Thursday, September 15, 2016

Today's Top Three Luxury Estates in San Diego, Los Angeles, San Francisco and Seattle Just Listed For Sale

                                           .                                 
                                      
                                     "A mansion is a large and stately dwelling"
The word mansion derives through Old French from the Latin word mansio "dwelling", an abstract noun derived from the verb manere "to dwell". The English word "manse" originally defined a property large enough for the parish priest to maintain himself, but a mansion is no longer self-sustaining in this way.  'Manor' comes from the same root—territorial holdings granted to a lord who would remain there—hence it is easy to see how the word 'Mansion' came to have its meaning.  Windsor Castle located in Berkshire, England is the largest mansion in the world with around 484,000 sq.ft.




Today's Top Three Mansions

#1      7002 Fisher Island #2, Miami Beach, Florida 33109 with 7 bedrooms, 8 baths, and 9715 sq.ft. is listed for sale at $38,500,000

7002 Fisher Island Dr Ph 2, Fisher Island, FL 33109

Largest penthouse is available as re-sale in newest Fisher Island development. A spacious 9,715 sq ft of interiors. Two level terraces made up of 8,595 sq ft include private rooftop pool, Jacuzzi, and Pergola and Summer Kitchen. Stunning panoramic views of oc ean, open bay,Fisher Island, golf course, and South Pointe skyline. Amenities include access to private island dining, golf, tennis, spa, marina,private beach and Fisher Island Day School.

7002 Fisher Island Dr Ph 2, Fisher Island, FL 33109

7002 Fisher Island Dr Ph 2, Fisher Island, FL 33109



7002 Fisher Island Dr Ph 2, Fisher Island, FL 33109

7002 Fisher Island Dr Ph 2, Fisher Island, FL 33109


#2      1590 East Mountain Drive, Santa Barbara, CA 93108 with 6 bedrooms, 10 baths, and 10,812 is listed for sale at $27,900,000.

1590 E Mountain Dr, Montecito, CA 93108

This exemplary estate offers an unparalleled expression of what defines Montecito. Casual sophistication. Sweeping ocean views. Stunning architecture. Impeccable quality. A relentless pursuit of effortless elegance for which California is known. Here these elements coalesce on nearly 2.5 lush acres to create a remarkable estate in an A+ location. Incredible guest house, pool and terrace. Perfection!

1590 E Mountain Dr, Montecito, CA 93108

1590 E Mountain Dr, Montecito, CA 93108

1590 E Mountain Dr, Montecito, CA 93108

1590 E Mountain Dr, Montecito, CA 93108

1590 E Mountain Dr, Montecito, CA 93108

1590 E Mountain Dr, Montecito, CA 93108

1590 E Mountain Dr, Montecito, CA 93108

1590 E Mountain Dr, Montecito, CA 93108


#3      806 Rodeo Drive, Beverly Hills, CA 92101 with 11 bedrooms, 13 baths, and 15,000 sq.ft. is listed for sale at $29,995,000.

806 N Rodeo Drive, Beverly Hills, CA

This exquisite was originally owned by Donald Trump. When the current owner rebuilt the estate--which was constructed in the early 1980s--he added 5,000 square feet of living space with no expense spared. The mansion includes an elevator, a spice kitchen--used for food preparation--and a sauna. The seller added a Bose sound system, which runs throughout the entire property.The mansion opens onto a sprawling backyard. It features a swimming pool with fountains, a Carrara marble patio, and a regulation-size sports court--all of which are new. This is an estate with boundless warmth and timeless style. Its perfect for entertaining and comfortable living at it best!

Image result for A Beverly Hills Mansion Once Owned by Donald Trump Lists for Nearly $30 Million

806 N Rodeo Drive, Beverly Hills, CA

806 N Rodeo Drive, Beverly Hills, CA
806 N Rodeo Drive, Beverly Hills, CA
806 N Rodeo Drive, Beverly Hills, CA
806 N Rodeo Drive, Beverly Hills, CA

806 N Rodeo Drive, Beverly Hills, CA

Today's Real Estate News  

Mortgage Rates Finally Break Higher: What You Should Watch

By Diana Olick
CNBC


Mortgage rates took their biggest leap in two months on Friday, thanks to a sell-off in the U.S. bond market. Mortgage rates loosely follow the yield on the 10-year Treasury. It was only an eighth of a percentage point move, but enough to send stocks of the nation's homebuilders, as well as anything else that touches housing, tumbling.

The numbers on the tickers are dramatic, but the impact of higher mortgage rates on the nation's neighborhoods will take different forms.

First and foremost, rising rates scare a whole host of housing players: buyers, sellers, builders and homeowners. The average contract interest rate on the popular 30-year fixed mortgage is still historically very low, around 3.5 percent. The historical average for that rate is just more than 8 percent, and it has been as high as 18 percent. Still, a move higher is scary.

A sign advertising home mortgage services at a Bank of America branch in Manhattan Beach, Calif.

"When it comes to rates and financial markets in general, things can always go either way, but I will say that the past two days are the scariest we've seen since before Brexit," wrote Matthew Graham, chief operating officer of Mortgage News Daily on Friday. "This is the kind of move that should be treated as a serious threat to low, stable mortgage rates until proven otherwise." 

Higher mortgage rates make homebuying more expensive. No question. The move now could make some buyers want to get into a contract quickly before their costs rise. That, however, has always been a very short-term stimulus. Higher rates could also scare some sellers into lowering prices slightly, to sell before they lose potential buyers. 

For homeowners, this could be one more reason to jump on a mortgage refinance. Even with rates sitting at near-record lows for months, there are still hundreds of thousands of borrowers who have yet to take advantage and reduce their monthly payments.

But even if the Federal Reserve raises its funds rate this month, mortgage rates may not move much higher. After the central bank made its first increase last December, mortgage rates moved up briefly, but then fell again.

"The easiest way to say it is that 'longer-term' rates (stuff like 10-year Treasury yields and mortgage rates) do indeed tend to move with Fed rate hike expectations, not the Fed rate hike itself," explained Graham. "Let December be your guide. The Fed hiked and rates fell. Now, why was that? Because rates had just spent the past 10 months rising in anticipation of an impending Fed rate hike." 

So let's say rates rise a little bit in anticipation. There is only a small chance they would move a full percentage point higher. For that matter, mortgage rates have only gone up by half a percentage point 14 times since 1971, according to an analysis by John Burns Real Estate Consulting. Burns is predicting rates could stay below 4 percent at least through 2018. Still, a mortgage rate increase will have different outcomes for different segments of housing.

"Historically, they have hammered builder stocks, hurt new home sales bad, hurt existing home sales a little, and had very little impact on home prices unless there was a recession too," noted John Burns. "My conclusion is that investors are right to punish the stocks, but often punish them too hard."

Even if rates make another small move higher, there are bigger things weighing on housing right now than mortgage rates. For one, tight supply. The severe lack of homes for sale is pushing home prices higher and hurting affordability far more than a slightly higher interest rate. Homebuilders need to ramp up production, but they are fighting higher costs for land and labor, as well as a far more restrictive landscape in terms of construction regulation.


Today's Top Three San Diego Luxury Estates 
sandiegorealestateflashreport.com.

Image result for san diego skyline art

The median home value in San Diego County is $513,600 and is up 5.4% over the past year.  Zillow predicts it will rise 1.7% within the next year. 

The median home value in La Jolla is $1,665,500  and is up 6.1% over the past year.Zillow predicts it will rise 1.8% within the next year. 

The median home value in Rancho Santa Fe is $2,736,700 and is up 1.3% over the past year. Zillow predicts it will rise 1.6% within the next year. 

#1     1020 Prospect Street #302, La Jolla, CA 92037 with 3 bedrooms, 3 baths, and 3,102 sq.ft. is listed for sale at $6,354,000.

1020 Prospect St Ste 302, La Jolla, CA 92037

Twelve exclusive residences. Four limited edition penthouses. One unparalleled opportunity. Muse La Jolla is currently under construction scheduled to be complete spring 2017. A remarkable architectural pedigree, prestigious location, unrivaled panoramic views and a truly exceptional design, Muse is a trophy property that is incomparable. This one-of-kind property has been meticulously designed and curated for discerning home collectors with a true appreciation for Timeless Modernism. 

1020 Prospect St Ste 302, La Jolla, CA 92037

1020 Prospect St Ste 302, La Jolla, CA 92037

1020 Prospect St Ste 302, La Jolla, CA 92037

1020 Prospect St Ste 302, La Jolla, CA 92037

1020 Prospect St Ste 302, La Jolla, CA 92037

#2     5316 Calumet Avenue, La Jolla, CA 92037 with 4 bedrooms, 4 baths and 
3,962 sq.ft. is listed for sale at  $7,400,000

5316 Calumet Ave, La Jolla, CA 92037

On the bluff in Bird Rock, where ever-changing views of La Jolla’s scenic coastline, vibrant wildlife, whitewater ocean and glorious sunsets await you from this Island Contemporary oceanfront home. No expense was spared in the complete remodel of this remarkable residence featuring an exceptionally private walled and gated entry, a generous courtyard, exquisite custom appointments, dramatic wood & glass balcony, lush tropical landscaping, an expansive oceanfront patio, resistance pool and spa. This extraordinary oceanfront residence has been expertly crafted to showcase its awe-inspiring, panoramic views sweeping along the coastline, across the Pacific Ocean to the Los Coronados Islands, to the abundant wildlife and playful sea creatures, as well as spectacular sunsets all year-round!

5316 Calumet Ave, La Jolla, CA 92037

5316 Calumet Ave, La Jolla, CA 92037

5316 Calumet Ave, La Jolla, CA 92037

5316 Calumet Ave, La Jolla, CA 92037

5316 Calumet Ave, La Jolla, CA 92037

5316 Calumet Ave, La Jolla, CA 92037

5316 Calumet Ave, La Jolla, CA 92037

#3        484 Prospect Street, La Jolla, CA 92037 with 11 bedrooms, 12 baths, and 
16,683 sq.ft. is listed for sale at $11,995,000.

484 Prospect St, La Jolla, CA 92037

The premier in-village living experience in La Jolla, if not all of Southern California! Comfortable opulence can be yours at this exceedingly private and luxurious villa which features 7 bedroom suites and 4+ additional guest rooms or offices, multiple entertaining areas and balconies, as well as phenomenal ocean views, all within a short stroll of La Jolla's world class dining/entertainment, The Bishop's School and famous La Jolla Cove

484 Prospect St, La Jolla, CA 92037

484 Prospect Photo 8

484 Prospect Photo 7

484 Prospect Photo 12

484 Prospect Photo 14






















484 Prospect St, La Jolla, CA 92037

484 Prospect St, La Jolla, CA 92037

484 Prospect St, La Jolla, CA 92037

Today's Top Three San Francisco Luxury Estates
sanfranciscorealestateupdates.com

The median home value in San Francisco is $1,106,400 and is up 1.3% over the past year. Zillow predicts it will go down - 0.4% within the year.

The median home value in Sausilito  is $1,204,600 and is up 8.3% over the past year. Zillow predicts it will rise .5%  this year. 

The medium home value in Tiburon is $2,350,300 and is up 3.7% over the past year. Zillow predicts it will rise 0.2% this year 

The median home value in Saratoga is $2,343,100. Saratoga home values have gone up 2.1% over the past year and Zillow predicts they will go down (0.5)% within the next year.


#1     1688 Pine Street PH 8, San Francisco, CA 94109 with 3 bedrooms, 3 baths, and 1,779 sq.ft. is listed for sale at $3,134,000.

1688 Pine St Unit E1004, San Francisco, CA 94109

The perfect Pacific Heights 3 bedroom Penthouse! Rockwell takes luxurious living to the next level. Centered around a gorgeous courtyard, the design weaves two 13-story glass and concrete towers into a pair of chiseled historical facades that integrate the building's glorious past with a beautiful future. Different facets of the building have their own distinct character and individuated design vocabularies. Together the immaculate, modern residences and artful living spaces offer a rich new standard for stylish city living. 24 Hour Lobby Attendant, Fitness Center, Owner's Lounge & Sky Terrace with a fire pit. One and Two bedroom homes. Move in now. Great opportunity to own in a brand new luxury building

1688 Pine St Unit E1004, San Francisco, CA 94109

1688 Pine St Unit E1004, San Francisco, CA 94109

1688 Pine St Unit E1004, San Francisco, CA 94109

1688 Pine St Unit E1004, San Francisco, CA 94109


#2       838 Rhode Island Street, San Francisco-Petro Hill, CA 94107 with 4 bedrooms, 5 baths, and 4,050 sq.ft. is listed for sale at $3,495,000.

838 Rhode Island St, San Francisco, CA 94107

New modern minimalist 3 level 4BR/4.5BA apprx 4050 sqft north slope Potrero Hill home. Views of downtown/bay + southwestern rear gaqrden & deck. Top floor has 10ft ceiling, open floor plan featuring living/dining, fireplace, wetbar, city views. Chef's kitchen/family room in the back has south views, opens to a large terrace w/glass railing. Sleek custom kitchen cabinetry floats over smooth white counters. Bedroom level features 2 mastersuites + guest BR w/hall BA. Lower level tile entry gallery is accented by spiral glass and wood stairway. Separate legal studio/office/media room has modern galley kitchen and its own garden access via rear sliding window wall. 2 W/D. Hardwood floors. Radiant heat. Ready for solar electric. Double garage.

838 Rhode Island St, San Francisco, CA 94107

838 Rhode Island St, San Francisco, CA 94107

838 Rhode Island St, San Francisco, CA 94107

838 Rhode Island St, San Francisco, CA 94107


#3      25 Rico Way, San Francisco-Marina, CA 94123 with 3 bedrooms, 4 baths, and 3,361 sq.ft. is listed for sale at $4,998,000.

25 Rico Way, San Francisco, CA 94123


Unique in so many ways, 25 Rico was completed as new construction in 2003 resulting in an adult, sophisticated home as exciting for entertaining as it is soothing after a long day. Main level enjoys 11' ceilings and an open living-kitchen-dining space centered on a professional chef's own kitchen. Concrete flrs, white ash cabinetry and limestone provide an aesthetic grounded in nature. 3rd level 2 BR suites (one as ofc) with glimpses of GG Bridge from inside the master; lndry. Roof deck w/ 360 views - GGB, Bay, Alcatraz, Rus.Hill, Pac Hts, Palace. 1st level guest suite opens to garden/patio. 5 outdoor spaces enjoy mature landscaping and dramatic night lighting. Elevator, solar, water filtration, radiant heat and more. 2car sbs garage. Totally cool

25 Rico Way, San Francisco, CA 94123

25 Rico Way, San Francisco, CA 94123

25 Rico Way, San Francisco, CA 94123

25 Rico Way, San Francisco, CA 94123

25 Rico Way, San Francisco, CA 94123

25 Rico Way, San Francisco, CA 94123



Today's Top Three LA Luxury Estates
larealestateupdates.blogspot.com




The median home value in Los Angeles County is $532,000 and has gone up 6.7% over the past year.  Zillow predicts they will rise 1.1% within the next year. 

The median home value in Malibu is $2,541,200 and has gone up 1.6% over the past year. Zillow predicts they will go down -0.3% within the next year.

The median home value in Beverly Hills is $3,027,200 and has gone up 6.3% over the past year. Zillow predicts they will rise 0.7% within the next year.

The median home value in Bel Air is $3,137,700 and has gone up 5.1% over the past year. Zillow predicts they will rise 0.5% within the next year.


#1     1085 Carolyn Way, Beverly Hills, CA 90210 with 5 bedrooms, 7 baths, and 4,922 sq.ft. is listed for $7,995,000

1085 Carolyn Way, Beverly Hills, CA 90210

The latest creation by Bravia Design, this modern masterpiece is located on one of the best streets in the heart of Beverly Hills. Upon entering the first floor the open floorplan consists of living and dining rooms, pro-style kitchen with Miele appliances, office and master suite which are highlighted by wide planked oak floors and high ceilings with clerestory windows that fuse each room with an abundance of natural light. The lower level consists of three bedroom suites, media room, studio and laundry room. The pool and spa, lush landscaped gardens and multiple lounge areas help complete this incredible living experience.



1085 Carolyn Way, Beverly Hills, CA 90210

1085 Carolyn Way, Beverly Hills, CA 90210

1085 Carolyn Way, Beverly Hills, CA 90210

1085 Carolyn Way, Beverly Hills, CA 90210

1085 Carolyn Way, Beverly Hills, CA 90210

1085 Carolyn Way, Beverly Hills, CA 90210


#2      1394 Casiano Road, Bel Air, CA 90049 with 4 bedrooms, 3 baths, and 
2,781 sq.ft. is listed for sale at $4,440,000.

1394 Casiano Rd, Los Angeles, CA 90049

Designed by award winning celebrity architect, Robert L. Earl, AIA as his own residence, this truly original Bel Air property sits on half an acre with sweeping canyon, city and coastline views. Offering complete privacy, this one level 2, 781 square foot residence is approached by a long drive ending at the large motor court and three car covered parking. Inside the eye catching front door are walls of floor to ceiling windows bringing in an abundance of natural light throughout the public rooms, all floored in their original terrazzo tile. Sliding glass doors open to a spacious outdoor living area complete with swimming pool and deck with 180 degree views from the hillside and city to the coast and beyond. The fully modern kitchen has the sought after minimalistic appeal and boasts top appliances, upgraded cabinetry and large eating area. Combined with a stunning location, this is one of the most iconic residences on the market today.

1394 Casiano Rd, Los Angeles, CA 90049

1394 Casiano Rd, Los Angeles, CA 90049

1394 Casiano Rd, Los Angeles, CA 90049

1394 Casiano Rd, Los Angeles, CA 90049

#3      8 Oakmont Drive, Brentwood, California 90049 with 8 bedrooms, 12 baths, and 9,526 sq,ft, is listed for sale at $10,950,000.


This breathtaking contemporary is nestled behind a gated entry in sought after Brentwood. The unbeatable location on prestigious Oakmont Dr. provides incredible privacy and is inarguably one of the most exclusive residential streets in the city. This 8bd, 12ba home will appeal to the most discerning buyers. Entertain with ease in the formal living room and grand-scale family room that seamlessly opens to the sunny breakfast area and expansive deck. Step into the gourmet kitchen and feel like a top chef with high-end appliances and a large center island. Upstairs find 4 generously sized ensuite bdrms. Let the world melt away in the majestic master wing with luxurious dual bathrooms, walk-in dressing rooms & more! The lower level entertaining space is imaginative and inspired with a wine cellar, sauna, bar, and 3 additional bdrms. Enjoy this private oasis complete with a sparkling pool & spa, beautiful outdoor seating areas and 8 car garage! This spectacular home makes a lasting impression!









Today Top Three Seattle Luxury Estates
seattleluxuryrealestateupdates.com

The median home value in Kirkland is $571,000. Kirkland home values have gone up 14.5% over the past year and Zillow predicts they will rise 6.7% within the next year. 

The median home value in Seattle is $588,000. Seattle home values have gone up 15.7% over the past year and Zillow predicts they will rise 6.9% within the next year. 

The median home value in Bellevue is $723,400. Bellevue home values have gone up 13.2% over the past year and Zillow predicts they will rise 5.8% within the next year. 

The median home value in Mercer Island is $1,236,700. Mercer Island home values have gone up 12.6% over the past year and Zillow predicts they will rise 6.5% within the next year.

The median home value in Clyde Hill is $2,178,600. Clyde Hill home values have gone up 9.6% over the past year and Zillow predicts they will rise 5.2% within the next year. 


The median home value in Medina is $2,354,100. Medina home values have gone up 11.0% over the past year and Zillow predicts they will rise 5.0% within the next year.


#1      1633 Windmere Drive E, Seattle-Madison Park, WA 98112, with 4 bedrooms, 2 baths and 3,510 sq.ft. is listed for sale at $2,00,000.

1633 Windermere Dr E, Seattle, WA 98112

Elegance exudes from this prominent 1927 home. Apply a little silver polish and glorious potential awaits. Entertain with ease and grace in the over-sized areas on the main. Boasting 4 bedrooms and room to improve upon upstairs, the grand staircase beckons. Gorgeous wood floors thruout & beautiful leaded-glass windows placed for viewing the landscaped grounds. Enjoy the hidden Wisteria covered patio and the many reflective garden areas creating the privacy you'd expect. Enjoy the heritage and live well 













#2    1920 4th Avenue. Uniit 3301, Seattle, WA 98101 with 3 bedrooms, 4 baths, and 5,170 sq.ft. is listed for sale at $8,800,000.

1920 4th Ave Unit 3001, Seattle, WA 98101

Fifty Shades of WOW! Seattle's premier Penthouse that inspired the novel series and blockbuster hit awaits you. Floor-to-ceiling windows provide 280 degree views over Seattle, the Space Needle, Elliott Bay & the Olympics. 5,000+ square feet of vast and opulent living space, 1,000 sq ft of terraces & a private elevator vestibule. Escala offers 24 hr concierge, a private spa, lap pool, gym with yoga studio, private dining room, theatre room, full catering kitchen and dining area with room for 140.

1920 4th Ave Unit 3001, Seattle, WA 98101

1920 4th Ave Unit 3001, Seattle, WA 98101

1920 4th Ave Unit 3001, Seattle, WA 98101

1920 4th Ave Unit 3001, Seattle, WA 98101


1920 4th Ave Unit 3001, Seattle, WA 98101

#3      1726 Evergreen Place, Seattle-Capital Hill, WA 98122 with 5 bedrooms, 4 baths, and 4,260 sq.ft. is listed for sale at $3,150,000.

1726 Evergreen Pl, Seattle, WA 98122

Gorgeous 1906 Craftsman with over 4260 sq.ft. (does not include finished 3rd story) restored and remodeled to perfection. Beautiful chefs kitchen, top of the line appliances and casual dining area. Entertaining sized living and dining rooms all opening out to an expansive deck with sweeping lake, mountain and Mt. Rainier views. Enjoy these same views from most rooms. 5 large bedrooms, high ceilings, exquisite millwork, hardwood floors and much more. 2 car gar. Short walk to lake, parks and schools

1726 Evergreen Pl, Seattle, WA 98122

1726 Evergreen Pl, Seattle, WA 98122

1726 Evergreen Pl, Seattle, WA 98122

1726 Evergreen Pl, Seattle, WA 98122

1726 Evergreen Pl, Seattle, WA 98122

1726 Evergreen Pl, Seattle, WA 98122

1726 Evergreen Pl, Seattle, WA 98122

Today's Mortgage Rates                                                                     12 months

30 Yr FRM3.47%3.50%-0.033.34%4.11%
15 Yr FRM2.82%2.84%-0.022.69%3.30%
FHA 30 Year Fixed3.30%3.30%--3.15%3.75%
Jumbo 30 Year Fixed3.63%3.66%-0.033.41%3.93%
5/1 Yr ARM2.87%2.89%-0.022.80%3.10%
Updated: 9/14/16 4:31 PM
Mortgage Rates Face More Volatility Despite Slight Recovery Today
 
Sep 14 2016, 5:22PM

Mortgage Rates fell modestly today, but only enough to bring upfront costs slightly lower for the same rates quoted yesterday.  Still, it's a most welcome development given the abrupt spike over the past few days (relative to the recently abnormal level of calm).  That said, we can't assume that it marks a change in the broader trend.  For now, rates remain at risk of further weakness until and unless we see clear evidence to the contrary.  

Tomorrow and Friday, we'll get the week's only significant economic reports in the US, and the Bank of England will release one of its periodic policy announcements.  Central bank policy is everything when it comes to interest rates at the moment.  Domestic rates are definitely most interested in what the Fed has to say next week, but to that end, the next 2 days of economic data are doubly important.  Markets will adjust their expectations about the Fed's course of action if the data is surprising enough (for better or worse).

Bottom line, if the data is stronger than expected, the move toward higher rates could easily continue.  Floating your rate is a crap-shoot with bigger-than-normal consequences at the moment.  

Today's Best-Execution Rates

  • 30YR FIXED - 3.5%
  • FHA/VA - 3.0 - 3.25%
  • 15 YEAR FIXED - 2.75%
  • 5 YEAR ARMS -  2.75 - 3.25% depending on the lender

Ongoing Lock/Float Considerations

  • In the biggest of pictures, "global growth concerns" remain the driving force behind the long-term trend toward lower rates
  • Amid that trend, periodic corrections toward higher rates can and will happen.  These can happen for no apparent reason, or they can be brought on by changes in expectations surrounding central bank policy at home and abroad, as well as geopolitical and systemic risks
  • Time horizon and risk tolerance are 2 variables to consider when it comes to locking.  If you have plenty of time and don't mind losing some ground, set a limit as to how much higher rates could go before you'd lock to avoid further losses, and then float in the hopes of never seeing that limit.
     
  • In the shorter-term, it's always good to look for lock opportunities after rates have been moving lower or sideways repeatedly, especially if they've since begun to move back up in any sort of consistent way.
     
  • As always, please keep in mind that the rates discussed generally refer to what we've termed 'best-execution(that is, the most frequently quoted, conforming, conventional 30yr fixed rate for top tier borrowers, based not only on the outright price, but also 'bang-for-the-buck.'  Generally speaking, our best-execution rate tends to connote no origination or discount points--though this can vary--and tends to predict Freddie Mac's weekly survey with high accuracy.  It's safe to assume that our best-ex rate is the more timely and accurate of the two due to Freddie's once-a-week polling method). 

Thanks for reading today's Blog. Looking for more information? Have a comment? Call or email me.


Sincerely,


Tom Furino

email:                 tomstopmansions@gmail.com   
phone/text        619-944-8749