Friday, December 18, 2015

12.18.15- Happy last Friday to shop for Christmas.


Sorry a little late this morning. No economic reports for today but that hasn't stopped the market from giving back with some substantial losses. Those losses are being picked up in Treasuries and Mortgage Backed Securities with some nice gains and as I type this popped up: 
Repost: 0.125% better to price for All Fixed Rate Products.
Effective: 12/18/2015 at 09:16 AM PST
Starting to get closer to dropping the rate on the 30 year loans, another re-price or two and we will get back to 3.75% 30 year fixed conventional and 3.625% for VA/FHA and USDA . I will try to update additional  re-pricing or a rate reductions today but have 4 purchases to close before Christmas. Need to go buy 4 Giant Bows to wrap these homes in. Have a great weekend of listing and selling and I am available for Pre Approval's and Loan Estimate Disclosures all weekend.

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