Mortgage rates started off worse than yesterday in early trading and continues to feel pressure due to reports of a strengthening economy and lowering gas prices. Signs of an improving economy is always bad for mortgage rates and vice versa.
Current mortgage rate trends for those seeking mortgages in Carlsbad are looking good if buying a home or refinance an existing home. I would suggest you take any improvement as a chance to get in during a lull because rates are headed higher.
If you plan on locking in the next 7 days I suggest you float cautiously. If more than 7 days I suggest you lock. Offering FHA, jumbo, conventional and VA mortgages in Carlsbad and throughout the state of California. We are one of the few remaining mortgage brokers in Carlsbad and we are also a bank offering direct lending in Carlsbad.
Mortgages in Carlsbad- Carlsbad mortgage broker
How to Shop Mortgage Rates
View this in 1080 HD by clicking next to "CC" at bottom
North County
*1902 Wright St 2nd floor Carlsbad CA 92008
New Office!
5360 Jackson Drive #220 La Mesa CA 91942
Nevin Williams NMLS #69651
*Not a licensed office location
Fast - efficient - competitive
www.SanDiegoHomeAndLoan.Info
Thanks for the mortgage tips. I think that savvy buyers should definitely be reading and learning before obtaining a loan.
Hi Nevin! I was just having a conversation with buyers yesterda who are thinking of buying in the next few months--they love that the economy is rebounding but, want it to wait until they're ready to buy! You can't have it both ways unfortunately!
Melissa - Agreed. Not doing so can cast them a lot of money
Debe - By them waiting they will pay much more with a higher rate and the cost of the house will be more. The best time to get a loan or buy a home is when the economy is bad.