Rates Steady Eddie Before Fed Meeting Next Week

Rates Steady Eddie Before Fed Meeting Next Week

October 2015

Interest rate pricing improved slightly last week and is going up slightly this week so far. The Mortgage Backed Security (MBS) closed last week up +12 bps and is trading this week down – 8 bps. Overall, interest have stayed pretty consistent this week before the FED meeting next week.

The European Central Bank (ECB) is releasing a policy statement on Thursday.

The FED’s Federal Open Market Committee (FOMC) is meeting again next week and releasing a statement on whether they will raise the Federal Funds Rate.

I expect interest rate pricing to be pretty stable until the Fed statement next week.

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% – .94 points (3.93% APR),       3.99% – 0 points (4.01% APR)

20 year fixed:       3.625% – .38 points (3.70% APR),       3.75% – 0 points (3.77% APR)

15 year fixed:       2.99% – .68 points (3.12% APR),        3.25% – 0 points (3.28% APR)

10 year fixed:       2.75% – 1 point (2.95% APR),        3.0% – 0 points (3.02% APR)

5/1 ARM:        3.0% – 1 point (3.2% APR),         3.5% – 0 points (3.52% APR)

7/1 ARM:        3.25% – .92 points (3.43% APR),         3.625% – 0 points (3.67% APR)

30 year fixed FHA:        3.5% – .99 points (4.4% APR),        3.75% – 0 points (4.45% 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% – .79 points (3.78% APR),         3.75% – 0 points (3.78% APR)

Today's Interest Rates - October 20th, 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. October 120th 2015 30 year fixed rates, October 21st 2015 30 year fixed rates, October 22nd 2015 30 year fixed rates, October 23rd 2015 30 year fixed rates, October 24th 2015 30 year fixed rates, October 25th 2015 30 year fixed rates, October 26th 2015 30 year fixed rates.

Rates Steady Eddie Before Fed Meeting Next Week

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