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.
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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 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
