Meet Scottsdale’s Most Lovable Lenders

Happy Wednesday – Team Green. #scottsdalesmostlovablelenders, #stillhavemyluckycarebear, #screwnoheart, #teamgreen, #reggiegreen, #nathanieldillard.

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WEEKLY RATE – Rates Improve Slightly

WEEKLY RATE – Rates Improve Slightly

Interest rate pricing improved slightly last week and so far this week.  Overall, pricing is about .25 point lower on costs at each rate.

The Mortgage Backed Security Market (MBS) traded much higher on Thursday (+53 bps), but the market took a hit on Friday when the December US Non Farm Payroll report was released.  Although job creation didn’t meet expectations (this typically helps rates), the November job creation numbers were revised higher and the MBS market traded down -27 bps.

On the week, the MBS market closed up + 12 bps and closed this Monday up + 6 bps.  (good for rates)

So we did see some modest rate pricing improvement.  Long Term outlook is still that rates will slowly move higher.

For a free email mortgage quote, please answer questions on the right or go to:

WWW.FREEMORTGAGEQUOTE.BIZ

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

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .5 points (4.22% APR),       4.25% – 0 points (4.29% APR)

20 year fixed:       3.875% – .39 points (3.95% APR),     4.0% – 0 points (4.03% APR)

15 year fixed:        3.375% –  .69 points (3.51% APR),        3.625% – 0 points (3.67% APR)

10 year fixed:        3.125% – 1 point (3.32% APR),      3.375% – 0 points (3.4% APR)

5/1 ARM:        3.25% – .82 points (3.41% APR),      3.625% – 0 points (3.67% APR)

7/1 ARM:       3.375% – .26 points (3.43% APR),     3.75% – 0 points (3.8% APR)

30 year fixed FHA:        3.75% – .26 points (4.5% APR),      3.875% – 0 points (4.57% APR)

15 year fixed FHA:        3.375% – .93 points (3.86% APR),      3.625% – 0 points (3.92% APR)

30 year fixed VA:        3.75% – .51 points (3.85% APR),     3.875% – 0 points (3.9% APR)

todays-interest-rates-january-9th-2017

Today’s Mortgage Interest Rates.  Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, Colorado, Washington, and Virginia.  Arizona Home Loans, California Home Loans, Colorado Home Loans, Washington Home loans, Virginia 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.  January 9th 2016 30 year fixed rates, January 10th 2016 30 year fixed rates, January 11th 2016 30 year fixed rates, January 12th 30 year fixed rates, January 13th 2016 30 year fixed rates, January 14th 2016 30 year fixed rates, January 15th 2016 30 year fixed rates.

WEEKLY RATE – Rates Improve Slightly

2016 Final Numbers – Reggie Green and Team Green.

2016 Final Numbers – Reggie Green and Team Green.

Really proud of our numbers this year. Thanks to all our customers, referral partners, title/appraisal/insurance/advertising partners, and families for supporting us. If you are looking for a home loan or need a lending partner you can trust – We would love to work for you!! #grateful, #hardworkpaysoff, #teamgreen, #reggiegreen.

2016-funding-figures

WEEKLY RATE – Rates Improve Before the New Year, Likely to Move Back Up

WEEKLY RATE – Rates Improve Before the New Year, Likely to Move Back Up

Finally, mortgages got some good news with interest rates improving some in the week before New Year’s. 

The Mortgage Backed Security (MBS) market improved 3 of the 4 days and ended the week trading up + 91 bps.  Unfortunately, this is probably a short term improvement as traders strategically parked their investments in safer bonds with the lack of trading in the last week before New Year’s. 

Lock them in as I expect rates to continue to rise in 2017.

For a free email mortgage quote, please answer questions on the right or go to:

WWW.FREEMORTGAGEQUOTE.BIZ

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

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .78 points (4.28% APR),       4.25% – 0 points (4.3% APR)

20 year fixed:       3.875% – .66 points (4.0% APR),     4.0% – 0 points (4.05% APR)

15 year fixed:        3.375% –  .95 points (3.52% APR),        3.625% – 0 points (3.68% APR)

10 year fixed:        3.25% – .78 points (3.41% APR),      3.5% – 0 points (3.54% APR)

5/1 ARM:        3.25% – .99 points (3.45% APR),      3.75% – 0 points (3.8% APR)

7/1 ARM:       3.5% – .92 points (3.69% APR),     3.875% – 0 points (3.9% APR)

30 year fixed FHA:        3.75% – .28 points (4.5% APR),      3.875% – 0 points (4.57% APR)

15 year fixed FHA:        3.5% – .65 points (3.93% APR),      3.75% – 0 points (4.05% APR)

30 year fixed VA:        3.75% – .53 points (3.85% APR),     3.875% – 0 points (3.9% APR)

todays-interest-rates-january-2nd-2017

Today’s Mortgage Interest Rates.  Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, Colorado, Washington, and Virginia.  Arizona Home Loans, California Home Loans, Colorado Home Loans, Washington Home loans, Virginia 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.  January 2nd 2016 30 year fixed rates, January 3rd 2016 30 year fixed rates, January 4th 2016 30 year fixed rates, January 5th 30 year fixed rates, January 6th 2016 30 year fixed rates, January 7th 2016 30 year fixed rates, January 8th 2016 30 year fixed rates.

WEEKLY RATE – Rates Improve Before the New Year, Likely to Move Back Up

Treat Yourself, Don’t Cheat Yourself

Treat Yourself, Don’t Cheat Yourself. #teamgreen, #reggiegreen, #superlender.

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WEEKLY RATE – Interest Rates Choppy Before FED Interest Rate Decision

WEEKLY RATE – Interest Rates Choppy Before FED Interest Rate Decision

Mortgage rates swung up and down last week on a daily basis but at the end of the week, rates ended very similarly to where they started.

The Mortgage Backed Security (MBS) market traded up + 9 bps last week and is currently trading up + 24 bps this week.

On Thursday, the European Central Bank is issuing their policy statement.  If they issue a large extension to their bond purchasing program, we could see some rate improvement.

Next week on 12/14 the FED will issue their interest rate decision.  Will likely be some volatility before and after decision.

My interest rate outlook remains the same – I expect interest rate pricing to slowly rise.  I do not recommend waiting on the sidelines especially for a refinance.  I had many people do that in October and are now are upset with rate pricing .5% higher.  Rates are moving up and I would lock in if you want to do a loan.   

For a free email mortgage quote, please answer questions on the right or go to:

WWW.FREEMORTGAGEQUOTE.BIZ

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

TODAY’S INTEREST RATES:

30 year fixed:       3.99% – .99 points (4.19% APR),       4.25% – 0 points (4.28% APR)

20 year fixed:       3.875% – .92 points (4.06% APR),     4.125% – 0 points (4.16% APR)

15 year fixed:        3.25% –  .99 points (3.44% APR),        3.5% – 0 points (3.53% APR)

10 year fixed:        3.25% – .5 points (3.35% APR),      3.5% – 0 points (3.55% APR)

5/1 ARM:        3.5% – .83 points (3.7% APR),      4.0% – 0 points (4.1% APR)

7/1 ARM:       3.625% – .94 points (3.81% APR),     4.0% – 0 points (4.12% APR)

30 year fixed FHA:        3.75% – 0 points (4.55% APR)

15 year fixed FHA:        3.375% – .86 points (3.84% APR),      3.625% – 0 points (3.92% APR)

30 year fixed VA:        3.75% – .30 points (3.81% APR),     3.875% – 0 points (3.9% APR)

todays-interest-rates-december-5th-2016

Today’s Mortgage Interest Rates.  Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, Colorado, Washington, and Virginia.  Arizona Home Loans, California Home Loans, Colorado Home Loans, Washington Home loans, Virginia 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.  December 7th 2016 30 year fixed rates, December 8th 2016 30 year fixed rates, December 9th 2016 30 year fixed rates, December 10th 30 year fixed rates, December 11th 2016 30 year fixed rates, December 12th 2016 30 year fixed rates, December 13th 2016 30 year fixed rates.

WEEKLY RATE – Interest Rates Choppy Before FED Interest Rate Decision

November Funding Figures – Reggie Green / Team Green.

November Funding Figures – Reggie Green / Team Green. 68.6 million funded for the year as of 12/1. November was pretty good but December is tough sledding lol. A bit more time to do some of the things I’ve always wanted to do, but didn’t have the time. Stay tuned. #teamgreen, #reggiegreen.

november-funding-figures

WEEKLY RATE – Interest Rates See Improvement / Conventional Loan Limits Rise

WEEKLY RATE – Interest Rates See Improvement / Conventional Loan Limits Rise

After a rough few weeks, we are finally seeing some interest rate improvement partially due to worries over oil prices.

The Mortgage Backed Security (MBS) market is trading up + 61 bps this week.

Not a huge improvement and I don’t expect much more, but anything is welcome after rates went up .5% in rapid fashion. 

We have a big week this week with the Unemployment report and US Non Farm Jobs report coming out on Friday.  December is also the month the FED will meet and decide on a possible rate change. 

Rates will likely continue to be very volatile with the new data coming out.

Conventional loan limits are being raised on December 2nd from $417,000 to $424,100.  This is the first change since 2006.  Some higher priced areas will continue to after high balance conventional loans above that.

For a free email mortgage quote, please answer questions on the right or go to:

WWW.FREEMORTGAGEQUOTE.BIZ

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

TODAY’S INTEREST RATES:

30 year fixed:       3.99% – .9 points (4.18% APR),       4.25% – 0 points (4.28% APR)

20 year fixed:       3.875% – .89 points (4.05% APR),     4.0% – 0 points (4.07% APR)

15 year fixed:        3.25% –  .98 points (3.44% APR),        3.5% – 0 points (3.53% APR)

10 year fixed:        3.25% – .35 points (3.31% APR),      3.375% – 0 points (3.4% APR)

5/1 ARM:        3.375% – 1 point (3.57% APR),      3.875% – 0 points (3.9% APR)

7/1 ARM:       3.625% – .79 points (3.79% APR),     4.0% – 0 points (4.05% APR)

30 year fixed FHA:        3.625% – .87 points (4.49% APR),     3.75% – 0 points (4.45% APR)

15 year fixed FHA:        3.375% – .71 points (3.82% APR),      3.625% – 0 points (3.92% APR)

30 year fixed VA:        3.75% – .41 points (3.85% APR),     3.875% – 0 points (3.9% APR)

todays-interest-rates-november-29th-2016

Today’s Mortgage Interest Rates.  Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, Colorado, Washington, and Virginia.  Arizona Home Loans, California Home Loans, Colorado Home Loans, Washington Home loans, Virginia 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.  November 29th 2016 30 year fixed rates, November 30th 2016 30 year fixed rates, December 1st 2016 30 year fixed rates, December 2nd 30 year fixed rates, December 3rd 2016 30 year fixed rates, December 4th 2016 30 year fixed rates, December 5th 2016 30 year fixed rates.

WEEKLY RATE – Interest Rates See Improvement / Conventional Loan Limits Rise

WEEKLY RATE – Interest Rates Rise After Trump Win

WEEKLY RATE – Interest Rates Rise After Trump Win

Donald Trump winning the election on November 8th sent shock waves across the financial markets pushing interest rates about .375%-.5% higher than before the election.

donald-trump-funny-pictures-20

Many sectors of the stock market are up and the Mortgage Backed Security (MBS) market has tanked since the election.  From Wednesday to Monday, the MBS market dropped an astonishing -230 bps.  That’s close to the largest short term fall I’ve ever seen in 3 business days.

The bond market dropping is pushing interest rates to the highest levels we’ve seen in some time.  I was expecting some correction in the market (which we did see some small improvement this Tuesday) but nothing major has happened and it may not, as much of this trading appears irrational thus hard to predict. 

I’ve never seen an election affect interest rates anywhere near this one as usually there isn’t much interest rate and bond market movement.  The market clearly didn’t expect Trump to win and his election victory is causing major movement that is typically already baked into the market once the election happens.

With this unpredictable market and the threat of the FED raising rates in December, it’s much safer to lock versus floating. 

On the bright side, well qualified borrowers can still get a rate in the 3%’s.  Things could be worse.

For a free email mortgage quote, please answer questions on the right or go to:

WWW.FREEMORTGAGEQUOTE.BIZ

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

TODAY’S INTEREST RATES:

30 year fixed:       3.875% – .84 points (4.04% APR),       4.125% – 0 points (4.16% APR)

20 year fixed:       3.625% – .89 points (3.81% APR),     3.875% – 0 points (3.9% APR)

15 year fixed:        3.125% –  1 point (3.32% APR),        3.375% – 0 points (3.4% APR)

10 year fixed:        3.0% – 1 point (3.2% APR),      3.25% – 0 points (3.3% APR)

5/1 ARM:        3.5% – 1 point (3.7% APR)

7/1 ARM:       3.625% – 1 point (3.83% APR)

30 year fixed FHA:        3.5% – .82 points (4.36% APR),     3.75% – 0 points (4.45% APR)

15 year fixed FHA:        3.125% – .99 points (3.62% APR),      3.375% – 0 points (3.68% APR)

30 year fixed VA:        3.5% – 1 point (3.7% APR),     3.75% – 0 points (3.8% APR)

todays-interest-rates-november-16th-2016

Today’s Mortgage Interest Rates.  Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, Colorado, Washington, and Virginia.  Arizona Home Loans, California Home Loans, Colorado Home Loans, Washington Home loans, Virginia 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.  November 16th 2016 30 year fixed rates, November 17th 2016 30 year fixed rates, November 18th 2016 30 year fixed rates, November 19th 30 year fixed rates, November 20th 2016 30 year fixed rates, November 21st 2016 30 year fixed rates, November 22nd 2016 30 year fixed rates.

WEEKLY RATE – Interest Rates Rise After Trump Win

Zillow Review – Wilson

Thanks Mrs. Wilson for your awesome review. We appreciate your business!!

zillow-review-wilson

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