WEEKLY RATE – Rates Slowly Moving Higher Before Fed Policy Statement on Wednesday

WEEKLY RATE – Rates Slowly Moving Higher Before Fed Policy Statement on Wednesday

April 2016

Interest rates slowly moved higher last week with the Mortgage Backed Security (MBS) market closing the week down 4 of 5 days and also closing down this Monday.

The Mortgage Backed Security (MBS) now has moved down -64 Bps over the past 5 business days signifying we are definitely in a rising rate environment.

The Federal Open Market Committee (FOMC) is meeting Tuesday with a FED policy statement on Wednesday.  The possibility of a Federal Funds rate movement higher is on the table, but may not be at this meeting with low expected GDP growth in the first quarter of 2016.

I’m still recommending locking at this point in time.

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% – 1 points (3.82% APR),       3.75% – 0 points (3.78% APR)

20 year fixed:       3.5% – .64 points (3.63% APR),        3.625% – 0 points (3.65% APR)

15 year fixed:        2.875% – .64 points (2.99% APR),        3.125% – 0 points (3.15% APR)

10 year fixed:        2.75% – .57 points (2.86% APR),        3.0% – 0 points (3.05% APR)

5/1 ARM:        2.875% – 1 point (3.07% APR),         3.25% – 0 points (3.29% APR)

7/1 ARM:       3.125% – .82 points (3.28% APR),        3.375% – 0 points (3.41% APR)

30 year fixed FHA:        3.25% – .58 points (4.06% APR),      3.375% – 0 points (4.07%APR)

15 year fixed FHA:        2.875% – .67 points (3.3% APR),      3.125% – 0 points (3.42% APR)

30 year fixed VA:        3.25% – .83 points (3.36% APR),      3.5% – 0 points (3.53% APR)

Today's Interest Rates - April 25th 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.  April 25th 2016 30 year fixed rates, April 26th 2016 30 year fixed rates, April 27th 2016 30 year fixed rates, April 28th 2016 30 year fixed rates, April 29th 2016 30 year fixed rates, April 30th 2016 30 year fixed rates, May 1st 2016 30 year fixed rates.

WEEKLY RATE – Rates Slowly Moving Higher Before Fed Policy Statement on Wednesday

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I Was Born To Do This

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Reggie Green – The Green Home Mortgage Team.

Weekly Rate – Interest Rates Continue to Hover Around 3 Year Lows

WEEKLY RATE – Interest Rates Continue to Hover Around 3 Year Lows

April 2016

Interest rates continued to hover right around 3 year lows last week. 

The market was very steady with the Mortgage Backed Security (MBS) market closing the week even.

Right now we are in an area were there seems to be market resistance for rates to move lower – which means the risk of floating will typically outweigh the rewards.

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:       3.5% – 1 points (3.7% APR),       3.75% – 0 points (3.78% APR)

20 year fixed:       3.375% – .64 points (3.50% APR),        3.5% – 0 points (3.53% APR)

15 year fixed:        2.75% – .9 points (2.93% APR),        2.99% – 0 points (3.04% APR)

10 year fixed:        2.625% – .78 points (2.78% APR),        2.875% – 0 points (2.90% APR)

5/1 ARM:        2.75% – 1 point (2.95% APR),         3.125% – 0 points (3.13% APR)

7/1 ARM:       3% – .96 points (3.19% APR),        3.375% – 0 points (3.41% APR)

30 year fixed FHA:        3.25% – .14 points (3.97% APR),      3.375% – 0 points (4.03%APR)

15 year fixed FHA:        2.75% – .9 points (3.23% APR),      3.0% – 0 points (3.3% APR)

30 year fixed VA:        3.25% – .37 points (3.3% APR),      3.375% – 0 points (3.4% APR)

Today's Interest Rates - April 18th 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.  April 18th 2016 30 year fixed rates, April 19th 2016 30 year fixed rates, April 20th 2016 30 year fixed rates, April 21st 2016 30 year fixed rates, April 22nd 2016 30 year fixed rates, April 23rd 2016 30 year fixed rates, April 24th 2016 30 year fixed rates.

Weekly Rate:  Interest Rates Continue to Hover Around 3 Year Lows

Reggie Green – The Master Of Mortgages

Reggie Green – The Master of Mortgages

Master of Mortgages

Reggie Green – The Man Behind the Guns N’ Roses Reunion

Happy Thursday – Team Green.

Guns N Roses Spoolf

Dedicated to all the Guns N’ Roses fans out there that will finally get to see this band live. #teamgreen, #gnfnr, #gunsnroses, #arizonamortgagebanker, #azhomeloan, #cahomeloan, #cohomeloan, #wahomeloan, #vahomeloan.

WEEKLY RATE – Interest Rates Hit 6 Week Lows

WEEKLY RATE – Interest Rates Hit 6 Week Lows

April 2016

Interest rates improved to 6 week lows after the US Non Farm Payroll report on Friday.

Rate pricing had steadily improved throughout the week spurned by FED Chief Janet Yellen’s statements on Tuesday. 

On Friday, when job creation met expectations, lenders repriced significantly lower. 

The Mortgage Backed Security (MBS) market closed the week + 94 bps and rates hit their lowest levels in over a month.  Great time to lock in 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:       3.5% – 1 points (3.7% APR),       3.75% – 0 points (3.78% APR)

20 year fixed:       3.375% – .73 points (3.52% APR),        3.5% – 0 points (3.55% APR)

15 year fixed:        2.75% – 1 point (2.95% APR),        2.99% – 0 points (3.04% APR)

10 year fixed:        2.625% – .94 points (2.81% APR),        2.875% – 0 points (2.91% APR)

5/1 ARM:        2.75% – 1 point (2.95% APR),         3.125% – 0 points (3.13% APR)

7/1 ARM:       3% – .98 points (3.2% APR),        3.375% – 0 points (3.41% APR)

30 year fixed FHA:        3.25% – 0 points (3.95% APR)

15 year fixed FHA:        2.75% – .85 points (3.22% APR),      3.0% – 0 points (3.3% APR)

30 year fixed VA:        3.25% – .28 points (3.3% APR),      3.375% – 0 points (3.4% APR)

Today's Interest Rates - April 4th 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.  April 4th 2016 30 year fixed rates, April 5th 2016 30 year fixed rates, April 6th 2016 30 year fixed rates, April 7th 2016 30 year fixed rates, April 8th 2016 30 year fixed rates, April 9th 2016 30 year fixed rates, April 10th 2016 30 year fixed rates.

Interest Rates Hit 6 Week Lows

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