Nevada Real Estate >> Las Vegas Real Estate Specialist: California: Del Mar

Current mortgage rate trends 4-7-11 mortgages Del Mar

 Mortgage rates started off lower in morning trading but then got slightly worse by afternoon.  Inflation is trickling into prices but not enough to deter a sell off of bonds.  Signs of an improving economy will usually push mortgage rates higher while bad economic news will usually push mortgage rates lower.  Bad news is good news for mortgage rates and the selling of bonds happens when there is good economic news.

Current mortgage rate trends for those seeking mortgages in Del Mar are looking good if buying a home or refinancing an existing home. Mortgage rates may remain at their current level for a few months but do not be fooled, mortgage rates will definitely go higher. 

India, China, Europe are all raising their interest rates and we are soon to follow. If you are still thinking about buying or refinancing you may think yourself out of affordability if you don't act in the next few months.  Contact us for your mortgage needs.

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This is not a guarantee to lend.  Rates subject to change without notice. 

Nevin Williams II

Sierra Pacific Mortgage Company Phone: 888-206-5781 (919) 863-4370

nevin.williams@sierrapacificmortgage.com

NMLS #: 69651

 

5500 McNeely Dr #103 Raleigh NC 27612

Company NMLS # 1788 | www.nmlsconsumeraccess.org

Rates, terms and programs subject to change based on market conditions and borrower eligibility

Licenses – Sierra Pacific Mortgage Company, Inc. is licensed in the following States:
North Carolina, Mortgage Branch License NMLS License # L-127865-113, Virginia MC – 5275
Licensed in California by the Department of Business Oversight under the Residential Mortgage Lending Act # 417-005
Rates subject to change without notice.  This is not a commitment to lend. Equal Housing Lender.

Sierra Pacific Mortgage may not be the lender for all products offered on this website.  Some loans may be made by a lender with whom Sierra Pacific has a business relationship.

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Comment balloon 0 commentsNevin Williams • April 08 2011 09:17PM
Current mortgage rate trends 4-7-11 mortgages Del Mar
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