Weeky Mortgage Update

April 14, 2014

Rate Trend:

Slightly Higher

Today We Recommend:

Locking

Mortgage rates are expected to rise over the next two weeks as the tide turns on bond values.  We recommend locking if you are closing on your home in the next three weeks.  However, if closing is farther out we recommend floating as rates may well fall back down after the next few weeks.

Stocks are struggling and the normal five year cycle of bull and bear is leaning toward bear.  Bonds would benefit from this with lower rates holding in the mid four percent range.

                                              

Best Rates Today Are:

Due to market volatiity please call for rates:

425-889-8889

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We are your Premier Mortgage Lender and Financial Consultant.  Who do you go to for advice when making one of the biggest, most expensive decisions of your life?  Do they have the background and experience to help? How would you like to have a CPA and Financial Advisor as your Banker?

 

Call or email us today and get started the right way!

 

Steve Dellario CPA

Partner / Mortgage Banker (MLO-175867)

  Dellario Group powered by Cobalt Mortgage
11255 Kirkland Way
Kirkland WA 98033

425-889-8889

steve.dellario@cobaltmortgage.com