Alameda County Mortgage Report: December 6, 2010

December 6, 2010

After a spectacular run that drew 30-year fixed rates to near 4.00, mortgage rates have returned to their highest levels since late-June.

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Alameda County Mortgage Report: November 29, 2010

November 29, 2010

In a holiday-shortened week on Wall Street, mortgage markets improved on 3 of 4 days, but still posted its fourth consecutive losing week.

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Applying For A Mortgage Soon? Don’t Open New Credit Cards On Black Friday.

November 23, 2010

Shoppers should think twice about is the popular “Open A Charge Card, Save 20%” promotion. The short-term savings may be tempting, but the long-term costs may be huge.

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Alameda County Mortgage Report: November 22, 2010

November 22, 2010

The 7-month rally in rates may be nearing its end. The 30-year fixed rate mortgage is at a 4-month high after reaching an all-time low just 3 weeks ago.

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Alameda County Mortgage Report: November 15, 2010

November 15, 2010

Last week marked the first sizable mortgage rate increase over the course of 7 days since April.

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Alameda County Mortgage Report: November 8, 2010

November 8, 2010

Huge gains and losses characterized day-to-day trading last week. Overall, however, conforming mortgage rates improved.

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Better Credit Scores Get Better Mortgage Rates

November 2, 2010

Mortgage approvals are primarily based on good income, good equity and strong credit, and, without all three, the best rates of the day remain out of reach. Do something about your credit score.

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Alameda County Mortgage Report: November 1, 2010

November 1, 2010

All things considered, it’s dangerous to float a mortgage rate this week. If you’re not already locked, talk to your loan officer prior to Wednesday afternoon.

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Alameda County Mortgage Report: October 25, 2010

October 25, 2010

The dollar was strong in the first part of last week, then weakened through Friday’s close with the G-20 meeting looming. Mortgage rates trended along similar lines.

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Dublin Homeowners – See How Credit Missteps Lower Your Credit Score

October 21, 2010

The company behind the popular FICO scoring model has published a “What If?” series for common, specific credit missteps.

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Alameda County Mortgage Report: October 18, 2010

October 18, 2010

The United States is experiencing a Refi Boom. As compared to 6 months ago, a new, $200,000 home loan costs $124 less per month in principal + interest.

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Avoiding Common Mortgage Scams in Alameda County

October 15, 2010

Despite tougher mortgage guidelines and better loan disclosures for consumers, mortgage fraud is on the rise.

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Alameda County Mortgage Report: October 12, 2010

October 12, 2010

This week, there’s a number of releases that should keep mortgage rates on the move — up and down — including Fed Minutes (Tuesday), Producer Price Index (Thursday), and Consumer Price Index, Retail Sales and a confidence survey (Friday).

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Alameda County Mortgage Report: October 4, 2010

October 4, 2010

Mortgage rates are tough to pin down because, although the recession is over, everyday citizens aren’t spending like it is.

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Alameda County Mortgage Report: September 27, 2010

September 27, 2010

In back-and-forth trading last week, conforming mortgage rates bottomed out Wednesday before rising through Friday’s afternoon close. This week should be even more volatile.

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