Interest Rates Improve Last Week , Lose Gains on Monday

Interest Rates Improve Last Week , Lose Gains on Monday

June 2015

Interest rates improved to 3 week lows on Friday with the Mortgage Backed Security (MBS) market closing up + 68 bps on the week. Unfortunately all those gains were erased on Monday with the MBS market closing down – 59 bps on Monday and trading lower on Tuesday as well.

This is the theme of this volatile market – if you like a rate don’t wait to lock it. The pricing can change by thousands of dollars in one day.

Interest rates were improving due to investors fear of Greek debt default. Over the weekend, progress towards a new deal for Greece to pay back debt caused the MBS market to spike on Monday. May’s existing home sales also beat expectations up 5.1% versus an expected 4%. If a Greek deal gets done – rates will continue to rise. I would highly recommend locking in this market.

30 year fixed rates are now available at 4.125% paying .14 points (4.15% APR), and 4.25% paying 0 points (4.27% APR). 15 year fixed rates are now available at 3.25% paying .61 points (3.37% APR), and 3.375% paying 0 points (3.4% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

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!!

TODAY’S INTEREST RATES:

30 year fixed:      4.125% – .146 points (4.15% APR),       4.25% – 0 points (4.27% APR)

20 year fixed:       3.875% – .71 points (4.01% APR),       4.125% – 0 points (4.127% APR)

15 year fixed:       3.25% – .61 points (3.37% APR),        3.375% – 0 points (3.4% APR)

10 year fixed:        3.0% – .97 points (3.19% APR),        3.25% – 0 points (3.29% APR)

5/1 ARM:        3.125% – .67 points (3.25% APR),        3.375% – 0 points (3.4% APR)

7/1 ARM:        3.375% – .66 points (3.50% APR),          3.625% – 0 points (3.67% APR)

30 year fixed FHA:        3.625% – 1 point (4.52% APR),         3.75% – 0 points (4.45% APR)

15 year fixed FHA:        3.0% – .92 points (3.48% APR),         3.25% – 0 points (3.55% APR)

30 year fixed VA:         3.75% – .13 points (3.77% APR),         3.875% – 0 points (3.9% APR)

Today's Interest Rates - June 23rd, 2015

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, Colorado, Washington, and Virginia. Arizona Home Loans, California Home Loans, Colorado Home Loans, Washington Home loans, Virginia 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. June 23rd 2015 30 year fixed rates, June 24th 2015 30 year fixed rates, June 25th 2015 30 year fixed rates, June 26th 2015 30 year fixed rates, June 27th 2015 30 year fixed rates, June 28th 2015 30 year fixed rates, June 29th 2015 30 year fixed rates.

Interest Rates Improve Last Week , Lose Gains on Monday

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Interest Rates Improve with FED statement

Interest Rates Improve with FED statement

Interest rates improved last week and so far this week although each day has been an adventure.

Last week the Mortgage Backed Security (MBS) closed trading up + 32 bps – helping interest rates modestly improve for the week. That being said there were large trading movements so one day rates could be way up – the next day way down. There is a lot of volatility in the market right now.

This week the MBS market is trading up +31 bps. The market started off Wednesday down – but came back to even after the FED statement announcing no increase to the Federal Funds rate right now. That being said – it is clear the FED will likely raise rates in their September meeting as they would like to get to a targeted rate of .625% from their current 0% rate.

The situation in Europe with Greece likely to default on their debt and possibly leaving the EU is also something to watch closely as what ends up happening will have an effect on interest rate pricing.

30 year fixed rates are now available at 3.99% paying .75 points (4.14% APR), and 4.125% paying 0 points (4.15% APR). 15 year fixed rates are now available at 3.125% paying .96 points (3.31% APR), and 3.375% paying 0 points (3.4% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

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!!

TODAY’S INTEREST RATES:

30 year fixed:      3.99% – .75 points (4.14% APR),        4.125% – 0 points (4.15% APR)

20 year fixed:       3.75% – .85 points (3.92% APR),        4.0% – 0 points (4.02% APR)

15 year fixed:       3.125% – .96 points (3.31% APR),        3.375% – 0 points (3.4% APR)

10 year fixed:        3.0% – .72 points (3.14% APR),         3.25% – 0 points (3.29% APR)

5/1 ARM:       3.125% – .84 points (3.29% APR),        3.5% – 0 points (3.52% APR)

7/1 ARM:       3.375% – .82 points (3.53% APR),        3.75% – 0 points (3.77% APR)

30 year fixed FHA:       3.625% – .71 points (4.46% APR),        3.75% – 0 points (4.5% APR)

15 year fixed FHA:      3.0% – .68 points (3.43% APR),        3.25% – 0 points (3.55% APR)

30 year fixed VA:       3.625% – .96 points (3.81% APR),        3.75% – 0 points (3.77% APR)

Today's Interest Rates - June 17th, 2015

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, Colorado, Washington, and Virginia. Arizona Home Loans, California Home Loans, Colorado Home Loans, Washington Home loans, Virginia 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. June 17thth 2015 30 year fixed rates, June 18th 2015 30 year fixed rates, June 19th 2015 30 year fixed rates, June 20th 2015 30 year fixed rates, June 21st 2015 30 year fixed rates, June 22nd 2015 30 year fixed rates, June 23rd 2015 30 year fixed rates.

Interest Rates Improve with Fed Statement

MAY 2015 FUNDING FIGURES – TEAM GREEN

MAY 2015 FUNDING FIGURES – TEAM GREEN

May was one of the toughest months of my career with a bunch of tough loans. Glad we were still able to have a successful month. Thanks to my family, Team Green – Jolyn and Nate, our title partners Dane, Dina, Toni, and Teresa, our appraisal team Property Rate, our referral partners, and of course our customers. It takes a bunch of talented people around our team to allow us to be successful. Thank you!!

May Flyer

Interest Rates Make Move Higher

Interest Rates Make Move Higher

Last week was a BAD week for interest rates right from the beginning capped by a stronger than expected jobs report. The Mortgage Backed Security market closed down every day but Thursday, ending the week trading down -198 bps. This was the biggest market movement in over a year and pushed rates approximately .25% higher than the week before.

30 year fixed rates are now available at 3.99% paying 1 points (4.19% APR), and 4.25% paying 0 points (4.29% APR). 15 year fixed rates are now available at 3.25% paying .74 points (3.39% APR), and 3.5% paying 0 points (3.55% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

The market now seems less concerned about the Greek debt crisis that helped keep interest rates low. The positive economic reports, higher than expected job creation and the belief the FED will not raise their rates until 2015 are all contributing to interest rates moving higher.

Interest rates will likely continue to remain volatile and floating is very risky at this point. If you like the rate – lock it. We can always float it down if interest rates drop significantly after you lock.

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!!

TODAY’S INTEREST RATES:

30 year fixed:       3.99% – 1 point (4.19% APR),       4.25% – 0 points (4.29% APR)

20 year fixed:        3.875% – .45 points (3.96% APR),        4.0% – 0 points (4.03% APR)

15 year fixed:       3.25% – .74 points (3.39% APR),        3.5% – 0 points (3.55% APR)

10 year fixed:        3.125% – .72 points (3.26% APR),         3.375% – 0 points (3.4% APR)

5/1 ARM:        3.125% – .83 points (3.29% APR),         3.5% – 0 points (3.53% APR)

7/1 ARM:        3.375% – .84 points (3.54% APR),         3.75% – 0 points (3.77% APR)

30 year fixed FHA:        3.75% – 0 points (4.45% APR)

15 year fixed FHA:        3.125% – .68 points (3.56% APR),         3.25% – 0 points (3.57% APR)

30 year fixed VA:         3.75% – .27 points (3.80% APR),          3.875% – 0 points (3.89% APR)

Today's Interest Rates - June 8th, 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. June 8th 2015 30 year fixed rates, June 9th 2015 30 year fixed rates, June 10th 2015 30 year fixed rates, June 11th 2015 30 year fixed rates, June 12th 2015 30 year fixed rates, June 13th 2015 30 year fixed rates, June 14th 2015 30 year fixed rates.

Interest Rates Make Move Higher

Rates improve last week, but lose much of gains on Monday

Rates improve last week, but lose much of gains on Monday

Rates had a positive last week with the Mortgage Backed Security (MBS) trading up + 55 bps. Monday, the market took much of the gains back with the MBS market closing down – 33 bps.

30 year fixed rates are now available at 3.75% paying 1 point (3.95% APR), and 3.99% paying 0 points (4.04% APR). 15 year fixed rates are now available at 2.99% paying .93 points (3.17% APR), and 3.25% paying 0 points (3.28% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

This week there is a lot of market data to chew on plus May’s Non Farm Payroll job report on Friday. Most experts I pay attention to are neutral on whether to lock or float.

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!!

TODAY’S INTEREST RATES:

30 year fixed:      3.75% – 1 point (3.95% APR),       3.99% – 0 points (4.04% APR)

20 year fixed:       3.625% – .42 points (3.71% APR),       3.75% – 0 points (3.79% APR)

15 year fixed:       2.99% – .93 points (3.17% APR),        3.25% – 0 points (3.28% APR)

10 year fixed:       2.875% – .61 points (2.99% APR),        3.0% – 0 points (3.05% APR)

5/1 ARM:       2.875% – .83 points (3.04% APR),        3.25% – 0 points (3.29% APR)

7/1 ARM:        3.125% – .64 points (3.25% APR),        3.375% – 0 points (3.41% APR)

30 year fixed FHA:        3.375% – .80 points (4.23% APR),        3.625% – 0 points (4.32% APR)

15 year fixed FHA:       2.875% – .59 points (3.29% APR),         3.0% – 0 points (3.3% APR)

30 year fixed VA:        3.375% – 1 point (3.57% APR),         3.625% – 0 points (3.67% APR)

Today's Interest Rates - June 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. June 1st 2015 30 year fixed rates, June 2nd 2015 30 year fixed rates, June 3rd 2015 30 year fixed rates, June 4th 2015 30 year fixed rates, June 5th 2015 30 year fixed rates, June 6th 2015 30 year fixed rates, June 7th 2015 30 year fixed rates.

Rates improve last week, but lose much of gains on Monday

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