RATES IMPROVE – **MARCH RATE LOCK SPECIAL**

RATES IMPROVE   –   **MARCH RATE LOCK SPECIAL**

March 3rd, 2014

My company is offering a March pricing special to drum up new business this month.  This is usually a limited time offer – only available on loans locked within the next couple days.

The special is:

.375 points off pricing at any rate on a conventional loan

.5 points off pricing at any rate on a FHA / VA loan

.25 points off pricing on High Balance Conforming, Jumbo, and FHA/VA Jumbo

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Please contact me as soon as possible if you would like to take advantage of this limited time offer.

Along with the pricing special, interest rates improved greatly last week.

The Mortgage Backed Security (MBS) market closed the week + 76 bps, and is currently trading + 20 bps higher on Monday.  This is pushing par 30 year fixed rates back to 4.25% and 15 year fixed rates back to 3.25%.

Now is a great time to lock with the improved rates and the March pricing special.

Below are today’s interest rates.  

Have a great week!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.5% with $0 costs

15 Year Fixed at 3.5% with $0 costs

TODAY’S RATES:

30 year fixed:     4.25% – .46 points,     4.375% – 0 points,     4.5% – $0 costs

20 year fixed:   4% – .43 points,     4.125% – 0 points,     4.25%  – $0 costs

15 year fixed:   3.25% – .57 points,     3.375% – 0 points,     3.5% – $0 costs

10 year fixed:   2.875% – .95 points,     3.125% – 0 points,     3.5% – $0 costs

5/1 ARM:   2.75% – .66 points,     3% – 0 points,     3.25% – $0 costs

7/1 ARM:    3% – .98 points,     3.25% – 0 points,     3.5% – $0 costs

30 year fixed FHA:     3.75% – 0 points,     3.875% – $0 costs

15 year fixed FHA:     3.25% – $0 costs

30 year fixed VA:     3.75% – 0 points,      3.875% – $0 costs

Today's Interest Rates - March 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.

RATES IMPROVE   –   **MARCH RATE LOCK SPECIAL**