Shopping For Mortgage Rates Is Part Research Skills, Part Luck
Updated Oct. 9, 2013
Shopping multiple lenders for a "good mortgage rate" can sometimes save you 1/8 percent on your rate and/or a few hundred dollars in fees. However, when it comes to getting the best mortgage rate, you're going to more than good research skills.. You're going to need some luck.. Mortgage rates for people in...

The Supply Of New Homes For Sale Just Dropped Off A Cliff
Updated Oct. 9, 2013
The supply of newly-built homes for sales plummeted in April, a positive indicator for the San Diego housing market as we head into the summer months.. It's no wonder that homebuilders are breaking new ground at the fastest clip in 2 years. At the current sales pace, the nation's complete supply of new...

Consumer Confidence Hints At Higher Home Prices And Higher Mortgage Rates, Too
Updated Oct. 9, 2013
The Consumer Confidence Index is rising, a potentially double-edged sword for residents of San Diego and for Americans, in general.. According to The Conference Board, economic confidence is as high as it's been since August 2007 -- 4 months before the start of the recession. Americans are optimistic...

Pending Home Sales Data Shows Great Deals On Homes Are Getting Harder To Find
Updated Oct. 9, 2013
The Pending Home Sales Index shot higher in April as low mortgage rates and a soon-to-expire federal tax credit spurred home buying in San Diego and across the county.. A "pending home sale" is a home that's under contract to sell but not yet closed.. Region-by-region, April's pending home sales varied...

What's Ahead For Mortgage Rates This Week : June 14
Updated Oct. 9, 2013
Mortgage markets posted four good days last week and one awful one. Unfortunately for rate shoppers in California , that one bad day outweighed the gains of the other four and mortgage rates worsened on the week overall.. Despite re-touching all-time lows on Tuesday and Wednesday, Conforming and FHA mortgage...