INTEREST RATES HAVE GREAT WEEK – CLOSE TO LOWEST LEVELS OF 2014
April 14th, 2014
Interest rates continued their hot streak that started last week with the March employment report. Stocks continue to trade down which is helping drive money to the Bond market and the Mortgage Backed Security Market (MBS).
The MBS market has traded up 6 of the past 7 days and the one day that it didn’t trade up, it traded even. The MBS market closed last week up + 47 bps.
Interest rates are now at their lowest levels in a month and close to their lowest levels of 2014.
30 year fixed rates at 4.25% are now available paying .32 points, and a 4.375% is available with 0 points. A well qualified customer can get a 15 year fixed rate at 3.25% for .81 points, and 3.5% with 0 points.
Monday could be very telling. Usually rates don’t move one way for too long. Interest rate pricing has improved for 6 straight days. We are bound to have a rebound day soon.
For a free email mortgage quote, please email 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 4.375% with 0 points
20 Year Fixed at 4.125% with 0 points
TODAY’S INTEREST RATES:
**APR’s listed in rate sheet illustration**
30 year fixed: 4.25% – .31 points, 4.375% – 0 points
20 year fixed: 4% – .38 points, 4.125% – 0 points
15 year fixed: 3.25% – .81 points, 3.5% – 0 points
10 year fixed: 2.875% – .83 points, 3.125% – 0 points
5/1 ARM: 2.625% – .86 points, 2.875% – 0 points
7/1 ARM: 3% – .99 points, 3.25% – 0 points
30 year fixed FHA: 3.75% – .37 points, 3.875% – 0 points
15 year fixed FHA: 3.125% – .67 points, 3.25% – 0 points
30 year fixed VA: 3.75% – .12 points, 3.875% – 0 points
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. April 14th 2014 30 year fixed rates, April 15th 2014 30 year fixed rates, April 16th 2014 30 year fixed rates, April 17th 2014 30 year fixed rates, April 18th 2014 30 year fixed rates, April 19th 2014 30 year fixed rates, April 20th 2014 30 year fixed rates, April 21st 2014 30 Year Fixed Rates.
INTEREST RATES HAVE GREAT WEEK – CLOSE TO LOWEST LEVELS OF 2014
