Phil Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate Update. Visit our website at lehighvalleywealth.com and enjoy over 200 hours of downloadable, educational content featuring mortgage financing, real estate acquisition and wealth building strategies.

Long term mortgage rates were unchanged on the day as only one economic report was released, the Chicago PMI index. The index shows the strength of the Chicago area manufacturing sector which revealed a slight improvement but still below levels that signal growth. Henry Paulson the Treasury Secretary unveiled plans the Fed has to regulate the banking industry which might be a little late to curb a credit crisis.

Are you shopping for a mortgage? Are you confused about your options? You deserve more than 10 minutes and an interest rate quote. Call the Wealth Center today for a free mortgage planning consultation and we will take you through our Wealth Center Advantage System. You will receive expert advice, full education and analysis of multiple loan options, and most importantly you will know the truth about money and how to build wealth. So call us today at 610.432.6600 or visit our website at lehighvalleywealth.com that’s lehighvalleywealth.com

Phil Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate Update. Join us this Sunday for our 1yr anniversary radio show right here on Waeb at 7:30am. For the first time we will be taking your calls and e-mails answering all of your real estate, mortgage, and financial questions.

The Fed’s favorite measure of inflation the core pce which strips out volatile food and energy prices came in at 2% which is within the Fed’s toleration zone. This was great news for mortgage bonds and long term rates dipped about .125% on the day. If inflation continues to moderate long term rates should continue to drop in the coming months.

Are you protecting your greatest asset from declining in value? Call the Wealth Center today for a free home equity optimization report for your home and you will learn how to protect your greatest asset. We have helped thousands of homeowner’s learn how to effectively manage their home equity using mortgage finance and the ownership of real estate. Call 610-432-6600 or visit our website at lehighvalleywealth.com that’s lehighvalleyweath.com

Phil Osborne here with the Lehigh Valley Wealth Center daily interest rate update. At the Wealth Center our passion is helping homeowner’s get out and stay out of debt, increase cash flow and invest for the future. We do this using a properly structured mortgage and debt management plan and a wealth creation/real estate investment strategy that leads our clients to a better life and future. Visit Lehighvalleywealth.com to learn more.

Durable good orders fell unexpectedly in February led by the biggest slump ever in demand for machinery. New home sales were slightly better than expected in February but still the lowest numbers seen in 13 years. Long term mortgage rates edged lower on the news and stocks sold off as fears of recession linger on. Mortgage applications jumped 50% last week as many consumers looked to refinance their home loans.

Whatever your mortgage financing needs are the Wealth Center can help! We won’t just deliver a loan but we will educate you in the process giving you advice based on years of mortgage planning experience. Call the Wealth Center today at 610.432.6600 or visit Lehighvalleywealth.com that’s lehighvalleywealth.com

Phil Osborne here with the Lehigh Valley Wealth Center daily interest rate update…

Visit our website at lehighvalleywealth.com and enjoy over 200 hours of educational content that will help you make the right mortgage, real estate and financial decisions. 

Mortgage rates jumped higher today as investors shifted money back into the stock market and sold off mortgage bonds.  The Bear Stearns buyout will most likely be raised from 2$ per share to $10 per share, this gave an overall boost to the financial sector which has been hit hard recently.  Encouraging news for housing as existing home sales for February were hotter than expectations.  The median home price in America was reported at $195,900 in February and the Lehigh Valley reported a $193,000 median price for the month.

Now is the time to take action!  Mortgage rates are near 3 year lows and housing prices continue to drop.  Call the Wealth Center today and schedule a free planning consultation and we can show you how to win big in today’s market.   Call 610.432.6600 or visit our website at lehighvalleywealth.com that’s lehighvalleywealth.com

Phil Osborne here with the Lehigh Valley Wealth Center Daily Interest Rate Update.  Join us this Easter Sunday for our radio show right here on Waeb at 7:30am.  Visit our website at lehighvalleywealth.com for over 200 hours of educational content on building wealth, managing debt, mortgage finance and real estate investment strategies. 

The markets are closed today to observe Good Friday.  Tune in next week as we continue to provide you with timely and accurate information regarding mortgage interest rates and more importantly what is affecting the movement of rates and why. 

Did you know that last year American’s net worth fell by 533 billion and household equity dropped by 286 billion last year?  Are you protecting your greatest asset from declining in value?  Call the Wealth Center today for a free home equity optimization report for your home and you will learn how to protect your greatest asset.  We have helped thousands of homeowner’s learn how to effectively manage their home equity using mortgage finance and the ownership of real estate.  So Call 610-432-6600 or visit our website at lehighvalleywealth.com that’s lehighvalleyweath.com