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.
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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 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
