Month: March 2016

WEEKLY RATE – Rates Sideways Before Employment Report on Friday

WEEKLY RATE – Rates Sideways Before Employment Report on Friday

March 2016

Interest rate pricing has been mostly sideways over the past 2 weeks with rates fluctuating slightly up and then slightly back down.  

Not a ton of movement when they do go up or down and then usually a correction the next day.

30 Year Fixed rate options have stayed in the 3.75% – 3.875% range over the past few weeks.

Volatility is likely to increase moving forward this week with the FED Chief speaking on Tuesday March 29th, and the US Non Farm Payroll report coming out on Friday.

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:       3.75% – .98 points (3.94% APR),       3.875% – 0 points (3.94% APR)

20 year fixed:       3.5% – .84 points (3.66% APR),        3.75% – 0 points (3.78% APR)

15 year fixed:        2.875% – .94 points (3.1% APR),        3.125% – 0 points (3.15% APR)

10 year fixed:        2.75% – .81 points (2.91% APR),        3.0% – 0 points (3.03% APR)

5/1 ARM:        3.0% – .7 points (3.14% APR),         3.375% – 0 points (3.4% APR)

7/1 ARM:       3.125% – .85 points (3.29% APR),        3.5% – 0 points (3.55% APR)

30 year fixed FHA:        3.375% – .55 points (4.1% APR),      3.5% – 0 points (4.2% APR)

15 year fixed FHA:        2.875% – .98 points (3.47% APR),      3.125% – 0 points (3.52% APR)

30 year fixed VA:        3.25% – .8 points (3.41% APR),      3.625% – 0 points (3.65% APR)

Today's Interest Rates - March 29th 2016

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.  March 29th 2016 30 year fixed rates, March 30th 2016 30 year fixed rates, March 31st 2016 30 year fixed rates, April 1st 2016 30 year fixed rates, April 2nd 2016 30 year fixed rates, April 3rd 2016 30 year fixed rates, April 4th 2016 30 year fixed rates.

WEEKLY RATE – Rates Sideways Before Employment Report on Friday

WEEKLY RATE – Rates Improve Last Week With FED Comments

WEEKLY RATE – Rates Improve Last Week with Fed Comments

March 2016

Interest rate pricing moderately improved last week bolstered by comments from the FED.

The Mortgage Backed Security (MBS) market closed last week up + 59 bps.  This has kept interest rate pricing in the 3.75%-3.875% range. 

The FED stated last week that they anticipated the Federal Funds rate to move to about .8% by the end of 2016 versus an initial projection of 1.4%.

Even with the improvement, rate pricing hasn’t been able to go back to 3.625% without significant costs.  I don’t see much reward in floating a rate. 

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% – .30 points (3.81% APR),       3.875% – 0 points (3.9% APR)

20 year fixed:       3.5% – .82 points (3.66% APR),        3.75% – 0 points (3.78% APR)

15 year fixed:        2.875% – .96 points (3.06% APR),        3.125% – 0 points (3.13% APR)

10 year fixed:        2.75% – .81 points (2.91% APR),        3.0% – 0 points (3.03% APR)

5/1 ARM:        3.0% – .84 points (3.16% APR),         3.375% – 0 points (3.4% APR)

7/1 ARM:       3.125% – 1 point (3.32% APR),        3.5% – 0 points (3.54% APR)

30 year fixed FHA:        3.25% – .79 points (4.1% APR),      3.5% – 0 points (4.2% APR)

15 year fixed FHA:        2.75% – 1 point (3.25% APR),      3.0% – 0 points (3.3% APR)

30 year fixed VA:        3.25% – 1 point (3.45% APR),      3.5% – 0 points (3.55% APR)

Today's Interest Rates - March 22nd, 2016

 

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.  March 22nd 2016 30 year fixed rates, March 23rd 2016 30 year fixed rates, March 24th 2016 30 year fixed rates, March 25th 2016 30 year fixed rates, March 26th 2016 30 year fixed rates, March 27th 2016 30 year fixed rates, March 28th 2016 30 year fixed rates.

Rates Improve Last Week with FED Comments

Weekly Rate – Rates Slowly Rising as the Stock Market Rebounds

WEEKLY RATE – Rates Slowly Rising as the Stock Market Rebounds

March 2016

Interest rate pricing has been slowly rising. 

The stock market had one of it’s worst starts to a year ever in 2016.  This pushes investors into safer bonds and mortgage backed securities which improves interest rate pricing.

This pushed rates to about 3 year lows in mid February.

Since then, the stock market has slowly started to improve and interest rate pricing is rising as a result. 

Interest rate pricing is still just above 3 year lows and now is still a good time to lock.  With that being said, rate pricing is definitely trending up at the moment. 

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:       3.625% – .98 points (3.82% APR),       3.875% – 0 points (3.9% APR)

20 year fixed:       3.5% – .84 points (3.66% APR),        3.75% – 0 points (3.78% APR)

15 year fixed:        2.875% – .94 points (3.06% APR),        3.125% – 0 points (3.13% APR)

10 year fixed:        2.75% – .81 points (2.91% APR),        3.0% – 0 points (3.03% APR)

5/1 ARM:        3.125% – .7 points (3.26% APR),         3.625% – 0 points (3.66% APR)

7/1 ARM:       3.25% – .85 points (3.42% APR),        3.625% – 0 points (3.66% APR)

30 year fixed FHA:        3.25% – .79 points (4.1% APR),      3.5% – 0 points (4.2% APR)

15 year fixed FHA:        2.75% – 1 point (3.25% APR),      3.0% – 0 points (3.3% APR)

30 year fixed VA:        3.25% – 1 point (3.45% APR),      3.5% – 0 points (3.55% APR)

Today's Interest Rates - March 8th, 2016

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.  March 8th 2016 30 year fixed rates, March 9th 2016 30 year fixed rates, March 10th 2016 30 year fixed rates, March 11th 2016 30 year fixed rates, March 12th 2016 30 year fixed rates, March 13th 2016 30 year fixed rates, March 14th 2016 30 year fixed rates.

Weekly Rate – Rates Rising as The Stock Market Rebounds

WEEKLY RATE – Rates Hovering Near 3 Year Lows

WEEKLY RATE – Rates Hovering Near 3 Year Lows

March 2016

Last couple of weeks have been up and down with interest rates see-sawing but consistently remaining right around their recent lows.

The Mortgage Backed Security (MBS) market closed last week down -16 bps, but traded up + 18 bps on Monday.

Overall, interest rates are remaining right near their lowest levels in the past 3 years.  Great time to lock in a great rate near historic lows.

This Friday is the Non Farm Payroll report which typically has the largest impact on where rate pricing will head over the next month.  Expect some volatility this 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:       3.625% – .34 points (3.69% APR),       3.75% – 0 points (3.77% APR)

20 year fixed:       3.375% – .80 points (3.53% APR),        3.5% – 0 points (3.53% APR)

15 year fixed:        2.875% – .62 points (2.99% APR),        3.125% – 0 points (3.13% APR)

10 year fixed:        2.625% – .74 points (2.77% APR),        2.875% – 0 points (2.9% APR)

5/1 ARM:        2.875% – .95 points (3.06% APR),         3.375% – 0 points (3.4% APR)

7/1 ARM:       3.125% – .75 points (3.27% APR),        3.375% – 0 points (3.4% APR)

30 year fixed FHA:        3.25% – .27 points (4.0% APR),      3.375% – 0 points (4.07% APR)

15 year fixed FHA:        2.75% – .74 points (3.19% APR),      3.0% – 0 points (3.3% APR)

30 year fixed VA:        3.25% – .5 points (3.35% APR),      3.375% – 0 points (3.4% APR)

Today's Interest Rates - March 1st, 2016

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.  February 29th 2016 30 year fixed rates, March 1st 2016 30 year fixed rates, March 2nd 2016 30 year fixed rates, March 3rd 2016 30 year fixed rates, March 4th 2016 30 year fixed rates, March 5th 2016 30 year fixed rates, March 6th 2016 30 year fixed rates.

Weekly Rate – Rates Hovering Near 3 Year Lows