Mortgage News and Rates

Mortgage News and Rates

TODAY’S MORTGAGE INTEREST RATES – 30 YEAR FIXED BACK TO 4.125%

leave a comment »

TODAY’S MORTGAGE INTEREST RATES – 30 YEAR FIXED BACK TO 4.125%

July 21st, 2014

Interest Rate pricing moved up on my rate sheets this week even though the MBS market closed + 2 bps. Every day the MBS market closed down except Thursday, when markets reacted to the reports of a civilian plane being shot down in the Ukraine.

As has been the case for much of the past year – interest rates are staying in the same range and I expect that to continue for now. I don’t see the events in Ukraine and the Gaza strip having a huge effect on interest rates unless a conflict erupts with Russia or the Israel conflict brings in other countries from the region.

30 Year Fixed rates are now starting at 4.125% with 15 year fixed rates starting at 3.25%.

Next week many firms will be reporting their 2nd quarter earnings. June existing and new home sales reports will be released. After the dust settles, I see rates remaining in the same range at the end of next week.

For a free email mortgage quote, please answer questions on the right or go to http://www.freemortgagequote.biz.

Below are today’s interest rates.  Have a great week!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

15 Year Fixed at 3.625% with $0 costs

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .55 points (4.235% APR),       4.25% – 0 points (4.3% APR)

20 year fixed:       3.875% – .52 points (3.98% APR),        4.125% – 0 points (4.17% APR)

15 year fixed:        3.25% – .8 points (3.41% APR),        3.5% – 0 points (3.53% APR)

10 year fixed:        3% – 1 point (3.2% APR),        3.25% – 0 points (3.29% APR)

5/1 ARM:        2.875% – .73 points (3.04% APR),         3.125% – 0 points (3.13% APR)

7/1 ARM:       3.125% – 1 point (3.325% APR),        3.375% – 0 points (3.4% APR)

30 year fixed FHA:        3.625% – .75 points (4.69% APR),        3.75% – 0 points (4.75% APR),

15 year fixed FHA:        3% – .83 points (3.46% APR),        3.25% – 0 points (3.55% APR)

30 year fixed VA:        3.75% – 0 points (3.82% APR)

Today's Interest Rates - July 21st, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado Home Loans. Arizona refinance, California refinance, Colorado refinance. Scottsdale, Arizona Mortgage Banker in McCormick Ranch. McCormick Ranch Loan Officer. Mortgage Rate Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. July 21st 2014 30 year fixed rates, July 22nd 2014 30 year fixed rates, July 23rd 2014 30 year fixed rates, July 24th 2014 30 year fixed rates, July 25th 2014 30 year fixed rates, July 26th 2014 30 year fixed rates, July 27th 30 year fixed rates.

TODAY’S MORTGAGE INTEREST RATES – 30 YEAR FIXED BACK TO 4.125%

Written by MORTGAGE NEWS

July 21, 2014 at 5:23 am

Posted in 0 cost mortgage, 0 point interest rates, 0 point mortgage, 0 points, 10 Year Fixed Interest Rates, 10/1 ARM rates, 15 Year Fixed FHA interest rates, 15 Year Fixed interest rates, 20 year fixed interest rates, 2014 Interest Rates, 30 Year Fixed FHA interest rates, 30 year fixed interest rates, 30 Year Fixed VA Rates, 5/1 ARM interest rates, 7/1 ARM interest rates, apr, arizona, Arizona direct lender, arizona foreclosure, arizona home loan, Arizona home loan interest rates, Arizona home values, Arizona mortgage, arizona mortgage banker, Arizona purchase mortgage, Arizona Real Estate, Arizona real estate agents, arizona realtor, Arizona Refinance, arizona short sale, california, California direct lender, california home loan, California home loan interest rates, california mortgage, california mortgage banker, california purchase mortgage, california real estate, california real estate agent, california realtor, California Refinance, Closing costs, colorado, colorado home loan, Colorado home loan interest rates, colorado mortgage banker, colorado purchase mortgage, colorado real estate, colorado real estate agent, colorado realtor, Colorado Refinance, Conforming interest rates, Conventional Interest Rates, Current interest rates, Current mortgage interest rates, Current Mortgage Rates, Fannie Mae, FHA, FHA rates, Freddie Mac, HARP, HARP 2.0 interest rates, HARP 3.0 interest rates, HARP rates, High balance interest rates, High Balance Loan, Home Loan, home prices, home purchase loan, interest rates, July 2014 Mortgage Interest Rates, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, Jumbo rates, mbs, McCormick Ranch Mortgage Banker, McCormick Ranch Mortgage Loan Officer, mortgage, Mortgage APR, mortgage apr's, mortgage backed securities, mortgage insurance, Mortgage Rate sheet, Mortgage Rates, mortgage rates rise, No appraisal refinance, points, Rates, Real Estate, Real Estate Agent, refinance, refinance rates, scottsdale, Scottsdale Mortgage Banker, scottsdale real estate, scottsdale real estate agent, Today's Interest Rates, Today's mortgage aprs, Today's Mortgage Interest Rates, Today's Mortgage Rates, today's rates, Uncategorized, US economy, VA Interest Rates, VA rates

Tagged with , , , , ,

MORTGAGE RATES IMPROVE 4 DAYS STRAIGHT / LOWEST RATES I HAVE OFFERED THIS YEAR

leave a comment »

MORTGAGE RATES IMPROVE 4 DAYS STRAIGHT / LOWEST RATES I HAVE OFFERED THIS YEAR

July 14th, 2014

After going higher every day the previous week, interest rates stayed the same on Monday and improved every other day of last week. The Mortgage Backed Security market closed trading + 65 bps, pushing 30 year fixed rates down to 4%, and 15 year fixed rates down to 2.875%.

Along with the recent rate improvement and my July interest rate special going out right now, this is the lowest rate pricing I have been able to offer in 2014.

When rates improve for 4 days straight, there is bound to be a correction so if you are looking at doing something – I would recommend locking on Monday.

This week will likely be more up and down with a lot of manufacturing reports due out and FED chief Janet Yellen testifying before Congress on Tuesday and Wednesday.

Have a great week!!

For a free email mortgage quote, please go to mortgage quote tab on the right or go to http://www.freemortgagequote.biz.

Below are today’s interest rates.

BEST VALUE OF THE WEEK:

20 Year Fixed at 4% paying 0 points

30 Year Fixed FHA Loan at 3.75% with $0 costs

TODAY’S INTEREST RATES:

30 year fixed:      4% – .90 points (4.18% APR),       4.25% – 0 points (4.27% APR)

20 year fixed:       3.75% – .94 points (3.94% APR),        4% – 0 points (4.04% APR)

15 year fixed:       3.125% – .62 points (3.23% APR),         3.375% – 0 points (3.39% APR)

10 year fixed:       2.875% – .85 points (3.03% APR),        3.125% – 0 points (3.129% APR)

5/1 ARM:       2.75% – .99 points (2.95% APR),        3.125% – 0 points (3.13% APR)

7/1 ARM:        3.125% – .92 points (3.3% APR),         3.375% – 0 points (3.39% APR)

30 year fixed FHA:        3.5% – .61 points (4.6% APR),        3.75% – 0 points (4.75% APR)

15 year fixed FHA:        2.875% – .62 points  (3.5% APR),         3.125% – 0 points (3.62% APR)

30 year fixed VA:         3.5% – .98 points  (3.7% APR),          3.75% – 0 points (3.80% APR)

Today's Interest Rates - July 14th 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado Home Loans. Arizona refinance, California refinance, Colorado refinance. Scottsdale, Arizona Mortgage Banker in McCormick Ranch. McCormick Ranch Loan Officer. Mortgage Rate Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. July 14th 2014 30 year fixed rates, July 15th 2014 30 year fixed rates, July 16th 2014 30 year fixed rates, July 17th 2014 30 year fixed rates, July 18th 2014 30 year fixed rates, July 19th 2014 30 year fixed rates, July 20th 2014 30 year fixed rates, July 21st 2014 30 year fixed rates.

MORTGAGE RATES IMPROVE 4 DAYS STRAIGHT / LOWEST RATES I HAVE OFFERED THIS YEAR

Written by MORTGAGE NEWS

July 14, 2014 at 1:41 pm

Posted in 0 cost mortgage, 0 point interest rates, 0 point mortgage, 0 points, 10 Year Fixed Interest Rates, 10/1 ARM rates, 15 Year Fixed FHA interest rates, 15 Year Fixed interest rates, 20 year fixed interest rates, 2014 Interest Rates, 2014 Mortgage interest rates, 30 Year Fixed FHA interest rates, 30 year fixed interest rates, 30 Year Fixed VA Interest rates, 5/1 ARM interest rates, 7/1 ARM interest rates, apr, arizona, Arizona direct lender, arizona foreclosure, arizona home loan, Arizona home loan interest rates, Arizona home values, Arizona mortgage, arizona mortgage banker, Arizona purchase mortgage, Arizona Real Estate, Arizona real estate agents, arizona realtor, Arizona Refinance, arizona short sale, Bond Market, california, California direct lender, california home loan, California home loan interest rates, california mortgage, california mortgage banker, california purchase mortgage, california real estate, california real estate agent, california realtor, California Refinance, Closing costs, colorado, colorado home loan, Colorado home loan interest rates, colorado mortgage banker, colorado purchase mortgage, colorado real estate, colorado real estate agent, colorado realtor, Colorado Refinance, Conforming interest rates, Conventional Interest Rates, Current mortgage interest rates, direct lender, Fannie Mae, FED, FHA, FHA Interest Rates, FHA mortgage insurance, FHA no appraisal refinance, Freddie Mac, HARP, HARP 2.0 interest rates, HARP 3.0 interest rates, HARP Interest Rates, High balance interest rates, High Balance Loan, Home Loan, home purchase loan, home values, Interest Only Loan, Interest Rates improve, Janet Yellen, Jumbo, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, Jumbo rates, loan officer, locking a loan, maricopa county, mbs, McCormick Ranch Mortgage Banker, Mortgage APR, mortgage apr's, mortgage backed securities, mortgage banker, mortgage rates improve, No appraisal refinance, purchase, Rates, Real Estate, Real Estate Agent, refinance, refinance rates, Scottsdale Mortgage Banker, scottsdale real estate agent, Today's Interest Rates, Today's mortgage aprs, Today's Mortgage Interest Rates, Today's Mortgage Rates, US economy, US treasuries, VA, VA Interest Rates, VA IRRL, VA rates

Tagged with , , , , , ,

MORTGAGE RATES MOVE HIGHER – JULY INTEREST RATE SPECIAL

leave a comment »

MORTGAGE RATES MOVE HIGHER – JULY INTEREST RATE SPECIAL

July 7th, 2014

I hope everyone had a happy and safe 4th of July Holiday weekend.

Interest rates went up last week with signals that we could have a higher than anticipated jobs report on Thursday. The June employment report confirmed this thinking with Non Farm job creation coming in at 288,000 over an estimated 212,000.

Luckily, the markets had already moved higher before Thursday – thus when the actual report was released we didn’t see a ton of movement higher as it was already reflected in the market.

On the week – the Mortgage Backed Security market (MBS) closed down – 65 basis points pushing rates higher than the previous week.

In an effort to have a great July volume month – my company is offering a July interest rate special. Below are the discounts that are reflected in my rate pricing today. This special has limited the movement up of our rate sheet and in some cases improved rate pricing even though the market is moving higher.

IN THE INTEREST OF HAVING A HUGE JULY, MANAGEMENT JUST LOWERED OUR RATES:

1. Conventional (50 bps)
2. High Balance Conforming (37.5bps)
3. FHA/FHA High Balance and VA/VA High Balance rates reduced by (100 bps)
4. Jumbo (25bps)

Please contact me if you would like to take advantage of the July interest rate special as it can end at any time.

Have a great week!!

For a free email mortgage quote, please go to the mortgage quote tab on the right or go to http://www.freemortgagequote.biz.

Below are today’s interest rates – have a wonderful week and a fantastic Independence Day!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

10 Year Fixed at 3.25% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      4.125% – .77 points (4.275% APR),      4.25% – 0 points (4.29% APR)

20 year fixed:      4% – .54 points (4.11% APR),       4.125% – 0 points (4.16% APR)

15 year fixed:       3.25% – .79 points (3.41% APR),       3.375% – 0 points (3.41% APR)

10 year fixed:      3% – .95 points (3.19% APR),      3.25% – 0 points (3.29% APR)

5/1 ARM:      2.875% – .93 points (3.07% APR),       3.125% – 0 points (3.13% APR)

7/1 ARM:       3.25% – .85 points (3.42% APR),        3.5% – 0 points (3.54% APR)

30 year fixed FHA:       3.75% – 0 points (4.75% APR),

15 year fixed FHA:        3.25% – 0 points (3.59% APR)

30 year fixed VA:         3.75% – 0 points (3.82% APR)

Today's Interest Rates - July 7th 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado Home Loans. Arizona refinance, California refinance, Colorado refinance. Scottsdale, Arizona Mortgage Banker in McCormick Ranch. McCormick Ranch Loan Officer. Mortgage Rate Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. July 7th 2014 30 year fixed rates, July 8th 2014 30 year fixed rates, July 9th 2014 30 year fixed rates, July 10th 2014 30 year fixed rates, July 11th 2014 30 year fixed rates, July 12th 2014 30 year fixed rates, July 13rd 2014 30 year fixed rates.

MORTGAGE RATES MOVE HIGHER – JULY INTEREST RATE SPECIAL

Written by MORTGAGE NEWS

July 7, 2014 at 6:00 am

Posted in 0 cost mortgage, 0 point interest rates, 0 point mortgage, 0 points, 10 Year Fixed Interest Rates, 10/1 ARM rates, 15 Year Fixed FHA interest rates, 15 Year Fixed interest rates, 20 year fixed interest rates, 2014 Interest Rates, 30 Year Fixed FHA interest rates, 30 year fixed interest rates, 5/1 ARM interest rates, 7/1 ARM interest rates, arizona, Arizona direct lender, arizona foreclosure, arizona home loan, Arizona home loan interest rates, Arizona home values, Arizona mortgage, arizona mortgage banker, Arizona purchase mortgage, Arizona Real Estate, Arizona real estate agents, arizona realtor, Arizona Refinance, arizona short sale, Bond Market, california, California direct lender, california home loan, California home loan interest rates, california mortgage, california mortgage banker, california purchase mortgage, california real estate, california real estate agent, california realtor, California Refinance, Closing costs, colorado, colorado home loan, Colorado home loan interest rates, colorado mortgage banker, colorado purchase mortgage, colorado real estate, colorado real estate agent, colorado realtor, Colorado Refinance, Conforming interest rates, Conventional Interest Rates, Current mortgage interest rates, Fannie Mae, FHA, FHA Interest Rates, FHA no appraisal refinance, FHA streamline refinance, Freddie Mac, HARP, HARP 2.0, HARP 2.0 interest rates, HARP 3.0, HARP 3.0 interest rates, HARP Guidelines, HARP Interest Rates, High balance interest rates, Home Loan, home purchase loan, Interest Only Loan, interest rates, July 2014 Interest Rate Special, July 2014 Mortgage Interest Rates, July 2014 Non Farm Payroll Report, locking a loan, McCormick Ranch Mortgage Banker, McCormick Ranch Mortgage Loan Officer, mortgage, mortgage apr's, mortgage backed securities, Mortgage Rate sheet, Mortgage Rates, mortgage rates rise, No appraisal refinance, Rates, Real Estate, Real Estate Agent, refinance, refinance rates, scottsdale, Scottsdale Mortgage Banker, scottsdale real estate, scottsdale real estate agent, Today's Interest Rates, Today's mortgage aprs, Today's Mortgage Interest Rates, Today's Mortgage Rates, Uncategorized, VA, VA Interest Rates, VA IRRL, VA rates

Tagged with , , ,

INTEREST RATES HIT 1 MONTH LOWS / EXPECT VOLATILITY WEDNESDAY AND THURSDAY.

with one comment

INTEREST RATES HIT 1 MONTH LOWS / EXPECT VOLATILITY WEDNESDAY AND THURSDAY

July 1st, 2014

Interest rates improved last week after Monday with the Mortgage Backed Security (MBS) market closing up + 38 basis points.

We are still trading in a narrow range where the market usually doesn’t go above or below it’s moving average. When the bond market does pass a certain range – that is when you can see a lot of movement in interest rates. Until then, the rate range is somewhat secure with rates staying within a .125% window.

The end of this week will likely be very volatile with a smaller amount of traders due to early vacations. On Wednesday the ADP Private Payroll will be released, and on Thursday – the most important statistic in the US economy – the Non Farm Payroll report will be released. These reports usually create a lot of market movement anyways. When you add in a small amount of traders – the market could move quickly in a very short period of time.

I would recommend locking before Thursday to be safe.

For a free email mortgage quote, please visit the tab on the right or go to http://www.freemortgagequote.biz.

Below are today’s interest rates – have a wonderful week and a fantastic Independence Day!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

7/1 ARM at 3.375% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      4.125% – .43 points (4.215% APR),       4.25% – 0 points (4.28% APR)

20 year fixed:       3.875% – .97 points (4.07% APR),       4.125% – 0 points (4.15% APR)

15 year fixed:       3.125% – 1 point (3.32% APR),       3.375% – 0 points (3.41% APR)

10 year fixed:       3% – .9 points (3.18% APR),       3.25% – 0 points (3.28% APR)

5/1 ARM:        2.75% – 1 point (2.97% APR),        3.125% – 0 points (3.129% APR)

7/1 ARM:        3.125% – .95 points (3.32% APR),          3.375% – 0 points (3.52% APR)

30 year fixed FHA:        3.75% – 0 points (4.75% APR),

15 year fixed FHA:         3.25% – 0 points (3.59% APR)

30 year fixed VA:       3.75% – 0 points (3.82% APR)

Today's Interest Rates - July 1st, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado Home Loans. Arizona refinance, California refinance, Colorado refinance. Scottsdale, Arizona Mortgage Banker in McCormick Ranch. McCormick Ranch Loan Officer. Mortgage Rate Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. July 1st 2014 30 year fixed rates, July 2nd 2014 30 year fixed rates, July 3rd 2014 30 year fixed rates, July 4th 2014 30 year fixed rates, July 5th 2014 30 year fixed rates, July 6th 2014 30 year fixed rates, July 7th 2014 30 year fixed rates.

INTEREST RATES HIT 1 MONTH LOWS / EXPECT VOLATILITY WEDNESDAY AND THURSDAY

 

Written by MORTGAGE NEWS

July 1, 2014 at 1:18 pm

Posted in 0 cost mortgage, 0 point interest rates, 0 point mortgage, 0 points, 10 Year Fixed Interest Rates, 15 Year Fixed FHA interest rates, 15 Year Fixed interest rates, 20 year fixed interest rates, 2014 Interest Rates, 30 Year Fixed FHA interest rates, 30 Year Fixed VA Interest rates, 5/1 ARM interest rates, 7/1 ARM interest rates, arizona, Arizona direct lender, arizona foreclosure, arizona home loan, Arizona home loan interest rates, Arizona home values, Arizona mortgage, arizona mortgage banker, Arizona purchase mortgage, Arizona Real Estate, Arizona real estate agents, arizona realtor, Arizona Refinance, arizona short sale, Bond Market, california, California direct lender, california home loan, California home loan interest rates, california mortgage, california mortgage banker, california purchase mortgage, california real estate, california real estate agent, california realtor, California Refinance, colorado, colorado home loan, Colorado home loan interest rates, colorado mortgage banker, colorado purchase mortgage, colorado real estate, colorado real estate agent, colorado realtor, Colorado Refinance, Conforming interest rates, Conventional Interest Rates, Current mortgage interest rates, Current Mortgage Rates, Fannie Mae, FED, FHA, Fixed interest rates, Freddie Mac, HARP, HARP 2.0 interest rates, HARP 3.0 interest rates, HARP rates, High Balance Loan, Home Loan, home purchase loan, Interest Only Loan, interest rates, July 2014 Mortgage Interest Rates, July 2014 Non Farm Payroll Report, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, loan officer, locking a loan, mbs, McCormick Ranch Mortgage Banker, McCormick Ranch Mortgage Loan Officer, mortgage, Mortgage APR, mortgage apr's, mortgage backed securities, Mortgage Rate sheet, Mortgage Rates, No appraisal refinance, points, QE 3, Rates, Real Estate, Real Estate Agent, refinance, refinance rates, scottsdale, Scottsdale Mortgage Banker, scottsdale real estate, Today's Interest Rates, Today's mortgage aprs, Today's Mortgage Interest Rates, Today's Mortgage Rates, US economy, VA, VA Interest Rates, VA IRRL, VA rates

Tagged with , , , , ,

INTEREST RATES IMPROVE BY .3 BASIS POINTS IN PRICING

leave a comment »

INTEREST RATES IMPROVE BY .3 BASIS POINTS IN PRICING

June 24th, 2014

Last week and this week has been rather hectic with mortgage rate pricing.

Last week the Mortgage Backed Security market closed up + 41 bps marked by big movement days on Tuesday, Wednesday and Friday. This week the market closed down – 25 bps on Monday, but is trading up + 18 bps on Tuesday.

The end result from my last week’s update is that interest rate pricing has improved by about .3 pts in costs at any given rate as a result. So the rates are the same, but the costs to get each rate is lower.

Last week the Fed released their policy statement regarding inflation and lowered their stimulus another 10 billion. On Friday, the May employment report was released which came very close to forecasts with job creation going down to 218,000.

Overall we are in a pretty good place with interest rates right now. Rates are lower today than they were in June of 2013. Pricing is being supported by unrest in the world – most recently with the Iraq conflict.

For a free email mortgage quote, please email answer questions on right tab of this page or go to http://www.freemortgagequote.biz.

Below are today’s interest rates – have a wonderful week!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

20 Year Fixed at 4.125% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .75 points (4.275% APR),       4.25% – 0 points (4.29% APR)

20 year fixed:       4% – .48 points (4.09% APR),        4.125% – 0 points (4.16% APR)

15 year fixed:        3.25% – .88 points (3.44% APR),         3.5% – 0 points (3.52% APR)

10 year fixed:         3% – .99 points (3.2% APR),         3.25% – 0 points (3.28% APR)

5/1 ARM:        2.875% – .92 points (3.03% APR),         3.125% – 0 points (3.129% APR)

7/1 ARM:        3.25% – .76 points (3.4% APR),          3.5% – 0 points (3.52% APR)

30 year fixed FHA:       3.75% – 0 points (4.75% APR),

15 year fixed FHA:        3.25% – 0 points (3.57% APR)

30 year fixed VA:        3.75% – .47 points (3.87% APR),         3.875% – 0 points (3.92% APR)

Today's Interest Rates - June 24th, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado Home Loans. Arizona refinance, California refinance, Colorado refinance. Scottsdale, Arizona Mortgage Banker in McCormick Ranch. McCormick Ranch Loan Officer. Mortgage Rate Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. June 23rd 2014 30 year fixed rates, June 24th 2014 30 year fixed rates, June 25th 2014 30 year fixed rates, June 26th 2014 30 year fixed rates, June 27th 2014 30 year fixed rates, June 28th 2014 30 year fixed rates, June 30th 2014 30 year fixed rates.

INTEREST RATES IMPROVE BY .3 BASIS POINTS

RATES MOVE SLIGHTLY HIGHER / 30 YEAR FIXED STILL AT 4.125%

leave a comment »

RATES MOVE SLIGHTLY HIGHER   /    30 YEAR FIXED STILL AT 4.125%

June 16th, 2014

Interest rates moved higher over the past 2 weeks with the MBS market closing -55 bps the week before last, and -13 bps last week.
The rate market has gained some ground over the past 4 days though, pulling 30 year fixed rates back into 4.125% territory after being at 4.25% for the majority of the past 2 weeks.

Interest rates are still benefiting from the continued concern of military action across the globe – especially with Iraq heating up.

This week the FED meets with a statement on Wednesday. The market expects the FED to lower their bond purchasing by another 10 billion. This is par for the course due to their last few meetings and is priced into the market already. The FED will also release their quarterly forecast for inflation and GDP.

Overall, interest rates are staying relatively stable and I don’t see any major changes to interest rate pricing this week.

For a free email mortgage quote, please go to http://www.freemortgagequote.biz.

Below are today’s interest rates – have a wonderful week!!

BEST VALUE OF THE WEEK:

20 Year Fixed at 4.125% paying 0 points

5/1 ARM at 3.25% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      4.125% – 1 point (4.325% APR),      4.375% – 0 points (4.39% APR)

20 year fixed:      4% – .7 points (4.14% APR),       4.125% – 0 points (4.16% APR)

15 year fixed:      3.375% – .52 points (3.48% APR),       3.5% – 0 points (3.55% APR)

10 year fixed:       3% – 1 point (3.2% APR),       3.375% – 0 points (3.4% APR)

5/1 ARM:       2.875% – .93 points (3.06% APR),        3.25% – 0 points (3.3% APR)

7/1 ARM:       3.25% – .96 points (3.45% APR),       3.625% – 0 points (3.67% APR)

30 year fixed FHA:       3.75% – 0 points (4.75% APR),

15 year fixed FHA:       3.125% – 1 point (3.625% APR),       3.25% – 0 points (3.58% APR)

30 year fixed VA:             3.75% – .25 points (3.81% APR), 3.875% – 0 points (3.92% APR)

Today's Interest Rates - June 16th, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado Home Loans. Arizona refinance, California refinance, Colorado refinance. Scottsdale, Arizona Mortgage Banker in McCormick Ranch. McCormick Ranch Loan Officer. Mortgage Rate Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. June 16th 2014 30 year fixed rates, June 17th 2014 30 year fixed rates, June 18th 2014 30 year fixed rates, June 19th 2014 30 year fixed rates, June 20th 2014 30 year fixed rates, June 21st 2014 30 year fixed rates, June 22nd 30 year fixed rates.

RATES MOVE SLIGHTLY HIGHER   /    30 YEAR FIXED STILL AT 4.125%

 

Written by MORTGAGE NEWS

June 17, 2014 at 5:50 am

Posted in 0 cost mortgage, 0 point interest rates, 0 point mortgage, 0 points, 10 Year Fixed Interest Rates, 10/1 ARM rates, 15 Year Fixed FHA interest rates, 15 Year Fixed interest rates, 20 year fixed interest rates, 2014 Interest Rates, 30 Year Fixed FHA interest rates, 30 year fixed interest rates, 5/1 ARM interest rates, 7/1 ARM interest rates, arizona, Arizona direct lender, arizona foreclosure, arizona home loan, Arizona home loan interest rates, Arizona home values, Arizona mortgage, arizona mortgage banker, Arizona purchase mortgage, Arizona Real Estate, Arizona real estate agents, arizona realtor, Arizona Refinance, arizona short sale, Bond Market, california, California direct lender, california home loan, California home loan interest rates, california mortgage, california mortgage banker, california purchase mortgage, california real estate, california real estate agent, california realtor, California Refinance, Closing costs, colorado, colorado home loan, Colorado home loan interest rates, colorado mortgage banker, colorado purchase mortgage, colorado real estate, colorado real estate agent, colorado realtor, Colorado Refinance, Conforming interest rates, Current mortgage interest rates, Fannie Mae, FED, FED tapers 2014, Federal Open Market Committee, Federal Reserve Board, FHA, FHA Interest Rates, FHA mortgage insurance, FHA streamline refinance, FOMC meeting, Freddie Mac, HARP 2.0 interest rates, HARP 3.0 interest rates, HARP Interest Rates, HARP rates, High balance interest rates, High Balance Loan, Home Loan, home purchase loan, Interest Only Loan, interest rates, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, Jumbo rates, June 2014 Mortgage Interest Rates, locking a loan, mbs, McCormick Ranch Mortgage Banker, McCormick Ranch Mortgage Loan Officer, Mortgage APR, mortgage apr's, mortgage backed securities, mortgage banker, Mortgage Rate sheet, Mortgage Rates, purchase, Rates, Real Estate, Real Estate Agent, refinance, refinance rates, scottsdale, Scottsdale Mortgage Banker, scottsdale real estate, scottsdale real estate agent, The Federal Reserve Board, Today's Interest Rates, Today's mortgage aprs, Today's Mortgage Interest Rates, Today's Mortgage Rates, US economy, VA, VA Interest Rates, VA IRRL, VA rates

Tagged with , , , , ,

30 YEAR FIXED REMAIN AT 4.125% – BIG EVENTS ON THURSDAY AND FRIDAY COULD CHANGE RATE DIRECTION

leave a comment »

30 YEAR FIXED REMAIN AT 4.125% – BIG EVENTS ON THURSDAY AND FRIDAY COULD CHANGE RATE DIRECTION

June 3th, 2014

Mortgage rate pricing hit their best levels in close to 12 months on Wednesday of last week. The Mortgage Backed Security Market (MBS) market started last week off trading up +43 bps – continuing the rate improvement we have seen for much of the past 4 weeks.

On Thursday the market shifted, resulting in negative trading on Thursday, Monday, and so far Tuesday. Even so, interest rates are still excellent, hovering around their lowest levels in 11 months.

This is a huge week for interest rates with a ton of manufacturing and payroll data being released. The 2 most important events are on Thursday and Friday.

- The MBS market expects the European Central Bank to announce higher bond purchasing (quantitative easing) on Thursday. When the market expects something – the event is already factored into the pricing. If the European Central Bank does not announce more bond purchasing, expect a quick market reversal.

European+Central+Bank+HQ+Frankfurt+Germany

 

 

 

 

 

 

 

- On Friday – the important May employment report is released. The last couple reports have affected mortgage pricing more by revisions to prior months numbers than the month being reported on. The employment report almost always has a large affect on mortgage rate pricing, and usually shapes what will happen in the rate market for the next month.

Payroll

 

 

 

 

 

I’m still in the camp that locking makes more sense right now, especially with rate pricing moving higher over the past 4 days.

For a free email mortgage quote, please go to free mortgage quote tab on the right of this newsletter  or go to http://www.freemortgagequote.biz 

Below are today’s interest rates – have a wonderful week!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

7/1 ARM at 3.5% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .62 points (4.255% APR),       4.25% – 0 points (4.29% APR)

20 year fixed:      4% – .39 points (4.08% APR),       4.125% – 0 points (4.16% APR)

15 year fixed:       3.25% – .69 points (3.38% APR),         3.5% – 0 points (3.52% APR)

10 year fixed:       2.875% – .99 points (3.08% APR),         3.25% – 0 points (3.27% APR)

5/1 ARM:       2.75% – .92 points (2.93% APR),         3.125% – 0 points (3.129% APR)

7/1 ARM:         3.125% – .98 points (3.32% APR),        3.5% – 0 points (3.52% APR)

30 year fixed FHA:        3.75% – 0 points (4.75% APR),

15 year fixed FHA:        3.125% – .60 points (3.545% APR),        3.25% – 0 points (3.55% APR)

30 year fixed VA:        3.75% – .15 points (3.78% APR),        3.875% – 0 points (3.89% APR)

Today's Interest Rates - June 3rd, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado Home Loans. Arizona refinance, California refinance, Colorado refinance. Scottsdale, Arizona Mortgage Banker in McCormick Ranch. McCormick Ranch Loan Officer. Mortgage Rate Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Fannie Mae Home Path Mortgage, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline refinance mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinance, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages. June 3rd 2014 30 year fixed rates, June 4th 2014 30 year fixed rates, June 5th 2014 30 year fixed rates, June 6th 2014 30 year fixed rates, June 7th 2014 30 year fixed rates, June 8th 2014 30 year fixed rates, June 9th 2014 30 year fixed rates.

30 YEAR FIXED REMAIN AT 4.125% – BIG EVENTS ON THURSDAY AND FRIDAY COULD CHANGE RATE DIRECTION

 

Written by MORTGAGE NEWS

June 3, 2014 at 1:53 pm

Posted in 0 cost mortgage, 0 point interest rates, 0 point mortgage, 0 points, 10 Year Fixed Interest Rates, 10/1 ARM rates, 15 Year Fixed FHA interest rates, 15 Year Fixed interest rates, 20 year fixed interest rates, 2014 Interest Rates, 2014 Mortgage interest rates, 30 Year Fixed FHA interest rates, 30 year fixed interest rates, 30 Year Fixed VA Rates, 5/1 ARM interest rates, 7/1 ARM interest rates, Adjustable Rate Mortgage, arizona, Arizona direct lender, arizona foreclosure, arizona home loan, Arizona home loan interest rates, Arizona home values, Arizona mortgage, arizona mortgage banker, Arizona purchase mortgage, Arizona Real Estate, Arizona real estate agents, arizona realtor, Arizona Refinance, arizona short sale, california, California direct lender, california home loan, California home loan interest rates, california mortgage, california mortgage banker, california purchase mortgage, california real estate, california real estate agent, california realtor, California Refinance, Closing costs, colorado, colorado home loan, Colorado home loan interest rates, colorado mortgage banker, colorado purchase mortgage, colorado real estate, colorado real estate agent, colorado realtor, Colorado Refinance, Conforming interest rates, Conventional Interest Rates, Current mortgage interest rates, European Central Bank, Fannie Mae, FHA, FHA Interest Rates, FHA mortgage insurance, FHA no appraisal refinance, FHA rates, Freddie Mac, HARP 2.0 interest rates, HARP 3.0 interest rates, HARP rates, High balance interest rates, Home Loan, home purchase loan, interest rates, Jumbo, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, Jumbo rates, June 2014 Mortgage Interest Rates, locking a loan, May 2014 Non Farm Payroll report, mbs, McCormick Ranch Mortgage Banker, McCormick Ranch Mortgage Loan Officer, mortgage, mortgage apr's, mortgage backed securities, mortgage banker, Mortgage Rate sheet, Mortgage Rates, No appraisal refinance, points, purchase, Rates, Real Estate, Real Estate Agent, refinance, refinance rates, scottsdale, Scottsdale Mortgage Banker, scottsdale real estate, scottsdale real estate agent, Today's Interest Rates, Today's mortgage aprs, Today's Mortgage Interest Rates, Today's Mortgage Rates, today's rates, US economy, VA, VA Interest Rates, VA IRRL

Tagged with , , , ,

Follow

Get every new post delivered to your Inbox.

Join 37 other followers

%d bloggers like this: