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San Diego Mortgage Group
Our company was established to answer the needs of manufactured home owners and buyers. At SD Mortgage Group we offer a variety of loan programs to finance your manufactured home purchase or refinance. With our friendly service, and highly competitive rates, SD Mortgage Group is the definitive expert on manufactured home loans. We are both a lending and a brokerage firm, so we can offer you the best rates around.
599 articles
Mortgage Rates Continue Higher
From San Diego Mortgage Group, 7 month ago, Read 0 times. Similar articles
Mortgage Rates continued higher today with Best-Execution
rates about an eighth of a point higher.
There are
all sorts of challenges in the secondary market today, including increased
optimism about the situation in Europe and the necessity among the biggest
players in the market to move money around here at the end of the quarter
regardless of what economic fundamentals are doing.
This makes
for an environment where the movements we see in rates won’t necessarily feel
like...
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Mortgage Rates Extend Slightly Higher From Friday
From San Diego Mortgage Group, 8 month ago, Read 0 times. Similar articles
After two days of significant
improvements, Mortgage
Rates took a measured step back on Friday.
Best-Execution rates rose about an eighth of a point. The
trend continued today, although in slightly less dramatic fashion.
It was
merely a slightly negative day for rates.
There wasn’t much to drive trade on the secondary market and traders are
likely waiting to see how this week’s Treasury auctions pan out (Treasuries are
related to MBS, but MBS or...
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Mortgage Rates Improve Again From All-Time Lows
From San Diego Mortgage Group, 8 month ago, Read 0 times. Similar articles
After yesterday’s FOMC Announcement, Mortgage Rates moved to all time
lows. The rally in bond markets extended
overnight and throughout today’s trading, resulting in rate offerings improving
even more.
Please keep in mind that lenders simply cannot move mortgage rates lower at
the same pace as a rapid rally in Benchmark Treasuries. Although you might hear talking heads on TV
or read articles saying that mortgage rates are tied to Treasuries, THEY ARE
NOT, and...
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Mortgage Rates Rise Slightly Heading Into The Weekend
From San Diego Mortgage Group, 8 month ago, Read 0 times. Similar articles
After two days of significant improvements, Mortgage Rates took a measured
step back today. Best-Execution rates
rose about an eighth of a point, but in some cases, your rate may not have
changed at all today-merely your closing cost quote.
(temporary caveat that we’ll probably repeat a few more times): Please keep in mind that lenders simply cannot move mortgage rates lower
at the same pace as a rapid rally in Benchmark Treasuries. Although
you might hear talking heads on TV...
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In Connecticut, Making a Prefab Home Their Own ? On Location
From San Diego Mortgage Group, 8 month ago, Read 0 times. Similar articles
A Connecticut couple bought a modular house and customized it themselves, creating a loftlike home that fit the landscape.
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HUD AWARDS $8.8 MILLION TO IMPROVE HOUSING AND SERVICES FOR FAMILIES AND INDIVIDUALS LIVING WITH AIDS
From San Diego Mortgage Group, 8 month ago, Read 0 times. Similar articles
WASHINGTON – Today, the U.S. Department of Housing and Urban Development awarded nearly $9 million to projects in seven cities and states that will offer permanent and transitional housing and support services to more than 200 households with families and individuals living with HIV/AIDS. Provided through HUD’s Housing Opportunities for Persons with AIDS (HOPWA) Program, these projects will also develop new cross program approaches in HIV care by creating an Integrated HIV/AIDS...
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HUD AWARDS $18 MILLION IN GRANTS TO REDUCE HEALTH AND SAFETY HAZARDS IN HOUSING
From San Diego Mortgage Group, 8 month ago, Read 0 times. Similar articles
WASHINGTON – The U.S. Deptartment of Housing and Urban Development today awarded $18 million in grants to local projects in eleven states to conduct a wide range of activities intended to protect children and families from health and safety hazards in their homes. The grants will support efforts to control asthma and allergy triggers such as mold, moisture, mitigate safety hazards in homes, and improve energy efficiency. Grants will also support research to advance methods for hazard...
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Mortgage Rates Hit New All-Time Lows!
From San Diego Mortgage Group, 8 month ago, Read 0 times. Similar articles
Yesterday we wrote: “Until we see proof that the Secondary Mortgage Market
can break higher than its recent highs, we’re hesitant to outright PLAN on it
happening.”
This is exactly what happened after today’s FOMC Announcement (aka “Fed Rate
Decision,” although the RATE isn’t important these days because it’s not moving
and not expected to move).
Markets had been expecting the Fed to commit to shifting their TREASURY
holdings to longer...
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Mortgage Rates: One Last Chance to Remove FOMC Risk
From San Diego Mortgage Group, 8 month ago, Read 0 times. Similar articles
Some overnight news out of Europe did a small amount of damage to bond
markets earlier this morning and based on market levels, Mortgage
Rates were just barely weaker than yesterday. But the damage was seen only in terms of
COSTS and not in the actual INTEREST RATES that you’d see on your Good Faith
Estimate. (see “Current
Market” for more details).
This is basically a “gimme” ahead of tomorrow’s high-risk event the FOMC Announcement (AKA...
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Mortgage Rates: Sending A Message
From San Diego Mortgage Group, 8 month ago, Read 0 times. Similar articles
Building on Friday’s late day comeback, news out of Europe helped US Bond
Markets (Including the Secondary Mortgage Market) to walk in the door in
rally-mode this week. That resulted in noticeable improvements to average Mortgage
Rates (see “Current Market” for more details).
CURRENT MARKET (NEW)*: The BestExecution
30-year fixed mortgage rate is BACK
at 4.125% after having been
between there and 4.25%. Several lenders
are willing to offer lower rates, but in most...
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