Sorry for the delay, been a crazy morning.

So what’s happening in the markets today?

  • Stock market is resuming it’s downward trend after an up day yesterday.
  • Citibank is currently trading for less than the price of a Jr. Bacon Cheeseburger at Wendys.
  • Rates drifted back up today.

We’re at 5.25% on a 30 year refi and 5.0% on a 30 year purchase both with 0 pts and a credit score over 720. 

Recommendations:  I’m going to sound like a broken record, but my recommendation is that you lock all loans.  Volatility is a lot higher than it should be and I believe that there’s more pressure pushing up on rates than down.

You also might like...

Source:  Janne Moren  via  Flickr Creative Commons

Finding the Best Rental: Tips for Today's Market

Source: Mark Doliner  via Flickr Creative Commons

How to Budget for Relocation

Source: Zillow Digs

Selling a Home in 2015: 5 Resolutions for Success

Source: Zillow Digs

Real Estate Q&A: Buying a Home as an Investment

Subscribe for Zillow Blog updates

We will not rent, share or spam your account, ever. Please read and review our privacy policy.

You can also stay updated by following us below

instagram googleplus pinterest