Weeky Mortgage Update

July 28 - August 1, 2014

Rate Trend:


Today We Recommend:


Mortgage rates are under pressure to rise as the Fed Bank talks of raising rates.  This is due to betterment in Jobs and some other economic signs.  We think they will wait until September to make such a move.  

This week is full of economic reports especially Friday.  Expect voilatility in rates daily leeding up to Wednesday and then a more determined reaction as jobs and payroll reports come out.

We recommend locking if you have a few weeks to go to closing.


Best Rates Today Are:

Due to market volatiity please call for rates:


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