJI Stocks closed at $15,498.24,  Up $27.57, Change 0.178% Asian & European Stock Market Indexes changed 0.371% Crude Oil (WTI) Currently $103.55 - Change -0.79% Gold 1 Once - $1,312.17 MORTGAGE and REAL ESTATE NEWS       Americans Optimistic on Housing, Neutral on Economy  By Tory Barringer - American consumers... 08/08/2013

MORTGAGE INTEREST RATE LOCK ADVISORY August 7, 2013  :5:00 PM 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 closed today down 0.30 point 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 up to 4.39% on August 1,. MBS (3.5%) Closed at:  100.95, High: 100.98, Low: 100.64 DJI Stocks closed at $15,470.67,  Down $-48.07, Change -0.311% Asian & European Stock Market Indexes changed -0.821% Crude Oil (WTI) Closed at $104.20 - Change -0.16% Gold 1 Once - $1,282.42 MORTGAGE and REAL ESTATE NEWS       Home Prices Up 11.9% in June, More Double-Digit Gains Expected  By T... 08/07/2013

 MORTGAGE INTEREST RATE LOCK ADVISORY July 31, 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 4.00% rate based on Mortgage Backed Securities is up 0.43 point. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate declined to 4.31% on July 25. MBS (3.5%) Currently  100.13, High: 100.56, Low: 100.05 DJI Stocks currently $15,614.50,  Up $93.91, Change 0.601% Asian & European Stock Market Indexes changed -0.165% Crude Oil (WTI) Currently $103.56 - Change 0.47% Gold 1 Once - $1,308.63 MORTGAGE and REAL ESTATE NEWS    Eliminating Federal Tax Code for Mortgage Deduction Would Shrink Economy by $254 Billion Eliminating the federa... 07/31/2013

MORTGAGE INTEREST RATE LOCK ADVISORY July 23, 2013  :6:30 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 4.00% rate based on Mortgage Backed Securities is up 0.06 point. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate declined to 4.37% on July 18. MBS (4%) Currently: 104.19, High: 104.25, Low: 104.03 DJI Stocks currently $15,594.68, Up $49.13, Change 0.315% Asian & European Stock Market Indexes changed 0.744% Crude Oil (WTI) Currently $105.86 - Change -1.01% Gold 1 Once - $1,331.18  MORTGAGE NEWS    Analysts: Expect mortgage rates to rise, not soar By Brena Swanson - Mortgage rates shot up after the Fedsuggested a ... 07/22/2013

MORTGAGE INTEREST RATE LOCK ADVISORY July 12, 2013  4:30 PM PST Click for Updated Lock Advice    LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK ASAP The cost for a 4.00% rate based on Mortgage Backed Securities is down 0.05 point. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK ASAP    MARKET INDICATORS     National Average for 30-Yr Fixed Mortgage Rate jumped to 4.51% on July 11. MBS (4%) Closed at 103.29, High: 103.59, Low: 103.17 DJI Stocks closed at $15,464.30,  Up $3.38, Change 1.095% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Currently $104.62 - Change -1.78% Gold 1 Once - $1,279.90     MORTGAGE NEWS  Adjustable-Rate Mortgages Are Starting to Make a Big Comeback by Dan Caplinger -The dramatic rise in interest rates that h... 07/12/2013

MORTGAGE INTEREST RATE LOCK ADVISORY July 9, 2013  1:45 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 4.00% rate based on Mortgage Backed Securities is down 0.15 point.            Monday the 4.00% MBS closed down 0.93 point recovering some of Friday increase. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK  MARKET INDICATORS    National Average for 30-Yr Fixed Mortgage Rate jumped to 4.29% on July 5. MBS (4%) Current 103.21, High: 103.42, Low: 102.04 DJI Stocks closed at $15,300.34,  Up $75.65, Change 0.494% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Currently $104.00 - Change 0.83% Gold 1 Once - $1,251.46    MORTGAGE NEWS      May Experiences Lar... 07/09/2013

MORTGAGE INTEREST RATE LOCK ADVISORY July 1 2013  8:30 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% mortgage based on Mortgage Backed Securities are down 0.19 point. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK      MARKET INDICATORS    30-Yr Fixed Mortgage Rate jumped to 4.46% on June 27, up 0.53% MBS (3%) Current 101.67, High: 101.67, Low: 101.21 DJI Stocks currently $15,058.78,  Up $149.18, Change 0.991% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Currently $98.20 - Change 1.7% Gold 1 Once - $1,259.35   MORTGAGE NEWS      The Coming Week in Mortgage Land  This Week; its employment week for June data, in the meantime a few key reports will draw attention. The Ju... 07/01/2013

MORTGAGE INTEREST RATE LOCK ADVISORY June 28 2013  12:00 PM PST Click for Updated Lock Advice    LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities are up 0.04 point. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK      MARKET INDICATORS    30-Yr Fixed Mortgage Rate jumped to 4.46% on June 27, up 0.53% MBS (3%) Current 100.44, High: 100.95, Low: 100.44 DJI Stocks currently $14,946.23,  Down $-78.26, Change -0.524% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Currently $96.62 - Change -0.44% Gold 1 Once - $1,226.81   MORTGAGE NEWS   NAR Pending Home Sales Index Jumps in May By Mark Lieberman - The Pending Home Sales Index (PHSI) rose 6.7 percent in May to 112.3, its hig... 06/30/2013

MORTGAGE INTEREST RATE LOCK ADVISORY June 27 2013  3:00 PM PST Click for Updated Lock Advice    LOCK ADVISORY 7 Day Mortgage Interest Rate lock or Float Advice: LOCK The cost for a 3.50% mortgage based on Mortgage Backed Securities are down 0.79 points at closing. Many lenders reduced their prices midday. 30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK      MARKET INDICATORS    30-Yr Fixed Mortgage Rate jumped to 4.46% on June 27, up 0.53% MBS (3%) Closed at 101.49, High: 101.55, Low: 100.67 DJI Stocks closed at $15,024.49,  Up $114.35, Change 0.761% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Closed at $96.85 - Change -0.21% Gold 1 Once - $1,202.31    MORTGAGE NEWS   Mortgage Credit Availability Trends Upward in May  By Tory Barringer - A new index f... 06/27/2013

MORTGAGE INTEREST RATE LOCK ADVISORY June 24, 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 are up 0.16 points The cost of a 30 year 3.50% mortgage climbed 2.76 points from Wednesday to Friday of last week..  30 Day Mortgage Interest Rate Lock or Float Advice:  LOCK      MARKET INDICATORS    30-Yr Fixed Mortgage Rate rose to 3.93% on June 20, down 0.05% MBS (3%) Current 99.77, High: 100.41, Low: 99.27 DJI Stocks currently $14,637.12,  Down $-162.28, Change -1.109% Asian & European Stock Market Indexes changed -5.64% Crude Oil (WTI) Currently $94.09 - Change 0.43% Gold 1 Once - $1,277.51    MORTGAGE NEWS          Housing Seen Shrugging Off Rate Rise as Banks Loo... 06/24/2013