Rates dipped a few weeks ago however rates went up for the following reasons:

• Lack of Real Estate Inventory for Sale (1 month or less inventory in some areas)
• Low Unemployment (at 3.6%)
• Lenders took to much business in.
• Government offices are closed delaying purchases and refinances.
• Market Volatility – Lenders don’t know how to price themselves.

See this week’s report below.  If you need anything, please contact me.

http://www.mmgweekly.com/m/index.html?SID=a2186aa7c086b46ad4e8bf81e2a3a19b

Remember, I provide 3 different types of financing:

• Residential Financing (1 to 4 Units)
• Commercial Financing (5+ Units, Office, Retail and Light Industrial)
• Reverse Mortgage Financing (Conforming and Jumbo and the New Jumbo Heloc)