July 2009 
There are 1 blog entries for July 2009.
Eugene Oregon - Mortgage Rates Steady - Giving Buyers More Time
Monday, July 6th, 2009 at 12:12am. 379 Views, 12 Comments.
Mortgage rates were a little worse earlier this week, but with the jobs report that came out this morning the bond market has made some gains as stocks take a dive. The rates below are just slightly higher than last Friday, but with the sour economic news they are likely to trend a little lower into next week.
This is as good a time as any to remind you that, although some of the lender's turn times are getting better, a 30 day contract close is still too optimistic. Remember, the lenders with the very best rates are more likely to have extended underwriting times. It's your buyer's loan officer's job to provide them with the best rate, and you with accurate information on closing times. I take that job very seriously.
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