Excited to start the next phase of my career with Fairway Independent Mortgage Corporation. #teamgreen, #reggiegreen, #fairwayaz.
Month: February 2017
RESIGNATION FROM STONEGATE MORTGAGE.
After 7 great years, I resigned from Stonegate Mortgage on Thursday. (was Crossline Capital for 5 of those years). It was a difficult decision because I’ve worked with so many great people and I’ve gained some life long friends.
I had a great run the past 7 years and I certainly owe a lot of people at Stonegate for contributing to my success and putting up with me all these years. Thank you, thank you, thank you!!
In the end, I wanted to independently run my business and that was the deciding factor. I appreciate my time at Stonegate and wish them nothing but the best.
I’m very excited and reinvigorated to start with my new company. I think my official start date is tomorrow so I’ll let people know then.
The Bald Banker – A Symbol of American Home Ownership
The Bald Banker – A Symbol of American Home Ownership.
Happy Tuesday – Team Green. #baldbanker, #trueamericanpatriot, #ialsohaveamericanflagflipflops, #butnotanamericanflagbuttonup, #reggiegreen, #teamgreen.
WEEKLY RATE – Interest Rates Hit 2 Week Lows
WEEKLY RATE – Interest Rates Hit 2 Week Lows
Interest rates improved moderately last week and had a great day on Monday.
The Mortgage Backed Security (MBS) market closed last week trading up + 10 bps. The FED did not raise the Federal Funds rate. That being said a FED member did say they may raise rates at their March meeting. In the US Non Farm Payroll report, the job creation numbers were good but wages were not.
On Monday, rates hit 2 week lows with the MBS market trading way up , + 35 bps on the day.
Rates are still trading in a narrow channel and have remained that way for a month plus. I expect that to continue.
I do not see rates dropping without something significant happening in the market. I expect rates to stay in the same area until the FED raises rates again. Then I expect rates to rise.
For a free email mortgage quote, please answer questions at bottom of email or go to:
Below are today’s interest rates. Have a great week!!
TODAY’S INTEREST RATES:
30 year fixed: 4.125% – .8 points (4.29% APR), 4.375% – 0 points (4.4% APR)
20 year fixed: 3.875% – .94 points (4.08% APR), 4.125% – 0 points (4.17% APR)
15 year fixed: 3.375% – .73 points (3.52% APR), 3.625% – 0 points (3.66% APR)
10 year fixed: 3.25% – .59 points (3.36% APR), 3.5% – 0 points (3.52% APR)
5/1 ARM: 3.125% – .84 points (3.29% APR), 3.5% – 0 points (3.55% APR)
7/1 ARM: 3.25% – .92 points (3.4% APR), 3.625% – 0 points (3.7% APR)
30 year fixed FHA: 3.75% – .54 points (4.55% APR), 3.875% – 0 points (4.57% APR)
15 year fixed FHA: 3.375% – .99 points (3.87% APR), 3.75% – 0 points (4.05% APR)
30 year fixed VA: 3.75% – .79 points (3.91% APR), 4.0% – 0 points (4.03% 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 7th 2017 30 year fixed rates, February 8th 2017 30 year fixed rates, February 9th 2017 30 year fixed rates, February 10th 2017 30 year fixed rates, February 11th 2017 30 year fixed rates, February 12th 2017 30 year fixed rates, February 13th 2017 30 year fixed rates.
Weekly Rate – Interest Rates Hit 2 Week Lows
Happy Phoenix Open – Team Green
Happy Phoenix Open – Team Green. #betherethursdayandfridayhitmeup, #reggiegreen, #teamgreen, #returnofjerrypurple, #phoenixopen.
WEEKLY RATE – Interest Rates Go Down Amid Choppy Week
WEEKLY RATE – Interest Rates Go Down Amid Choppy Week
Rates were very choppy last week.
Interest rates saw some great improvement on Monday. Then they went up a lot on Tuesday and Wednesday. Then back down slowly Thursday through Tuesday of this week.
As the dust cleared, rate pricing improved slightly with volatility likely to continue.
There are a couple of events to round out the week that could have a big impact on rates. The FED will make an interest rate decision on Wednesday. Most market watchers don’t expect the FED to raise the Federal Funds Rate at this meeting.
On Friday, the US Non Farm Payroll and Unemployment percentage numbers will be released along with possible revisions to earlier estimates. This is usually one of the most significant reports in shaping rate pricing for the coming month.
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% – .8 points (4.29% APR), 4.375% – 0 points (4.4% APR)
20 year fixed: 4.0% – .4 points (4.08% APR), 4.125% – 0 points (4.16% APR)
15 year fixed: 3.375% – .85 points (3.55% APR), 3.625% – 0 points (3.66% APR)
10 year fixed: 3.25% – .77 points (3.38% APR), 3.625% – 0 points (3.67% APR)
5/1 ARM: 3.125% – .99 points (3.31% APR), 3.625% – 0 points (3.67% APR)
7/1 ARM: 3.375% – .77 points (3.51% APR), 3.75% – 0 points (3.79% APR)
30 year fixed FHA: 3.75% – .61 points (4.57% APR), 3.875% – 0 points (4.57% APR)
15 year fixed FHA: 3.5% – .74 points (3.65% APR), 3.75% – 0 points (3.78% APR)
30 year fixed VA: 3.75% – .86 points (3.92% APR), 4.0% – 0 points (4.05% 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. January 31st 2017 30 year fixed rates, February 1st 2017 30 year fixed rates, February 2nd 2017 30 year fixed rates, February 3rd 2017 30 year fixed rates, February 4th 2017 30 year fixed rates, February 5th 2017 30 year fixed rates, February 6th 2017 30 year fixed rates.
Weekly Rate – Rates Go Down Amid Choppy Week