Month: July 2015

Interest Rates Continue Steady Improvement

Interest Rates Continue Steady Improvement

July / August 2015

Interest Rates continued their steady improvement last week with the stock market trading way down and investors putting their money in the safety of the bond market. The Mortgage Backed Security Market(MBS) traded up every day after Monday and concluded the week trading up + 35 bps last week.

30 year fixed rates are now available at 3.99% paying .63 points (4.11% APR), and 4.125% paying 0 points (4.15% APR). 15 year fixed rates are now available at 3.125% paying .86 points (3.29% APR), and 3.375% paying 0 points (3.39% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

The FED is meeting this week and will release a statement on Wednesday. Most don’t expect the FED to increase the Federal Funds rate with this announcement. Next week brings the July Non Farms payroll report. If the stock market continues to falter we should see rates continue to steadily improve.

For a free email mortgage quote, please answer questions on the right or go to:

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Below are today’s interest rates. Have a great week!!

TODAY’S INTEREST RATES:

30 year fixed:       3.99% – .63 points (4.11% APR),        4.125% – 0 points (4.15% APR)

20 year fixed:        3.75% – .37 point (3.82% APR),        3.875% – 0 points (3.9% APR)

15 year fixed:        3.125% – .86 points (3.29% APR),         3.375% – 0 points (3.39% APR)

10 year fixed:        2.875% – .79 points (3.03% APR),         3.125% – 0 points (3.15% APR)

5/1 ARM:         3.0% – .89 points (3.17% APR),          3.375% – 0 points (3.4% APR)

7/1 ARM:         3.25% – .9 points (3.43% APR),          3.5% – 0 points (3.53% APR)

30 year fixed FHA:         3.625% – .73 points (4.45% APR),          3.75% – 0 points (4.5% APR)

15 year fixed FHA:         3.0% – .86 points (3.47% APR),           3.25% – 0 points (3.55% APR)

30 year fixed VA:         3.625% – .13 points (3.82% APR),         3.75% – 0 points (3.83% APR)

Today's Interest Rates - July 28th, 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. July 28th 2015 30 year fixed rates, July 29th 2015 30 year fixed rates, July 30th 2015 30 year fixed rates, July 31st 2015 30 year fixed rates, August 1st 2015 30 year fixed rates, August 2nd 2015 30 year fixed rates, August 3rd 2015 30 year fixed rates.

Interest Rates Continue Steady Improvement

Interest Rates Improve – Trading in Narrow Range

Interest Rates Improve – Trading in Narrow Range

July 2015

Interest rates improved last week after making a big jump up on Monday. The Mortgage Backed Security Market(MBS) traded up every day after Monday and concluded the week trading up + 22 bps.

30 year fixed rates are now available at 4.125% paying .17 points (4.16% APR), and 4.25% paying 0 points (4.28% APR). 15 year fixed rates are now available at 3.25% paying .59 points (3.36% APR), and 3.375% paying 0 points (3.39% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

The name of the game is still Greece. Greece secured a bridge loan, paid their creditors and reopened their banks. At the same time, there is market skepticism that a long term solution will go through and get Germany’s blessing. So the progress yet skepticism is pulling the market both ways and is essentially cancelling each other out.

More and more comments by the FED lead the market to believe that the Federal Funds rate will be raised this Fall. Right now I see no benefit in floating and would recommend locking.

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% – .17points (4.16% APR),       4.25% – 0 points (4.28% APR)

20 year fixed:       3.75% – 1 point (3.95% APR),       4.0% – 0 points (4.03% APR)

15 year fixed:       3.25% – .59 points (3.36% APR),        3.375% – 0 points (3.39% APR)

10 year fixed:        2.875% – 1 point (2.895% APR),        3.125% – 0 points (3.15% APR)

5/1 ARM:        3.125% – .72 points (3.26% APR),        3.625% – 0 points (3.66% APR)

7/1 ARM:        3.375% – .83 points (3.54% APR),          3.625% – 0 points (3.68% APR)

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

15 year fixed FHA:        3.125% – .65 points (3.55% APR),         3.25% – 0 points (3.57% APR)

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

Today's Interest Rates - July 21st, 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. July 21st 2015 30 year fixed rates, July 22nd 2015 30 year fixed rates, July 23rd 2015 30 year fixed rates, July 24th 2015 30 year fixed rates, July 25th 2015 30 year fixed rates, July 26th 2015 30 year fixed rates, July 27th 2015 30 year fixed rates.

Interest Rates Improve – Trading in Narrow Range

Interest Rates Very Volatile with Unrest in Greece and China

Interest Rates Very Volatile with Unrest in Greece and China

July 2015

Interest rates hit their best levels in a month on Wednesday. The Mortgage Backed Security (MBS) market was trading way up for the week as investors were seeking security in US bonds due to unrest in Greece and China. When these concerns subsided some – the market pulled back finishing way down on Thursday and Friday. The MBS market closed the week trading up + 2 bps and rates are similar to where they were two weeks ago.

30 year fixed rates are now available at 4.125% paying .46 points (4.21% APR), and 4.25% paying 0 points (4.28% APR). 15 year fixed rates are now available at 3.25% paying .9 points (3.43% APR), and 3.5% paying 0 points (3.53% 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% – .46 points (4.21% APR),       4.25% – 0 points (4.28% APR)

20 year fixed:      3.875% – .7 points (4.01% APR),        4.0% – 0 points (4.05% APR)

15 year fixed:       3.25% – .9 points (3.43% APR),       3.5% – 0 points (3.53% APR)

10 year fixed:       3.0% – .84 points (3.17% APR),       3.25% – 0 points (3.27% APR)

5/1 ARM:       3.125% – .72 points (3.26% APR),       3.5% – 0 points (3.53% APR)

7/1 ARM:       3.375% – .9 points (3.55% APR),        3.625% – 0 points (3.67% APR)

30 year fixed FHA:       3.75% – .25 points (4.5% APR),        3.875% – 0 points (4.57% APR)

15 year fixed FHA:       3.125% – .7 points (3.56% APR),        3.375% – 0 points (3.57% APR)

30 year fixed VA:       3.75% – .5 points (3.85% APR),        3.875% – 0 points (3.9% APR)

Today's Interest Rates - July 12th, 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. July 13th 2015 30 year fixed rates, July 14th 2015 30 year fixed rates, July 15th 2015 30 year fixed rates, July 16th 2015 30 year fixed rates, July 17th 2015 30 year fixed rates, July 18th 2015 30 year fixed rates, July 19th 2015 30 year fixed rates.

Interest Rates Very Volatile with Unrest in Greece and China