TODAY’S INTEREST RATES – 30 YEAR FIXED AT 3.5%

TODAY’S INTEREST RATES – 30 YEAR FIXED AT 3.5%

April 22nd, 2013

It’s been an uneventful week for interest rates. The Mortgage Backed Security market closed the week trading up (+ 3 bps). It’s suprising that we didn’t see more positive interest rate momentum with the stock market having one of it’s worst weeks in the past year.

The DOW Jones closed last week trading down -317 and polls show Americans are becoming pessimistic about the economy again. Last week would typically result in improving rates, but US Treasuries and the MBS market couldn’t surpass technical indicators to cause rates to drop.

It’s possible we may have hit the rate floor. Interest rates are unbelievably low, but still not at the all time low levels hit last year.

Make it a great week!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 3.625% paying 0 points

TODAY’S RATES:

30 year fixed:      3.5% paying .20 points, 3.625% paying 0 points, 3.75% – $0 costs

20 year fixed:     3.375% paying .52 points, 3.5% paying 0 points, 3.625% – $0 costs

15 year fixed:      2.5% paying .99 points, 2.75% paying 0 points, 3% – $0 costs

5/1 ARM:      2% paying .99 points, 2.375% paying 0 points, 2.625% – $0 costs

7/1 ARM:     2.25% paying .99 points, 2.625% paying 0 points, 2.75%- $0 costs

30 year fixed High Balance Loan:     3.625% paying .82 points; 3.75% paying 0 points; 4% – $0 costs

30 year fixed FHA:     3.25% – $0 costs

15 year fixed FHA:     2.75% paying 0 points, 3% – $0 costs

30 year fixed VA:      3.25% – $0 costs

TR - 4-15-2013

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.  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 mortgages, Conforming mortgages, Conventional Mortgages, 100%  Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinances, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages.

TODAY’S INTEREST RATES – 30 YEAR FIXED AT 3.5%,  April 22nd, 2013