Deal of the Month!!!
3.750% on a 15 Year Fixed for rate and term and purchase scenarios!

Send me any legitimate offers from competitors and I will beat it!

Mortgage news across the nation Housing Increase The number of contracts to purchase U.S. previously owned houses unexpectedly rose in July, a sign the market may be starting to stabilize after the expiration of a homebuyer tax credit. The index of pending home resales rose 5.2 percent after a revised 2.8 percent drop the prior month, figures from the National Association of Realtors showed today in Washington. A 1 percent decline was projected for July, according to the median forecast in a Bloomberg News survey of economists. Home sales had plunged following a government tax credit of up to $8,000 that required contracts be signed by April 30. While mortgage rates at record lows are helping to make homes more affordable, further gains depend on the economy creating jobs.
Rate update ~9/2/2010
market direction ~ Rates are up
rate trends ~ short term flat, long term flat
	The number of contracts to purchase U.S. previously owned houses unexpectedly rose in July, a sign the market may be starting to stabilize after the expiration of a homebuyer tax credit. The index of pending home resales rose 5.2 percent after a revised 2.8 percent drop the prior month, figures from the National Association of Realtors showed today in Washington. A 1 percent decline was projected for July, according to the median forecast in a Bloomberg News survey of economists. Home sales had plunged following a government tax credit of up to $8,000 that required contracts be signed by April 30. While mortgage rates at record lows are helping to make homes more affordable, further gains depend on the economy creating jobs. Rates are flat on this news! Stay Tuned as rates can move every day!

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