WEEKLY RATE – Interest Rates at close to lowest levels of 2017

WEEKLY RATE – Interest Rates at close to lowest levels of 2017

Interest rates improved on the Tuesday after Memorial Day, after remaining flat heading into the long weekend.

The Mortgage Backed Security Market (MBS) closed last week even and traded up + 22 bps, on Tuesday, May 30^th.

Overall, interest rates have only been slightly better a couple of days in 2017. You can now get a 3.99% for .58 pts assuming good credit.

We have a lot of data coming up that could cause rate volatility. On Friday June 2^nd, the US Non Farm Payroll Report and Unemployment rate will be released. 2 weeks from Wednesday, we have the Federal Reserve Board Interest Rate Decision where the Federal Open Market Committee (FOMC) decides whether to raise the Federal Funds rate.

As always, have an amazing week and I’m always available if you need help with a new home loan purchase or refinance.

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

WWW.FREEMORTGAGEQUOTE.BIZ

To apply for a refinance or home purchase loan, please call me or go to:

https://0414113733.mortgage-application.net/WebApp/Start.aspx

I am a top 1% mortgage originator in the country with 13 years of experience.

My team treats every transaction as an audition to earn your business for the rest of your life.

Our customers always come first and we will do everything in our power to make sure you have a great product and a great mortgage experience.

Check out our outstanding reviews from our past clients:

http://mortgagenewsandrates.com/testimonials/

https://www.zillow.com/profile/reggiegreenjr/

https://www.facebook.com/MortgageNewsandRates/

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

TODAY’S INTEREST RATES:

30 year fixed: 3.99% – .58 points (4.1% APR), 4.125% – 0 points (4.17% APR), 4.375% – $0 costs (4.375% APR)

20 year fixed: 3.75% – .79 points (3.91% APR), 3.99% – 0 points (4.04% APR), 4.125% – $0 costs (4.125% APR)

15 year fixed: 3.25% – .77 points (3.41% APR), 3.5% – 0 points (3.55% APR), 3.875% – $0 costs (3.875% APR)

7/1 ARM: 3.5% – .99 points (3.7% APR), 3.875% – 0 points (3.92% APR)

30 year fixed FHA: 3.75% – .88 points (4.62% APR), 4.0% – 0 points (4.7% APR), 4.375% – $0 costs (outside of FHA Fee) (5.07% APR)

15 year fixed FHA: 3.375% – .99 points (3.87% APR), 4.0% – 0 points (4.3% APR), 4.375% – $0 costs (outside of FHA Fee) (4.57% APR)

30 year fixed VA: 3.75% – .81 points (3.91% APR), 4.0% – 0 points (4.05% APR), 4.375% – $0 costs (4.375% APR)

30 year Fixed Jumbo: 3.875% – .97 points (4.08% APR), 4.125% – 0 points (4.16% APR),

5/1 ARM Jumbo: 3.0% – .87 points (3.17% APR), 3.375% – 0 points (3.42% APR)

WEEKLY RATE – Interest Rates at close to lowest levels of 2017

Testimonial Tuesday – Team Green

TESTIMONIAL TUESDAY – TEAM GREEN

Thank you for the awesome review Ken. Congratulations on your new home and we truly appreciate the opportunity to work on your home loan.

If you would like to apply or get prequalified for a new home loan, please click APPLY NOW.

If you would like to get a FREE MORTGAGE QUOTE – please answer 6 questions here: WWW.FREEMORTGAGEQUOTE.BIZ

TEAM GREEN Presents: Fairway Independent Mortgage – McCormick Ranch

Proud to announce that Team Green has officially opened our new mortgage branch in the McCormick Ranch and Gainey Ranch area of Scottsdale, Arizona.

Fairway Independent Mortgage Corporation – McCormick Ranch

7702 East Doubletree Ranch Road, Suite 300

Scottsdale, AZ, 85258

We currently at a temporary location, but we have an offer in and hope to have a permanent location soon. McCormick Ranch and Gainey Ranch borrowers and realtors, we’d love the opportunity to meet and work with you. We are the neighborhood lenders.

WEEKLY RATE – INTEREST RATES DROP TO 2 WEEK LOWS

WEEKLY RATE – Interest Rates Drop to 2 Week Lows

After trending higher for the past 2 weeks, mortgage rates dropped to 2 week lows with strong movement in the bond market on Friday of last week.

Last week, the Mortgage Backed Security (MBS) market was trading down -67 bps through Thursday. On Friday, the MBS market trended heavily the other way gaining back much of the losses. MBS ended the day up + 45 bps.

The main take away from this is a trend towards even higher rates was thwarted and we are seeing some correction in the bond market with the MBS trading higher this week.

As always, have an amazing week and I’m always available if you need help with a new home loan purchase or refinance.

I am a top 1% mortgage originator in the country with 13 years of experience.

My team treats every transaction as an audition to earn your business for the rest of your life.

Our customers always come first and we will do everything in our power to make sure you have a great product and a great mortgage experience.

Check out our outstanding reviews from our past clients:

http://mortgagenewsandrates.com/testimonials/

https://www.zillow.com/profile/reggiegreenjr/

https://www.facebook.com/MortgageNewsandRates/

For a no obligation mortgage quote, please answer questions on the right of this web page 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% – .90 points (4.19% APR), 4.25% – 0 points (4.27% APR), 4.375% – $0 costs (4.375% APR)

20 year fixed: 3.875% – .5 points (3.98% APR), 3.99% – 0 points (4.04% APR), 4.25% – $0 costs (4.25% APR)

15 year fixed: 3.25% – .99 points (3.45% APR), 3.625% – 0 points (3.67% APR), 3.875% – $0 costs (3.875% APR)

7/1 ARM: 3.625% – .79 points (3.78% APR), 4.0% – 0 points (4.05% APR)

30 year fixed FHA: 3.875% – .81 points (4.7% APR), 4.125% – 0 points (4.82% APR), 4.375% – $0 costs (outside of FHA Fee) (5.07% APR)

15 year fixed FHA: 3.625% – .91 points (4.1% APR), 3.875% – 0 points (4.17% APR)

30 year fixed VA: 3.75% – .93 points (3.94% APR), 4.125% – 0 points (4.17% APR), 4.375% – $0 costs (4.375% APR)

30 year Fixed Jumbo: 4.0% – .62 points (4.12% APR), 4.125% – 0 points (4.17% APR),

7/1 ARM Jumbo: 3.25% – .84 points (3.4% 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 DROP TO 2 WEEK LOWS

Introducing Fairway Independent Mortgage’s Doctor Home Loan Program

Introducing Fairway Independent Mortgage’s Doctor Home Loan Program

Calling all Doctors wanting a mortgage specifically designed for them. Introducing Fairway Independent Mortgage Corporation’s Doctor Home Loan Program.

Please call Team Green for all your home financing needs:

TEAM GREEN – 480-206-5577, teamgreen@fairwaymc.com

Introducing Fairway Independent Mortgage’s Doctor Home Loan Program

John McNulty Testimonial – Team Green

Honored to get this awesome review from John McNulty. Thanks so much for the opportunity to work for you, your wife Jennifer, and your Mother in Law Margaret.

I hope Margaret gets better soon and can move into your new home.

-Reg

JOHN MCNULTY TESTIMONIAL

Thinking of using Reggie Green? Let me tell you my story of how he helped
me.
In 2017 I was in the process of building a home with an “in law suite” so my
mother in law (who was battling cancer at the time and couldn’t live on her
own anymore). I needed to use the builder’s lender to take advantage of the
the $17,000.00 in incentives which they offered. During the time the home was
being built the lender consistently told me that I was totally qualified and had
nothing to worry about.
I sold my house, moved into a hotel with my family and planned to be there for
1 weekend. 4 days before I was to close the lender left me a “voicemail”
stating “sorry but we are not able to do the loan” and did not even provide an
any alternative solution. I now found my family and I homeless and hotel
hopping.
I have worked with Reggie in the past and immediately called him and asked if
he could help me.
Long story short, Reggie was able to qualify us, closed the loan and get us into
our new home within 10 days.
Being a realtor myself and working with Reggie in the past, I’ve seen him close
loans no one else could.
If your looking a professional, honest lender who will help you with all your
needs and answer all of your questions then Reggie Green at Fairways
Mortgage is the only lender to turn to.
Thanks for all of your help Reggie!

Sincerely,
John McNulty

WEEKLY RATE – INTEREST RATES CONTINUE TO TREND HIGHER

WEEKLY RATE – Interest Rates Continue to trend higher

Mortgage interest rates continued to trend higher last week and into this.

Last week was choppy with some small improvement after April’s US Non Farm Payroll report. The Mortgage Backed Security (MBS) market still ending the week trading down -13 bps. MBS is still trending down this week trading – 21 bps through Tuesday evening.

With a likely FED rate increase in June, I see no reason in floating at this time. The lower rate pricing we saw in parts of April were mainly due to Geopolitical concerns.

As always, have an amazing week and I’m always available if you need help with a new home loan purchase or refinance.

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: 4.125% – .73 points (4.2% APR), 4.25% – 0 points (4.3% APR), 4.5% – $0 costs (4.5% APR)

20 year fixed: 3.875% – .91 points (4.03% APR), 4.125% – 0 points (4.06% APR), 4.25% – $0 costs (4.25% APR)

15 year fixed: 3.375% – .98 points (3.55% APR), 3.75% – 0 points (3.69% APR), 3.99% – $0 costs (3.99% APR)

7/1 ARM: 3.625% – .92 points (3.7% APR), 4.0% – 0 points (3.93% APR)

30 year fixed FHA: 3.875% – 1 point (4.74% APR), 4.25% – 0 points (4.82% APR), 4.375% – $0 costs (outside of FHA Fee) (5.1% APR)

15 year fixed FHA: 3.625% – 1 point (4.09% APR), 3.875% – 0 points (4.27% APR)

30 year fixed VA: 3.875% – .93 points (4.00% APR), 4.25% – 0 points (4.2% APR), 4.375% – $0 costs (4.37% APR)

30 year Fixed Jumbo: 4.125% – .62 points (4.2% APR), 4.25% – 0 points (4.32% APR),

7/1 ARM Jumbo: 3.375% – .78 points (3.53% APR), 3.625% – 0 points (3.7% APR)

WEEKLY RATE – INTEREST RATES CONTINUE TO TREND HIGHER

WEEKLY RATE – Interest Rates Inch Higher

WEEKLY RATE – Interest Rates Inch Higher

Mortgage interest rates are beginning to trend slowly higher with the Mortgage Backed Security (MBS) market trading down the past 3 weeks.

The Mortgage Backed Security market trading down last week – 2 bps, and is trading down this week – 34 bps as of Thursday morning.

The Federal Open Market Committee (FOMC) met this week and did not raise the Federal Funds rate. They stated that although economic growth has slowed, they view it as transitory and they believed the labor market has strengthened. This verbiage points to a likely FED rate increase in June.

The April US Non Farm Payroll report comes out this Friday. As always, this report typically shapes the direction of rates for the upcoming month.

For a no obligation 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: 4.0% – 1 point (4.2% APR), 4.25% – 0 points (4.3% APR), 4.5% – $0 costs (4.5% APR)

20 year fixed: 3.875% – .79 points (4.03% APR), 4.0% – 0 points (4.06% APR), 4.25% – $0 costs (4.25% APR)

15 year fixed: 3.375% – .9 points (3.55% APR), 3.625% – 0 points (3.69% APR), 3.99% – $0 costs (3.99% APR)

7/1 ARM: 3.5% – 1 point (3.7% APR), 3.875% – 0 points (3.93% APR)

30 year fixed FHA: 3.875% – .84 points (4.74% APR), 4.125% – 0 points (4.82% APR), 4.375% – $0 costs (outside of FHA Fee) (5.1% APR)

15 year fixed FHA: 3.625% – .83 points (4.09% APR), 3.875% – 0 points (4.27% APR)

30 year fixed VA: 3.875% – .64 points (4.00% APR), 4.125% – 0 points (4.2% APR), 4.375% – $0 costs (4.37% APR)

30 year Fixed Jumbo: 4.0% – 1 point (4.2% APR), 4.25% – 0 points (4.32% APR),

7/1 ARM Jumbo: 3.375% – .78 points (3.53% APR), 3.625% – 0 points (3.7% APR)

WEEKLY RATE – Interest Rates Inch Higher

Month: May 2017

WEEKLY RATE – Interest Rates at close to lowest levels of 2017

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Testimonial Tuesday – Team Green

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TEAM GREEN Presents: Fairway Independent Mortgage – McCormick Ranch

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WEEKLY RATE – INTEREST RATES DROP TO 2 WEEK LOWS

WWW.FREEMORTGAGEQUOTE.BIZ

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Introducing Fairway Independent Mortgage’s Doctor Home Loan Program

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John McNulty Testimonial – Team Green

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WEEKLY RATE – INTEREST RATES CONTINUE TO TREND HIGHER

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WEEKLY RATE – Interest Rates Inch Higher

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