A popular saying is "Knowledge is Power". In regards to Real Estate, if you are thinking of Buying or Selling and/or Re-financing it is very important to be kept up-to-date with the activity of Mortgage Rates.
Always know that by you simply knowing the facts of the current up-or-down movement can indeed help you negotiate a LOWER rate on your home loan. Negotiating a lower-rate has the potential of saving you hundreds of dollars on your monthly house payment.
Below are Links to this weeks current AVERAGE mortgage interest rates. These links are great tools for you to be kept informed. My hope is that you use this information to your advantage and maybe it will help you with your decision as to when to make your move.
30-Year Fixed ⇐ Click Link
15-Year Fixed ⇐ Click Link
* These Mortgage Rates are the "Average Rates" from a weekly survey of major lending institutions. The survey is named the Primary Mortgage Market Survey® (PMMS®). Any and all UPDATES are released and posted every Thursday at 10 a.m. Eastern Standard Time (7:00am San Diego).
Loan Limits San Diego County .... year 2022
$ 879,750 - CONVENTIONAL and/or FHA Loans
$ Unlimited - Veterans Administration (VA) ... NOTE: there is an important condition to this and that is that there will be a 2022 VA Loan "Limit" of $ 879,750 if you want to add another VA Mortgage Loan "on top" of existing VA Loan. In other words, if you want to carry two VA Mortgage Loans at the same time.... In this scenario, the $879,750 "Cap/Limit" will be applied.
BROKER - REALTOR®
ph# (858) 775-1057