MORTGAGE RATES IMPROVE 4 DAYS STRAIGHT / LOWEST RATES I HAVE OFFERED THIS YEAR
July 14th, 2014
After going higher every day the previous week, interest rates stayed the same on Monday and improved every other day of last week. The Mortgage Backed Security market closed trading + 65 bps, pushing 30 year fixed rates down to 4%, and 15 year fixed rates down to 2.875%.
Along with the recent rate improvement and my July interest rate special going out right now, this is the lowest rate pricing I have been able to offer in 2014.
When rates improve for 4 days straight, there is bound to be a correction so if you are looking at doing something – I would recommend locking on Monday.
This week will likely be more up and down with a lot of manufacturing reports due out and FED chief Janet Yellen testifying before Congress on Tuesday and Wednesday.
Have a great week!!
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.
BEST VALUE OF THE WEEK:
20 Year Fixed at 4% paying 0 points
30 Year Fixed FHA Loan at 3.75% with $0 costs
TODAY’S INTEREST RATES:
30 year fixed: 4% – .90 points (4.18% APR), 4.25% – 0 points (4.27% APR)
20 year fixed: 3.75% – .94 points (3.94% APR), 4% – 0 points (4.04% APR)
15 year fixed: 3.125% – .62 points (3.23% APR), 3.375% – 0 points (3.39% APR)
10 year fixed: 2.875% – .85 points (3.03% APR), 3.125% – 0 points (3.129% APR)
5/1 ARM: 2.75% – .99 points (2.95% APR), 3.125% – 0 points (3.13% APR)
7/1 ARM: 3.125% – .92 points (3.3% APR), 3.375% – 0 points (3.39% APR)
30 year fixed FHA: 3.5% – .61 points (4.6% APR), 3.75% – 0 points (4.75% APR)
15 year fixed FHA: 2.875% – .62 points (3.5% APR), 3.125% – 0 points (3.62% APR)
30 year fixed VA: 3.5% – .98 points (3.7% APR), 3.75% – 0 points (3.80% APR)
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. July 14th 2014 30 year fixed rates, July 15th 2014 30 year fixed rates, July 16th 2014 30 year fixed rates, July 17th 2014 30 year fixed rates, July 18th 2014 30 year fixed rates, July 19th 2014 30 year fixed rates, July 20th 2014 30 year fixed rates, July 21st 2014 30 year fixed rates.
MORTGAGE RATES IMPROVE 4 DAYS STRAIGHT / LOWEST RATES I HAVE OFFERED THIS YEAR
