Monthly Archives: May 2012

TODAY’S MORTGAGE RATES – MAY 29th, 2012

MORTGAGE RATES RISE – BUT COULD DROP LOWER.    May 29th, 2012 The MBS Market closed last week trading down (-9 bps).   After hitting all time lows the week before, mortgage rates have pulled up a bit.  This is pretty typical when mortgage pricing hits a low point.  Pricing only stays there for a day […]

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IT’S OFFICIAL – LOWEST MORTGAGE RATES IN HISTORY!!

IT’S OFFICIAL – WE NOW HAVE THE LOWEST MORTGAGE RATES IN HISTORY! May 21st, 2012 Nothing else really needs to be said.  If you want to refinance or purchase a new home – now is the time to do it.  Call or email me the answers to the questions below my rate sheet if you […]

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30 YEAR FIXED AT 3.625% WITH .67 POINTS

30 YEAR FIXED AT 3.625% WITH .67 POINTS May 14th, 2012 The MBS Market closed last week trading up (+9 bps.)     Rates continue their positive momentum as concerns continue to mount regarding Europe’s debt situation.  As I explained last week, rates and pricing are great and are equal to the lowest levels in the […]

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INTEREST RATES HIT BOTTOM!!

INTEREST RATES HIT BOTTOM May 7th, 2012 The MBS Market closed last week trading up (+31 bps.)     Even though the market continues to move higher, rates have hit a bit of a stand still.  There usually comes a point where lenders are unwilling to keep going lower on the pricing – and it appears […]

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HOME VALUES RISING ACROSS MARICOPA COUNTY

HOME VALUES RISING ACROSS MARICOPA COUNTY: May 2nd, 2012 Statistics continue to show that home values are starting to recover across Phoenix and Maricopa County. Low inventory and high demand are pushing up values.  Many buyers are finding the need to put in offers quickly, as a home can have multiple offers the first day […]

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