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Virginia Beach Mortgage Update

mortgage updateToday's mortgage rates are holding flat.

Even though price action in the secondary market was choppy and economic reports were better than expected, conventional 30 year par mortgage rates held steady near 5.00% as prices of mortgage backed securities managed to end the week higher.

The calendar is busy this week with Friday providing the most noteworthy event...the Employment Situation report.

If you purchased a property over the weekend, today is good day to lock in your rates.

Justin Williams

Home Mortgage Consultant

Wells Fargo Home Mortgage

M8612-011

4701 Columbus Street Suite 300

Virginia Beach, VA 23462

(757) 490-9200 Tel

757-692-3464 Cell

1-866-922-5123 Fax

Posted Monday Aug 31