Daily Mortgage Interest Rate Updates, Trends & Projections

Mortgage Rate Update 1-4-2016: Trends & Projections

What interest rate changes can we expect in 2016? The market opened with an improvement due to concerns about the pace of economic grown in China and rising tensions in the Middle East.  Weaker than expected manufacturing data in China caused a selloff in Chinese equities which was followed by declines in other global markets.  In addition, Saudi Arabia cut diplomatic ties with Iran, increasing tensions in the region. Investors responded by shifting to safer assets.

Compared to Thursday's closing, the market has opened with a 0.125 IMPROVEMENT to the Points/Credits associated with any given interest rate option.

This daily mortgage interest rate report is designed to provide Borrowers & Real Estate Professionals with factual data regarding where rates are at any given time and what trends are propelling current mortgage pricing on any given day. Feel free to browse the library and research historical rate updates dating back over 2 years at www.JasonGordon.info whenever desired.  To make things easier, I have also posted a quick report on How To Read The Charts Below.

Also, make sure to learn THE TOP 10 THINGS TO KNOW ABOUT MORTGAGE RATES (to help understand the relationship between rates & fees/credits) along with THE TRUTH BEHIND MORTGAGE QUOTES (to better understand the relationship between up-front closing costs and mortgage interest rates so you don't get duped by clever advertising campaigns). Remember, we all make better decisions in life when we have the actual facts to analyze...share this report with those whom you care about!

San Diego Mortgage Rates - Jason Gordon - www.JasonGordonMortgage.com

The Mortgage Street Smarts of where mortgage interest rates are going (and why):

The following information is current as of Monday 1-4-2016 and will help you understand today's best mortgage rates. If you are a Buyer/Borrower who is still on the fence (or if you are a Real Estate Agent attempting to educate your "on the fence" Buyer), please review these trends and secure an historically low interest rate before it is too late.

The market closed Thursday with an IMPROVEMENT to pricing. Thursday's IMPROVEMENT netted a change of 6 basis points (bps).

(Note: Upward activity on these charts is GOOD, downward activity is BAD)

Best San Diego Mortgage Rates - www.GordonMortgage.com

The following chart summarizes today's market activity:

Best San Diego Mortgage Rates - www.GordonMortgage.com

The following chart shows market activity over the past 10 days (hint: green is good, red is bad)

Best San Diego Mortgage Rates - www.GordonMortgage.com

The following chart shows market activity over the past 1 month:

Best San Diego Mortgage Rates - www.GordonMortgage.com

Daily Interest Rate Snapshot (sample of rates from one of the country's largest Lenders...individual pricing will vary based on specific Borrower qualifications).

NOTE: This Lender has quoted a scenario involving a 740+ credit score, 25% down payment, owner occupied, single family residence, with impound account, with a loan amount up to $417,000 to accompany this pricing.

It bears noting that this chart does not necessarily represent today's best mortgage rates.

Best San Diego Mortgage Rates - www.GordonMortgage.com


Beware of relying on Interest Rate Quotes like the one above!  



Market Commentary (Dan Rawitch)


Rates opened with a big gap up and the Dow opened down almost 400 points. This is reminiscent of the market opening of 2008 when the market awoke with a strong risk aversion. We also had the release of Construction spending, which missed expectations HORRIBLY and the ISM index which missed slightly. I dont know if we will close the gap as it is very large, but I do believe that we will test 100. I think we will hold 100 and begin trading in a new range of 100.00-100.60. Please click below for today's video:


Trusted Industry Advisor

Jason Gordon Mortgage - www.GordonMortgage.com

The above information was compiled and distributed by San Diego Residential Mortgage Specialist, Jason Gordon in an effort to provide transparency regarding true mortgage rate activity and market guidance to consumers and professionals interested in this activity. All Market Commentary is provided via The Mortgage Coach and/or their RateWatch technology software.

As a Certified Mortgage Planning Specialist (CMPS) Certified Distressed Property Expert (CDPE) Certified Mortgage Coach (CMC), and Certified Military Housing Specialist (CMHS), Jason E Gordon utilizes his advanced training to examine a prospective Client's complete financial picture, while carefully listening to their overall goals. If it is mutually agreed that a new loan makes sense to pursue, Jason strives to make the entire loan process as seamless as possible. He truly believes that providing open communication and patient educational guidance to his Clients and Business Alliances has been a pivotal component to building his business, while enhancing his reputation in the Mortgage Industry as a Trusted Advisor. Visit www.GordonMortgage.com or www.CrossApproval.com or more information.

Click here for daily mortgage interest rate updates and projections for San Diego's best mortgage interest rates

For more information on topics like this, please feel free to visit www.GordonMortgage.com (an educational resource for Borrowers, Real Estate Agents, and Financial Professionals). Educational content provided by:


Jason E. Gordon

Branch Manager | Sr. Mortgage Loan Officer



Gordon Mortgage Group - Jason Gordon Mortgage - AmeriFirst Financial - NMLS 259027


Office: 619-200-8031

Email: jgordon@amerifirst.us



11440 W. Bernardo Court, Ste. 300, San Diego, CA 92127


What People Are Saying About Jason Gordon

 Not all Mortgage Lenders are alike! Find out what Clients, Real Estate Agents and other Financial & Legal Professionals have to say about Jason Gordon.Attention Divorcing Homeowners, Homebuyers & Family Law Attorneys

 Do you know the 4 "Puzzle Pieces of Divorce" and how they impact Divorcing Homeowners, Home Buyers, and Family Law Attorneys? Learn more belowRecommended Links:


To see if you qualify (and to obtain a current market interest rate quote), click here for a secure online loan application form.


Jason Gordon Mortgage - Gordon Mortgage Group - NMLS 259027 - AmeriFirst Financial


Licensed by the Department of Corporations under the California Residential Mortgage Lending Act.

AmeriFirst Financial Inc., 1550 E. McKellips Road, Suite 117, Mesa, AZ 85203 (NMLS #145368) Toll free phone (877) 276-1974. Copyright 2012. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations may apply. AmeriFirst Financial is required to disclose the following licensing information. Please click here for licensing information. 




Jason Gordon - Residential Mortgage Expert - NMLS 259027

Certified Mortgage Advisor - Jason Gordon - San Diego - NMLS 259027 - www.vipborrower.com

Comment balloon 0 commentsJason E. Gordon • January 04 2016 12:32PM
Mortgage Rate Update 1-4-2016: Trends & Projections
What interest rate changes can we expect in 2016? The market opened with an improvement due to concerns about the pace of economic grown in China and rising tensions in the Middle East. Weaker than expected manufacturing data in China caused a… more
Mortgage Rate Update 12-7-2015: Trends & Projections
On the heals of a very disappointing run in mortgage rates last week, we begin this week on the right path. Read below on what to expect as the week progresses. Compared to Friday's closing, the market has opened with a 0. 125 IMPROVEMENT to the… more
Mortgage Rate Update 11-6-2015: Trends & Projections
This painful week continues to trend in the wrong direction for mortgage rates! Fueled by a stronger than expected Employment Report, yet another large decline in Mortgage Backed Securities has occurred. Against a forecast of 190K new jobs, the… more
Mortgage Rate Update 10-29-15: Trends & Projections
OUCH! In the U. S., the first reading for the 3rd Quarter GDP was 1. 5% which was slightly below the consensus of 1. 6% (and down from 3. 9% from Q2). The details of the report may reflect greater strength, however a decline in inventories held back 1. 4… more
Mortgage Rate Update 10-20-2015: Trends & Projections
On an annualized basis, September starts came in at 1. 2 million units, while expectations were for 1. 15 million units. August starts were revised a little higher as well. Most of the increase in September starts was in multifamily units. Building… more
Mortgage Rate Update 10-6-2015: Trends & Projections
The August Trade Deficit increased to $48. 3 Billion this morning, which came close to expectations. No more economic data will be released today. Compared to Monday's closing, the market has opened with a 0. 125 WORSENING to the Points/Credits… more
Mortgage Rate Update 9-22-2015: Trends & Projections
Stocks are starting the day sharply lower, reacting to news showing a negative outlook on Chinese Banks. Compared to Monday's closing, the market has opened with a 0. 125 IMPROVEMENT to the Points/Credits associated with any given interest rate… more
Mortgage Rate Update 6-12-2015: Trends & Projections
Great day yesterday, but not so much thus far today. PPI and Core PPI both came in at consensus, while Consumer Sentiment was higher than expected. Compared to yesterday's closing, the market has opened within 0. 125 to the Points/Credits associated… more
Mortgage Rate Update 5-12-2015: Trends & Projections
Brutal day yesterday! Mortgage Backed Securities opened much lower this morning, but have since moved back to flat/positive territory following weaker than expeted JOLTS data and a bounce back from large declines yesterday. Compared to yesterday's… more
Mortgage Rate Update 5-6-2015: Trends & Projections
Yet another tough day for mortgage rates! Mortgage Backed Securities have contnued to trend down despite weaker than expected ADP Employment data. First quarter productivity came in at the consensus. Compared to yesterday's closing, the market has… more