WEEKLY RATE – INTEREST RATES REMAIN AT 2017 LOWS

WEEKLY RATE – Interest Rates Remain at 2017 Lows

Interest Rates remain at 2017 lowest levels.

We are now seeing rates below 4% paying less than a point!!

The market’s improvement is largely due to worry over Korea and Syria. Military / Political unrest typically involves investors moving funds to the safety of the bond market which helps interest rates.

The Mortgage Backed Security (MBS) market closed last week up + 65 bps. Now is still a great time to take advantage of the lowest mortgage rate interest levels in over 3.5 months.

For a no obligation mortgage quote, please answer questions on right or go to:

WWW.FREEMORTGAGEQUOTE.BIZ

Below are today’s interest rates.  Have a great week!!

TODAY’S INTEREST RATES:

30 year fixed:       3.99% – .83 points (4.16% APR),       4.25% – 0 points (4.28% APR),   4.375% – $0 costs (4.375% APR)

20 year fixed:       3.75% – .86 points (3.91% APR),     3.99% – 0 points (4.04% APR), 4.125% – $0 costs (4.125% APR)

15 year fixed:        3.25% –  .91 points (3.44% APR),        3.5% – 0 points (3.55% APR),     3.875% – $0 costs (3.875% APR)

7/1 ARM:        3.5% – .84 points (3.66% APR),     3.75% – 0 points (3.77% APR),     4.125% – $0 costs (4.125% APR)

30 year fixed FHA:        3.75% – .99 points (4.65% APR),     4.0% – 0 points (4.7% APR),     4.25% – $0 costs (outside of FHA Fee) (4.95% APR)

15 year fixed FHA:        3.5% – .92 points (3.98% APR),     3.875% – 0 points (4.17% APR),   4.25% – $0 costs (outside of FHA Fee) (4.55% APR)

30 year fixed VA:        3.75% – .81 points (3.91% APR),     4.0% – 0 points (4.05% APR),     4.25% – $0 costs (4.25% APR)

30 year Fixed Jumbo:     4.0% – .56 points (4.11% APR),     4.125% – 0 points (4.17% APR)       

7/1 ARM Jumbo:        3.25% – .83 points (3.42% APR),     3.5% – 0 points (3.55% APR)


 

-Reginald Patrick Green Jr.  -Branch Manager. NMLS #229993.  AZ License:  BK-0913980.  -AZ NMLS LIC#: DOC229993, CO NMLS LIC# 1000323838,  CA NMLS LIC# DOC229993.  -Fairway Independent Mortgage Corporation. 2325 East Camelback Road, Suite 100, Phoenix, AZ, 85016.  480-206-5577, reggie.green@fairwaymc.com.  Corporate Address: Fairway Independent Mortgage Corporation.  2425 New Pinery Rd Ste 102, Portage, WI 53901.  #2293.  Equal Housing Lender.  -National Mortgage Licensing (NMLS) Link. http://nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/2289.  -Customer Info or complaints: Complaints may be directed to 877-699-0353, customerservice@fairwaymc.com.-LegalDisclosure: https://www.fairwayindependentmc.com/~/media/files/pdf/legal-disclosures.pdf?la=en. -Privacy Policy: https://www.fairwayindependentmc.com/~/media/files/pdf/privacy-policy.pdf?la=en.-Terms of Use: https://www.fairwayindependentmc.com/~/media/files/pdf/terms-of-use.pdf?la=en. -Copywright 2017 Fairway Independent Mortgage Corporation.

WEEKLY RATE – INTEREST RATES REMAIN AT 2017 LOWS