It was awesome working with this Veteran family transplanting from California to Arizona. It was truly our pleasure and we appreciate everything you do. #thankyouforyourservice.
Our friend / Rockstar agent Rob Conway found them an amazing home at the Village at Litchfield Park. This guy is like a saint – 10% of his commission goes to a local charity. I donated 10% of my commission to the me fund. Not so saint like.
Faith Wang and Rob were on top of everything allowing us to close a jumbo VA loan in just over 2 weeks and sign out of state. Carolyn Lee at Driggs Title signed them out of state in California and got us recorded the same day.
Just an awesome experience and we’re so happy for this new Arizona family.
The original lender congratulations on your closing. I kid, I kid. #trendsetters
Rates continued to rise last week pushing interest rates to their highest levels in 9 months.
The Mortgage Backed Security Market (MBS) closed last week trading down -62 bps which is negative to interest rate pricing. The good news is we finally received some rate improvement on Tuesday, January 23rd, which is a welcome site after a steady negative trending market.
It’s tough to say if interest rates have reached their peak but we are definitely in a rising rate environment thus far in 2018.
Below are today’s interest rates and links to get a free rate quote or apply online.
Have a great week!!
MORTGAGE QUOTE / APPLY FOR A MORTGAGE:
For a no obligation mortgage quote, please answer questions at bottom of email or go to:
To apply for a refinance or home purchase loan, please call me or go to:
Team Green is a top 1% originating mortgage team in the country. Everyone on our team has over 13 years of mortgage lending experience.
My team treats every transaction as an audition to earn your business for the rest of your life.
Have an amazing week and we’re always available if you need help with a new home loan purchase or refinance.
TEAM GREEN LINE: 480-704-4890
TEAMGREEN@FAIRWAYMC.COM
Reggie Green, Team Green, and Fairway Independent Mortgage in Scottsdale, Arizona, McCormick Ranch, Fairway Independent Mortgage McCormick Ranch is dedicated to providing all the best mortgage products and customer service to assist you in your home purchase or refinance in Arizona, California, Colorado, Washington, Georgia, Michigan and Virginia. Below are the products and Mortgage Rate Sheets we offer 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. Fairway Independent Mortgage Corporation, Fairway Independent Mortgage McCormick Ranch, Team Green. Reggie Green. FairwayAZ, Fairway McCormick Ranch, Fairway Mortgage. January 23rd 2017 30 year fixed rates, January 24th 2017 30 year fixed rates, January 25th 2017 30 year fixed rates, January 26th 2017 30 year fixed rates, January 27th 2017 30 year fixed rates, January 28th 2017 30 year fixed rates, January 29th 2017 30 year fixed rates, January 30th 2017 30 year fixed rates.
– This week in interest rate pricing – Higher Conventional, VA, and FHA Loan Limits for 2018
WEEKLY INTEREST RATE PRICING: Interest rates have trended higher at the end of December and early January. Rate pricing is near 6 month highs, but the good news is that rates are still within a .25% of the best rates of the past 6 months. The Mortgage Backed Security (MBS) market started this week down – 44 bps, but since has recovered some going into Friday, trading down -12 bps. Mortgage Backed Securities and US Treasuries have a strong correlation to mortgage rate pricing. As bonds go down, rate pricing worsens. The expected trend is for mortgage rate pricing to continue to slowly trend higher in 2018. Below are today’s interest rates and links to get a free rate quote or apply online. Have a great week!!
HIGHER CONVENTIONAL, VA, and FHA LOAN LIMITS FOR 2018 CONVENTIONAL / VA 2018 LOAN LIMITS: Fannie Mae released their higher conventional loan limits for 2018. The normal conventional loan limit of $424,100 was raised to $453,10. VA followed suit mirroring conventional loan limits. Some higher priced areas have a high balance conventional loan over the country wide $453,100. To check the loan limit in your area – please click the link below: https://www.fanniemae.com/singlefamily/loan-limits FHA 2018 LOAN LIMITS: FHA also raised their loan limits. The one I most directly deal with is Maricopa County, Arizona which raised the FHA loan limit to $294,515. To check the loan limit in your area, please click the link below: https://www.fha.com/lending_limits MORTGAGE QUOTE / APPLY FOR A MORTGAGE: For a no obligation mortgage quote, please go to:
To apply for a refinance or home purchase loan, please call me or go to:
TEAM GREEN: Team Green is a top 1% originating mortgage team in the country. Everyone on our team has over 13 years of mortgage lending experience. My team treats every transaction as an audition to earn your business for the rest of your life. Have an amazing week and we’re always available if you need help with a new home loan purchase or refinance. TEAM GREEN LINE: 480-704-4890 TEAMGREEN@FAIRWAYMC.COM
Reggie Green, Team Green, and Fairway Independent Mortgage in Scottsdale, Arizona, McCormick Ranch, Fairway Independent Mortgage McCormick Ranch is dedicated to providing all the best mortgage products and customer service to assist you in your home purchase or refinance in Arizona, California, Colorado, Washington, Georgia, Michigan and Virginia. Below are the products and Mortgage Rate Sheets we offer 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. Fairway Independent Mortgage Corporation, Fairway Independent Mortgage McCormick Ranch, Team Green. Reggie Green. FairwayAZ, Fairway McCormick Ranch, Fairway Mortgage. January 12th 2017 30 year fixed rates, January 13th 2017 30 year fixed rates, January 14th 2017 30 year fixed rates, January 15th 2017 30 year fixed rates, January 16th 2017 30 year fixed rates, January 17th 2017 30 year fixed rates, January 18th 2017 30 year fixed rates, January 19th 2017 30 year fixed rates.