Interest Rates Improve on Friday – FED announcement on Wednesday

Interest Rates Improve on Friday – FED announcement on Wednesday

Interest rates had a nice day on Friday after moving up the majority of the week before that. The Mortgage Backed Security (MBS) closed up + 35 bps on Friday, but still closed the week down -5 bps.

30 year fixed rates are now available at 3.625% paying .66 points (3.75% APR), and 3.75% paying 0 points (3.78% APR). 15 year fixed rates are now available at 2.875% paying .79 points (3.03% APR), and 3.125% paying 0 points (3.13% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

This week, the big news is the policy statement on Wednesday from the FED. The Federal Open Market Committee (FOMC) will meet Tuesday and Wednesday and then issue a statement on Wednesday. The statement should give a better outlook on the FED’s long term plans with the Federal Fund rate. This has the capability of being a big interest rate mover.

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!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 3.75% paying 0 points

20 Year Fixed at 3.625% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      3.625% – .66 points (3.75% APR),       3.75% – 0 points (3.78% APR)

20 year fixed:       3.375% – 1 point (3.57% APR),       3.625% – 0 points (3.66% APR)

15 year fixed:       2.875% – .79 points (3.03% APR),       3.l25% – 0 points (3.13% APR)

10 year fixed:       2.75% – .7 points (2.89% APR),        2.875% – 0 points (2.89% APR)

5/1 ARM:       2.75% – .84 points (2.91% APR),       3.125% – 0 points (3.13% APR)

7/1 ARM:        3.0% – .85 points (3.17% APR),         3.25% – 0 points (3.29% APR)

30 year fixed FHA:        3.25% – .32 points (4.01% APR),        3.375% – 0 points (4.07% APR)

15 year fixed FHA:        2.75% – .56 points (3.16% APR),        2.875% – 0 points (3.175% APR)

30 year fixed VA:        3.25% – .57 points (3.36% APR),         3.375% – 0 points (3.4% APR)

Today's Interest Rates - April 27th, 2015

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, 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. April 27th 2015 30 year fixed rates, April 28th 2015 30 year fixed rates, April 29th 2015 30 year fixed rates, April 30th 2015 30 year fixed rates, May 1st 2015 30 year fixed rates, May 2nd 2015 30 year fixed rates, May 3rd 2015 30 year fixed rates.

Interest Rates Improve on Friday – FED announcement on Wednesday

Interest Rates Hit 2 Month Lows

Interest Rates Hit 2 Month Lows

Interest rates hit 2 month lows after the March job report was released on Friday. Job creation was much lower than expected and the job creation figure was the biggest drop off in over a year from the previous month.

Overall on the week – the Mortgage Backed Security (MBS) market closed up + 73 bps, helping push rates to their lowest levels in 2 months. So far this week we have seen a small pullback with the MBS market closing down -16 bps.

30 year fixed rates are now available at 3.625% paying .45 points (3.71% APR), and 3.75% paying 0 points (3.77% APR). 15 year fixed rates are now available at 2.875% paying .68 points (3.011% APR), and 2.99% paying 0 points (3.05% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

It’s still a great time to lock in and take advantage of the lowest rates since January 2015.

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!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 3.75% paying 0 points

15 Year Fixed at 2.99% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:     3.625% – .48 points (3.71% APR),       3.75% – 0 points (3.77% APR)

20 year fixed:       3.375% – .91 points (3.557% APR),        3.5% – 0 points (3.67% APR)

15 year fixed:        2.875% – .68 points (3.011% APR),        2.99% – 0 points (3.05% APR)

10 year fixed:       2.75% – .58 points (2.86% APR),       2.875% – 0 points (2.89% APR)

5/1 ARM:      2.75% – .7 points (2.89% APR),        3.0% – 0 points (3.05% APR)

7/1 ARM:       2.875% – .74 points (3.023% APR),        3.125% – 0 points (3.17% APR)

30 year fixed FHA:        3.25% – .26 points (4.03% APR),         3.375% – 0 points (4.07% APR)

15 year fixed FHA:        2.75% – .4 points (3.13% APR),         2.875% – 0 points (3.175% APR)

30 year fixed VA:        3.25% – .51 points (3.35% APR),         3.375% – 0 points (3.4% APR)

Today's Interest Rates - April 7th, 2015

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, 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. April 7th 2015 30 year fixed rates, April 8th 2015 30 year fixed rates, April 9th 2015 30 year fixed rates, April 10th 2015 30 year fixed rates, April 11th 2015 30 year fixed rates, April 12th 2015 30 year fixed rates, April 13th 2015 30 year fixed rates.

Interest Rates Hit 2 Month Lows

MARCH 2015 FUNDING FIGURES – REGGIE GREEN

March Funding Figures. 21 loans for $6,772,035. Thanks to all the homeowner’s who trusted me with their home loan, my referral partners who help me grow my business, my great processing/underwriting/title team and my family who’s support allows me to excel at what I do.

March Flyer

 

Interest Rates Up and Down Before Payroll Report on Friday

Interest Rates Up and Down Before Payroll Report on Friday

April 1st, 2015

After improving for two weeks straight, interest rates shot up in the middle of last week with the Mortgage Backed Security (MBS) market trading substantially lower on Wednesday and Thursday. This is a somewhat expected pull back when rates go one direction for an extended period of time. Luckily the MBS market has pulled back up, closing positive on Friday and Monday and Tuesday of this week. Overall, the MBS market closed down -18 bps last week and is currently trading up + 42 bps this week.

30 year fixed rates are now available at 3.625% paying .82 points (3.78% APR), and 3.75% paying 0 points (3.79% APR). 15 year fixed rates are now available at 2.875% paying .96 points (3.066% APR), and 3.125% paying 0 points (3.13% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

On the first Friday of every month, the non farm payroll report is released. This is the biggest market moving report of them all. I would recommend locking your loan before Friday as this report will typically make the market very volatile.

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!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 3.75% paying 0 points

20 Year Fixed at 3.625% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       3.625% – .82 points (3.78% APR),       3.75% – 0 points (3.79% APR)

20 year fixed:       3.5% – .27 points (3.55% APR),        3.625% – 0 points (3.67% APR)

15 year fixed:       2.875% – .96 points (3.066% APR),        3.125% – 0 points (3.13% APR)

10 year fixed:        2.75% – .61 points (2.87% APR),        2.875% – 0 points (2.9% APR)

5/1 ARM:       2.625% – 1 point (2.82% APR),        3.0% – 0 points (3.05% APR)

7/1 ARM:        3.0% – .74 points (3.15% APR),        3.25% – 0 points (3.29% APR)

30 year fixed FHA:       3.25% – .51 points (4.05% APR),        3.375% – 0 points (4.07% APR)

15 year fixed FHA:       2.75% – .62 points (3.17% APR),        3% – 0 points (3.3% APR)

30 year fixed VA:       3.25% – .76 points (3.4% APR),        3.5% – 0 points (3.55% APR)

Today's Interest Rates - April 1st, 2015

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, 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. April 1st 2015 30 year fixed rates, April 2nd 2015 30 year fixed rates, April 3rd 2015 30 year fixed rates, April 4th 2015 30 year fixed rates, April 5th 2015 30 year fixed rates, April 6th 2015 30 year fixed rates, April 7th 2015 30 year fixed rates.

Interest Rates Up and Down Before Payroll Report on Friday

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