Thursday, August 27, 2009

Dale Vermillion on The Morning Show

On Tuesday, August 25, Dale Vermillion joined me on the air to discuss the latest mortgage news. Here's the bullet points from our discussion:

1. Mortgage Rates Lowest Since Late May (08/21/09) Ephesians 5:15 – be careful then how you live. Don’t live like fools, but like those who are wise. Make the most of every opportunity in these evil days!Mortgage rates for 30-year fixed loans fell this week to 5.12 percent, the lowest rate since the average hit 4.91 percent. 15-year fixed-rate loans fell to 4.56 percent from 4.68 percent last week; five-year, adjustable-rate mortgages fell to 4.57 percent from 4.75 percent; and one-year ARMs declined to 4.69 percent from 4.72 percent.

2. Housing Data Show Slowly Firming Market Wall Street Journal (08/19/09) Discussed the positive trends in market with caution to stay thinking conservative - Proverbs 16:9: In his heart a man plans his course, but the LORD determines his step

To listen to our discussion click here or scroll down.

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