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**

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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

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