Mortgage News and Rates

Mortgage News and Rates

Rates Move Up 4 of the last 5 days – FED statement on Wednesday

Rates Move Up 4 of the last 5 days – FED statement on Wednesday

September 15th, 2014

After a modest gain last Monday of + 4 bps, Interest rates went up Tuesday through Friday with the Mortgage Backed Security (MBS) market ending down – 71 bps on the week.

On Monday – the market closed + 15 bps, pulling up a bit higher over the 200 day average.

The big news this week is the FED meeting and subsequent Janet Yellen press conference. There is considerable belief that the FED will change the verbiage of the official policy statement – removing the notion that the FED would not hike rates for a considerable time after their asset purchasing ends.   This has caused anxiety and sell offs in the MBS market – the market most closely associated to Interest Rates.

I would highly recommend locking before Wednesday to protect yourself.

Currently rates are a bit higher but still in the general range they have maintained for most of the past year and 2 months.

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 4.375% paying 0 points

15 Year Fixed at 3.5% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:        4.25% – .42 points (4.33% APR),         4.375% – 0 points (4.39% APR)

20 year fixed:       4% – .98 points (4.2% APR),         4.125% – 0 points (4.16% APR)

15 year fixed:        3.375% – .65 points (3.5% APR),        3.5% – 0 points (3.55% APR)

10 year fixed:        3.125% – .97 points (3.28% APR),        3.375% – 0 points (3.41% APR)

5/1 ARM:       3% – .78 point (3.17% APR),         3.25% – 0 points (3.3% APR)

7/1 ARM:        3.25% – .68 points (3.37% APR),         3.625% – 0 points (3.7% APR)

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

15 year fixed FHA:         3.25% – 0 points (3.55% APR)

30 year fixed VA:        3.75% – .20 points (3.79% APR), 3.875% – 0 points (3.9% APR)

Today's Interest Rates - September 15th, 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, HARP 3.0 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. September 15th 2014 30 year fixed rates, September 16th 2014 30 year fixed rates, September 17th 2014 30 year fixed rates, September 18th 2014 30 year fixed rates, September 19th 2014 30 year fixed rates, September 20th 2014 30 year fixed rates, September 21st2014 30 year fixed rates.

Rates Move Up 4 of the last 5 days – FED statement on Wednesday

Written by MORTGAGE NEWS

September 15, 2014 at 9:38 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, Fannie Mae, FED, Federal Open Market Committee, Federal Reserve Board, FHA, FHA Interest Rates, FHA mortgage insurance, FHA no appraisal refinance, FHA streamline refinance, Fixed interest rates, FOMC, Freddie Mac, HARP 2.0, HARP 2.0 interest rates, HARP 3.0 interest rates, HARP rates, High balance interest rates, Home Loan, home purchase loan, Interest Only Loan, Janet Yellen, Jumbo, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, Jumbo rates, locking a loan, maricopa county, mbs, McCormick Ranch Mortgage Banker, McCormick Ranch Mortgage Loan Officer, mortgage, Mortgage APR, mortgage apr's, mortgage backed securities, mortgage banker, Mortgage Rate sheet, mortgage rates rise, No appraisal refinance, phoenix, points, Rates, Real Estate, Real Estate Agent, refinance, refinance rates, Scottsdale Mortgage Banker, scottsdale real estate, scottsdale real estate agent, The Federal Funds Rate, The Federal Reserve Board, 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

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RATES RISE – 30 YEAR FIXED TO 4.125%

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RATES RISE – 30 YEAR FIXED TO 4.125%

September 8th, 2014

Last week had 2 important events for interest rates.

On Thursday – the ECB announced a less than expected plan and no specifics to deal with the European Union’s problems. Mortgage backed securities sold off – and rates rose.

On Friday – the August employment report was released and non farm job creation fell well below expectations. The market estimated 225k in job growth, but the report revealed only 143k new jobs. The problem is August is notoriously bad and hard to gauge correct job creation with the amount of seasonal employment in the month. The MBS market initially went way up, but then came back to close to even with the realization that these numbers will most likely be adjusted higher with most other economic reports showing improvement.

MBS ended the week trading down – 35 bps – pushing interest rate pricing a bit higher. 30 year fixed rates are now at 4.125% paying less than a point. Most other products didn’t change much on the rate, but the closing costs are higher for each rate.

I still believe there is not much to gain by floating a rate, and locking is the better option.

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:

7/1 ARM at 3.375% paying 0 points

30 Year Fixed FHA at 3.75% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .15 points (4.15% APR),       4.25% – 0 points (4.29% APR)

20 year fixed:      3.875% – .63 points (3.99% APR),       4.125% – 0 points (4.14% APR)

15 year fixed:       3.25% – .75 points (3.39% APR),        3.5% – 0 points (3.53% APR)

10 year fixed:      3.0% – .97 points (3.2% APR),       3.125% – 0 points (3.13% APR)

5/1 ARM:       2.75% – .89 point (2.91% APR),       3% – 0 points (3.05% APR)

7/1 ARM:       3.125% – .54 points (3.23% APR),        3.375% – 0 points (3.4% APR)

30 year fixed FHA:       3.375% – 1 point (4.575% APR),       3.625% – 0 points (4.65% APR)

15 year fixed FHA:      3% – .98 points (3.5% APR),       3.25% – 0 points (3.55% APR)

30 year fixed VA:       3.5% – .80 points (3.66% APR),        3.75% – 0 points (3.78% APR)

Today's Interest Rates - September 8th, 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, HARP 3.0 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. September 8th 2014 30 year fixed rates, September 9th 2014 30 year fixed rates, September 11th 2014 30 year fixed rates, September 12th 2014 30 year fixed rates, September 13th 2014 30 year fixed rates, September 14th 2014 30 year fixed rates, September 15th 2014 30 year fixed rates.

RATES RISE – 30 YEAR FIXED TO 4.125%

Written by MORTGAGE NEWS

September 8, 2014 at 3:00 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, 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, 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, direct lender, Fannie Mae, FHA, FHA 15 Year Fixed, FHA 30 Year Fixed, FHA Interest Rates, FHA no appraisal refinance, FHA streamline 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, Interest Only Loan, interest rates, Interest Rates Rise, Jumbo, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, Jumbo rates, locking a loan, mbs, 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, 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, US economy, VA, VA Interest Rates, VA IRRL, VA rates

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INTEREST RATES IMPROVE 7 STRAIGHT DAYS / VOLATILITY AHEAD

INTEREST RATES IMPROVE 7 DAYS STRAIGHT / VOLATILITY AHEAD

September 3rd, 2014

I hope everyone had a happy and safe Labor Day weekend.

Interest rates improved 7 days straight with the Mortgage Backed Security market trading higher every day last week and closing + 38 bps higher on the week. Unfortunately, the MBS market sold off some on Tuesday, selling down -27 bps and taking away most of the gains from last week.

Currently 30 year fixed rates sit at 4% paying .87 points, and 4.125% paying 0 points.

This week has a lot of economic data coming out and I would recommend locking pricing before Friday.

Thursday – the European Central Bank (ECB) will meet and many hope they reveal an asset purchasing plan that will push more money into the economy.

Friday – the all important August employment report will be released.

I think rates could go a bit higher this week and there will likely be more volatility this week than normal. Even so, I don’t see huge rate swings but most likely closing costs swings at any given rate. I still see rates trading in a relatively narrow range as they have done for most of 2014.

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. Have a great week!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.125% paying 0 points

15 Year Fixed at 3.375% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      4% – .87 points (4.17% APR),       4.125% – 0 points (4.17% APR)

20 year fixed:       3.75% – .84 points (3.91% APR),       4% – 0 points (4.04% APR)

15 year fixed:       3.25% – .58 points (3.36% APR),        3.375% – 0 points (3.41% APR)

10 year fixed:       3.0% – 1 point (3.2% APR),        3.25% – 0 points (3.28% APR)

5/1 ARM:       2.75% – .81 point (2.91% APR),        3% – 0 points (3.05% APR)

7/1 ARM:       3.125% – .51 points (3.23% APR),       3.375% – 0 points (3.4% APR)

30 year fixed FHA:       3.375% – .82 points (4.575% APR),        3.625% – 0 points (4.65% APR)

15 year fixed FHA:        3% – .97 points (3.5% APR),         3.25% – 0 points (3.55% APR)

30 year fixed VA:        3.5% – .72 points (3.65% APR),        3.75% – 0 points (3.78% APR)

Today's Interest Rates - September 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, HARP 3.0 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. September 3rd 2014 30 year fixed rates, September 4th 2014 30 year fixed rates, September 5th 2014 30 year fixed rates, September 6th 2014 30 year fixed rates, September 7th 2014 30 year fixed rates, September 8th 2014 30 year fixed rates, September 9th 2014 30 year fixed rates.

INTEREST RATES IMPROVE 7 DAYS STRAIGHT / VOLATILITY AHEAD

Written by MORTGAGE NEWS

September 3, 2014 at 7:47 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, 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, 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, FED, FHA, FHA no appraisal refinance, FHA streamline refinance, Freddie Mac, 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, Interest Only Loan, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, locking a loan, mbs, McCormick Ranch Mortgage Banker, McCormick Ranch Mortgage Loan Officer, mortgage, Mortgage APR, mortgage apr's, mortgage backed securities, mortgage rates improve, No appraisal refinance, points, purchase, Rates, Real Estate, Real Estate Agent, refinance, refinance rates, scottsdale, Scottsdale Mortgage Banker, scottsdale real estate, September 2014 Mortgage Interest Rates, Today's mortgage aprs, Today's Mortgage Interest Rates, US economy, VA Interest Rates, VA IRRL

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30 YEAR FIXED TO 4%

30 YEAR FIXED TO 4%

August 26th, 2014

Last week saw interest rates move up at the beginning of the week and improve near the end of the week. The Mortgage Backed Security (MBS) market ended last week trading down – 31 bps. At the close of trading on Tuesday of this week – the MBS market is trading up + 9 bps.

Even though the MBS market is down over the past week and a half – my interest rate pricing is right in line with the best rates I’ve been able to offer this year.

My 30 year fixed conforming product is now available at 4% with less than a point, and 4.125% with 0 points.

We continue to see securities trading in very narrow ranges and interest rates refusing to dip below a certain level. That has been the case for most of 2014. We likely won’t see rates fall dramatically without a major market moving event.

There is increased speculation that the European Central Bank could start their own asset purchasing/quantitative easing program which would definitely be a major market event. This would make Wall Street very happy with more money being pumped into the World’s financial markets.

At the current time though, I see interest rates staying right around their current level without a ton of movement up or down.

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 4.125% paying 0 points

5/1 ARM at 3% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4% – .8 points (4.16% APR),        4.125% – 0 points (4.17% APR)

20 year fixed:       3.75% – .76 points (3.9% APR),       3.875% – 0 points (3.92% APR)

15 year fixed:        3.125% – .91 points (3.32% APR),        3.375% – 0 points (3.4% APR)

10 year fixed:        3.0% – .86 points (3.16% APR),        3.25% – 0 points (3.28% APR)

5/1 ARM:        2.75% – 1 point (2.95% APR),        3% – 0 points (3.05% APR)

7/1 ARM:       3.125% – .78 points (3.27% APR),         3.375% – 0 points (3.4% APR)

30 year fixed FHA:       3.375% – .72 points (4.515% APR),        3.625% – 0 points (4.65% APR)

15 year fixed FHA:       3% – .93 points (3.5% APR),         3.25% – 0 points (3.55% APR)

30 year fixed VA:       3.5% – .52 points (3.62% APR),          3.625% – 0 points (3.69% APR)

Today's Interest Rates - August 26th, 2013

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, HARP 3.0 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. August 26th 2014 30 year fixed rates, August 27th 2014 30 year fixed rates, August 28th 2014 30 year fixed rates, August 29th 2014 30 year fixed rates, August 30th 2014 30 year fixed rates, August 31st 2014 30 year fixed rates, September 1st 2014 30 year fixed rates.

30 Year Fixed to 4%

RATES CLOSE TO LOWEST LEVELS OF THE YEAR

RATES CLOSE TO LOWEST LEVELS OF THE YEAR

August 19th, 2014

Mortgage rates hit their lowest levels in 2 months on Friday when concern over escalation of the Ukraine/Russia conflict had investors trading for safety. The Mortgage Backed Security Market closed the day up + 26 basis points, and finished last week up + 40 bps.

As is typical in this market where much of the rate changes are in response to geopolitical headlines, the MBS market closed down – 36 bps on Monday when no military action took place in Ukraine/Russia over the weekend.

The markets will likely continue to follow this trend with rates improving when escalation of military action abroad is expected/happening and rates will go up when it appears a peaceful resolution is coming.

Although Monday took back much of the gains of last week, so far on Tuesday the MBS market is trading up + 16 bps and mortgage interest rates are still at some of the lowest levels of the year.

Janet Yellen, the FED chief, is speaking at a banker’s conference on Friday. She is expected to address Labor Markets and a possible rate increase. This is something to pay attention to as whenever the Federal Reserve Board speaks – the market listens and it can move interest rate pricing in a hurry.

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:

5/1 ARM at 3% paying 0 points

20 Year Fixed at 3.875% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .19 points (4.165% APR),        4.25% – 0 points (4.28% APR)

20 year fixed:         3.75% – .44 points (3.84% APR),         3.875% – 0 points (3.92% APR)

15 year fixed:         3.125% – .98 points (3.32% APR),         3.375% – 0 points (3.4% APR)

10 year fixed:         3.0% – .51 points (3.1% APR),         3.125% – 0 points (3.16% APR)

5/1 ARM:         2.75% – .72 points (2.89% APR),          3% – 0 points (3.05% APR)

7/1 ARM:         3% – .99 points (3.2% APR),           3.25% – 0 points (3.3% APR)

30 year fixed FHA:         3.5% – .23 points (4.56% APR),           3.625% – 0 points (4.65% APR)

15 year fixed FHA:         3% – .79 points (3.44% APR),          3.25% – 0 points (3.55% APR)

30 year fixed VA:         3.5% – .61 points (3.62% APR),           3.75% – 0 points (3.77% APR)

Today's Interest Rates - August 19th, 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. August 19th 2014 30 year fixed rates, August 20th 2014 30 year fixed rates, August 21st 2014 30 year fixed rates, August 22nd 2014 30 year fixed rates, August 23rd 2014 30 year fixed rates, August 24th 2014 30 year fixed rates, August 25th 2014 30 year fixed rates.

Rates Close to Lowest Levels of the Year.

Written by MORTGAGE NEWS

August 19, 2014 at 2:00 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, August 2014 Mortgage Interest Rates, 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, DU Refi Plus, Fannie Mae, FED, Federal Reserve Board, FHA, FHA Interest Rates, FHA no appraisal refinance, FHA streamline refinance, Freddie Mac, HARP, HARP 2.0 interest rates, HARP 3.0 interest rates, HARP Interest Rates, Home Loan, home purchase loan, Interest Only Loan, interest rates, Janet Yellen, Jumbo, jumbo interest rates, Jumbo mortgage loan interest rates, mbs, McCormick Ranch Mortgage Banker, Mortgage APR, mortgage backed securities, Mortgage Rate sheet, Mortgage Rates, mortgage rates improve, No appraisal refinance, phoenix, points, Rates, Real Estate, Real Estate Agent, refinance, refinance rates, scottsdale, Scottsdale Mortgage Banker, scottsdale real estate, scottsdale real estate agent, Today's mortgage aprs, Today's Mortgage Interest Rates, Today's Mortgage Rates, US treasuries, VA, VA Interest Rates, VA rates

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RATES MOVE SIDEWAYS / VOLATILITY AHEAD

RATES MOVE SIDEWAYS / VOLATILITY AHEAD

August 10th, 2014

Mortgage rates moved sideways last week even though the MBS market closed the week trading up + 22 bps. Markets hit their highs on Thursday with geopolitical concerns causing investors to seek safety in treasuries and bonds.

On Friday – after trading higher for much of the day – Mortgage Backed Securities closed sharply lower after Russia ended military drills on the Ukraine border and speculation that the conflict in this region was deescalating.

Mortgage interest rates are artificially lower than they should be due to military conflicts around the world.

A lot of people I follow see mortgage rates entering into a volatile week with the possibility that mortgage rates could move higher. They have been holding at this low level for some time when most experts predicted mortgage rates to move significantly higher in 2014. My recommendation is to lock.

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 3.5% paying 0 points

TODAY’S INTEREST RATES:

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

20 year fixed:       3.75% – .99 points (3.95% APR),        4.125% – 0 points (4.17% APR)

15 year fixed:       3.25% – .91 points (3.43% APR),        3.5% – 0 points (3.53% APR)

10 year fixed:       3.0% – .73 points (3.14% APR),       3.25% – 0 points (3.29% APR)

5/1 ARM:       2.75% – .85 points (2.92% APR),       3% – 0 points (3.05% APR)

7/1 ARM:       3.125% – .71 points (3.25% APR),         3.375% – 0 points (3.4% APR)

30 year fixed FHA:       3.5% – .51 points (4.6% APR),       3.625% – 0 points (4.65% APR)

15 year fixed FHA:       3.25% – 0 points (3.55% APR)

30 year fixed VA:        3.5% – .88 points (3.7% APR),       3.75% – 0 points (3.8% APR)

Today's Interest Rates - August 11th, 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. August 11th 2014 30 year fixed rates, August 12th 2014 30 year fixed rates, August 13th 2014 30 year fixed rates, August 14th 2014 30 year fixed rates, August 15th 2014 30 year fixed rates, August 16th 2014 30 year fixed rates, August 17th 2014 30 year fixed rates.

RATES MOVE SIDEWAYS     /    VOLATILITY AHEAD

Written by MORTGAGE NEWS

August 11, 2014 at 7:44 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, 2014 Mortgage interest rates, 30 Year Fixed FHA interest rates, 30 year fixed 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, August 2014 Mortgage Interest Rates, 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, FHA, FHA 15 Year Fixed, FHA 30 Year Fixed, FHA mortgage insurance, FHA no appraisal refinance, FHA streamline refinance, foreclosure, Freddie Mac, HARP, 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 prices, home purchase loan, Interest Only Loan, Jumbo, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, locking a loan, mbs, McCormick Ranch Mortgage Banker, mortgage, Mortgage APR, mortgage apr's, mortgage backed securities, Mortgage Rate sheet, Mortgage Rates, mortgage rates improve, 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, US economy, US treasuries, VA, VA Interest Rates, VA IRRL

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MORTGAGE RATES RECOVER AFTER JOBS REPORT

MORTGAGE RATES RECOVER AFTER JOBS REPORT

August 4th, 2014

Mortgage Rates were extremely volatile last week with a lot of movement in the Mortgage Backed Security Market.

On Wednesday – mortgage interest rate pricing shot up sharply with GDP data coming in higher than expected. The MBS market ended the day trading down – 68 bps. Friday, was the important July jobs report. If non farm payroll jobs increased more than expected – we could have seen a significant move higher in interest rates. Luckily, the data came back slightly lower than expected. Market analysts expected non farm payroll jobs to increase over 233,000. The numbers came back at 209,000. The MBS closed Friday + 42 bps, recovering much of the losses from earlier in the week.

On the week, the MBS market closed -12 bps.

In the end – interest rate pricing is very similar to where we started the week. 30 year fixed mortgage rates are starting at 4.125% and 15 year fixed mortgage rates are starting at 3.25%. Interest rates have remained in a tight range for most of 2014 – and I expect that to continue this week with some possible rate improvement. We dodged a bullet with the Friday jobs report – that could have been the event that finally pushed rates higher than their current levels.

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

20 Year Fixed at 4.125% with $0 costs

TODAY’S INTEREST RATES:

30 year fixed:      4.125% – .52 points (4.235% APR),        4.25% – 0 points (4.3% APR)

20 year fixed:         3.875% – .80 points (4.03% APR),        4.125% – 0 points (4.17% APR)

15 year fixed:        3.25% – .78 points (3.42% APR),         3.5% – 0 points (3.53% APR)

10 year fixed:        3.125% – .6 points (3.24% APR),        3.25% – 0 points (3.29% APR)

5/1 ARM:        2.75% – .9 points (2.93% APR),         3.125% – 0 points (3.13% APR)

7/1 ARM:        3.125% – .86 points (3.31% APR),          3.375% – 0 points (3.4% APR)

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

15 year fixed FHA:        3.25% – 0 points (3.55% APR)

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

Today's Interest Rates - August 4th, 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. August 4th 2014 30 year fixed rates, August 5th 2014 30 year fixed rates, August 6th 2014 30 year fixed rates, August 7th 2014 30 year fixed rates, August 8th 2014 30 year fixed rates, August 9th 2014 30 year fixed rates, August 10th 2014 30 year fixed rates.

MORTGAGE RATES RECOVER AFTER JOBS REPORT

Written by MORTGAGE NEWS

August 4, 2014 at 1:57 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, 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, August 2014 Mortgage Interest Rates, 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 interest rates, Current mortgage interest rates, direct lender, Fannie Mae, FED, FHA, FHA no appraisal refinance, FHA rates, FHA streamline refinance, Freddie Mac, HARP, HARP 2.0, HARP 2.0 interest rates, HARP 3.0, HARP 3.0 interest rates, HARP Interest Rates, HARP rates, High balance interest rates, High Balance Loan, Home Loan, home prices, home purchase loan, home values, Interest Only Loan, interest rates, July 2014 jobs report, July GDP numbers, Jumbo, jumbo interest rates, jumbo mortgage loan, Jumbo mortgage loan interest rates, locking a loan, mbs, McCormick Ranch Mortgage Banker, Mortgage APR, mortgage apr's, mortgage backed securities, mortgage banker, Mortgage Rate sheet, Mortgage Rates, mortgage rates improve, 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 mortgage aprs, Today's Mortgage Interest Rates, US economy, VA, VA Interest Rates, VA IRRL

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