WEEKLY RATE – Mortgage Rates Improve before Thanksgiving

WEEKLY RATE – Mortgage Rates Improve before Thanksgiving

Happy Thanksgiving

Interest rates have slowly improved this week and last week.

The Mortgage Backed Security (MBS) market closed last week + 12 bps and closed + 9 bps before Thanksgiving. Not a ton of improvement but every little bit helps.

Have a great Thanksgiving!!

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% – .83 points (4.16% APR),        4.125% – 0 points (4.14% APR)

20 year fixed:       3.75% – .92 points (3.93% APR),        4.0% – 0 points (4.03% APR)

15 year fixed:        3.25 % – .82 points (3.41% APR),        3.5% – 0 points (3.53% APR)

10 year fixed:        3.125% – .75 points (3.27% APR),        3.375% – 0 points (3.4% APR)

5/1 ARM:        3.375% – 1 point (3.56% APR),        4.0% – 0 points (4.03% APR)

7/1 ARM:        3.625% – .76 points (3.77% APR),         4.0% – 0 points (4.03% APR)

30 year fixed FHA:        3.75% – .82 points (4.61% APR),         4.0% – 0 points (4.7% APR)

15 year fixed FHA:        3.375% – .66 points (3.81% APR),        3.625% – 0 points (3.92% APR)

30 year fixed VA:        3.75% – 1 point (3.95% APR),         4.0% – 0 points (4.02% APR)

Today's Interest Rates - November 25th, 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. November 25th 2015 30 year fixed rates, November 26th 2015 30 year fixed rates, November 27th 2015 30 year fixed rates, November 28th 2015 30 year fixed rates, November 29th 2015 30 year fixed rates, November 30th 2015 30 year fixed rates, December 1st 2015 30 year fixed rates.

WEEKLY RATE – Mortgage Rates Improve before Thanksgiving

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WEEKLY RATE – Mortgage Rates Make Modest Improvement

WEEKLY RATE – Mortgage Rates Make Modest Improvement

November 2015

Interest rates have been moving higher for close to a month straight. Finally, we received some modest improvement at the end of last week and so far this week. Interest rates have not moved higher for 4 days straight which is a step in the right direction.

The Mortgage Backed Security (MBS) market closed down – 12 bps last week even with the improvement at the end of the week.
We could continue to see small improvements in interest rate pricing as the market is correcting some of the sell off in previous weeks. That being said, the long term trend will likely continue to be for a rise in interest rates.

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% – .87 points (4.16% APR),        4.125% – 0 points (4.15% APR)
20 year fixed:        3.875% – .33 points (3.94% APR),         4.0% – 0 points (4.03% APR)
15 year fixed:         3.25 % – .72 points (3.39% APR),        3.5% – 0 points (3.53% APR)
10 year fixed:         3.125% – .74 points (3.27% APR),        3.375% – 0 points (3.4% APR)
5/1 ARM:         3.375% – .95 points (3.56% APR),          4.0% – 0 points (4.03% APR)
7/1 ARM:          3.5% – .99 points (3.7% APR),         4.0% – 0 points (4.03% APR)
30 year fixed FHA:         3.75% – .68 points (4.58% APR),         4.0% – 0 points (4.7% APR)
15 year fixed FHA:        3.375% – .92 points (3.85% APR),         3.625% – 0 points (3.92% APR)
30 year fixed VA:        3.75% – .68 points (3.89% APR),          4.0% – 0 points (4.02% APR)

TR Interest Rates - November 16th, 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. November 16th 2015 30 year fixed rates, November 17th 2015 30 year fixed rates, November 18th 2015 30 year fixed rates, November 19th 2015 30 year fixed rates, November 20th 2015 30 year fixed rates, November 21st 2015 30 year fixed rates, November 22nd 2015 30 year fixed rates.

WEEKLY RATE – Mortgage Rates Make Modest Improvement

TEAM GREEN PASSES 50 MILLION IN CLOSINGS FOR 2015

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WEEKLY RATE – Mortgage Rates Continue to Move Higher After Employment Data

WEEKLY RATE – Mortgage Rates Continue to Move Higher After Employment Data

November 2015

We are officially in a rising interest rate environment with interest rates moving up for the 3rd straight week.

Last week, the October US Non Farm Payroll report estimated job creation at 271,000 jobs – substantially higher than the market prediction of about 180,000 jobs. This caused another sell off in the Mortgage Backed Security (MBS) market closing down – 74 bps on the week.

Interest rates have moved up about .25% over the past 2 weeks and the market continues to remain bearish.

With the better than expected job creation, most now expect the FED’s FOMC to raise the Federal Funds rate at their December meeting.

I’m recommending to all my clients to lock rate pricing to prevent further losses.

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% – .434 points (4.21% APR),      4.25% – 0 points (4.28% APR)

20 year fixed:       3.875% – .68 points (4.01% APR),       4.0% – 0 points (4.03% APR)

15 year fixed:       3.25 % – .86 points (3.42% APR),       3.5% – 0 points (3.53% APR)

10 year fixed:      3.125% – 1 point (3.32% APR),       3.375% – 0 points (3.4% APR)

5/1 ARM:       3.5% – 1 point (3.7% APR),        4.125% – 0 points (4.15% APR)

7/1 ARM:       3.625% – .98 points (3.82% APR),        4.125% – 0 points (4.15% APR)

30 year fixed FHA:        3.75% – .71 points (4.59% APR),        4.0% – 0 points (4.7% APR)

15 year fixed FHA:        3.375% – .86 points (3.84% APR),        3.625% – 0 points (3.92% APR)

30 year fixed VA:        3.75% – .96 points (3.95% APR),         4.0% – 0 points (4.05% APR)

Today's Interest Rates - November 9th, 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. November 9th 2015 30 year fixed rates, November 10th 2015 30 year fixed rates, November 11th 2015 30 year fixed rates, November 12th 2015 30 year fixed rates, November 13th 2015 30 year fixed rates, November 14th 2015 30 year fixed rates, November 15th 2015 30 year fixed rates.

WEEKLY RATE – Mortgage Rates Continue to Move Higher After Employment Data

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Rates Move Higher After FED Doesn’t Raise Federal Funds Rate

Rates Move Higher After FED Doesn’t Raise Federal Funds Rate

November 2015

Last week, the Federal Open Market Committee (FOMC) announced that they would not raise the Federal Funds rate. Although most experts predicted they would not raise the rate, the Mortgage Backed Security market had a sell off after the announcement, closing down – 74 bps on Wednesday and Thursday. This pushed rates about .125% higher than they were prior.

On the week the MBS market closed down – 36 bps.

The FOMC meets again in December and I personally think they will raise the Federal Funds rate at that time after a year of talking about it.

This week is employment week with the Non Farm Payroll report being released on Friday. If job creation is higher than predicted – interest rate pricing should get worse. If job creation is lower than predicted – interest rate pricing should improve.

Most experts I follow recommend locking with the risk of rates going higher outweighing the possibility of rates going lower.

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:      3.875% – 1 point (4.078% APR),      4.125% – 0 points (4.13% APR)

20 year fixed:      3.75% – .479 points (3.87% APR),      3.875% – 0 points (3.9% APR)

15 year fixed:      3.125 % – .83 points (3.29% APR),       3.375% – 0 points (3.4% APR)

10 year fixed:       3.0% – .69 points (3.13% APR),        3.25% – 0 points (3.27% APR)

5/1 ARM:       3.25% – 1 point (3.45% APR),        3.875% – 0 points (3.9% APR)

7/1 ARM:       3.5% – .8 points (3.66% APR),        3.875% – 0 points (3.9% APR)

30 year fixed FHA:       3.625% – 1 point (4.52% APR),        3.875% – 0 points (4.55% APR)

15 year fixed FHA:       3.25% – .73 points (3.69% APR),        3.5% – 0 points (3.8% APR)

30 year fixed VA:       3.75% – .35 points (3.82% APR),        3.875% – 0 points (3.9% APR)

Today's Interest Rates - November 2nd, 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. November 2nd 2015 30 year fixed rates, November 3rd 2015 30 year fixed rates, November 4th 2015 30 year fixed rates, November 5th 2015 30 year fixed rates, November 6th 2015 30 year fixed rates, November 7th 2015 30 year fixed rates, November 8th 2015 30 year fixed rates.

Rates Move Higher After FED Doesn’t Raise Federal Funds Rate

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