Mortgage Minute

Industry Trends WFS Jumbo rate – 5/5 ARM: 2.875% Refi Index – 1565.4 (-4.28%) Purchase Index – 174.7 (-6.13%) NAHB Builder Confidence – 54.00 (0%) Existing Home Sales – 4,900,000 (-4.3%) New Home Sales – 421,000 (+7.95%) As of Dec. 19, 2013. SOURCE: Mortgage News Daily   Featured Product: 5/5 ARM This loan carries a lower interest rate and higher maximum loan amount […]

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