WEEKLY RATE – Rates Slightly Lower After FED Rate Hike

The Federal Open Market Committee (FOMC) met on Wednesday and raised the Federal Funds rate again and also made strong suggestions with their commentary that a 4^th rate hike is likely by December of 2018.

While the Federal Funds Rate doesn’t directly correlate to interest rates, it does affect where the market is going.

Although rate pricing improved slightly last week with Mortgage Backed Security (MBS) Market trading up + 35 bps, the broader trend is for rate pricing to continue to move higher.

Currently a well qualified buyer can get an interest rate of mid to high 4%’s (APR high 4%’s to low 5%’s) depending on closing costs considerations. Most projections expect that number to be in the low 5%’s by the end of the year. 

Many expect that the higher rates could cause a housing market bumble but with low inventory and high demand in most markets and a bustling economy – I see steady home appreciation continuing.

In most markets, it’s cheaper to buy than rent a comparable a home.

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For a no obligation mortgage quote, please answer questions at bottom of email or go to:

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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. June 19th 2018 30 year fixed rates, June 20th 30 year fixed rates, June 21st 30 year fixed rates, June 22nd 2018 30 year fixed rates, June 23rd 2018 30 year fixed rates, June 24th 30 year fixed rates, June 25th 2018 30 year fixed rates, June 26th 2018 30 year fixed rates.

WEEKLY RATE – Rates Slightly Lower After FED Rate Hike

Congratulations on your closing Karen Barnes and Joseph Kulak!

#KarenBarnes, #RealtyOneGroup, #JosephKulak, #ArizonasBestRealEstate, #EastValleyRealtors, #WestValleyRealtors, #AZRealtors, #Realtyprofressionals, #UniversityRoyal, #TempeAZ, #Aguilar, #MarcosDeNiza, #TSD, #TempeUnionHighSchool, #Mortgageprofessionals, #ScottsdaleMortgages, #AzMortgages, #AZHomeLoans, #ScottsdaleAZ, #McCormickRanch, #FairwayIndependentMortgageCorp, #TeamGreen

Congratulations on your closing Karen Barnes and Joseph Kulak!

Congratulations on your closing Steve Schabacker and Matt Parker!

#SteveSchabacker, #HomesmartRealty, #MattParker, #ReMaxProfessionals, #Eastvalleyrealtors, #ArizonaRealtors, #PhoenixRealtors, #WestValleyRealtors, #RealtyProfessionals, #PhoenixAZ, #SheaHeights, #DesertCove, #SheaMiddle, #ShadowMountain, #ParadiseValley, #PVUSD, #ScottsdaleMortgageProffesionals, #Mortgages, #AzMortgages, #Eastvalleymortgages, #ScottsdaleAZ, #McCormickRanch, #FairwayIndependentMortgageCorp, #TeamGreen

Congratulations on your closing Steve Schabacker and Matt Parker!

LET’S PLAY LOANS

GRAND OPENING PARTY – FAIRWAY MCCORMICK RANCH

Thursday JULY 12th , 4 pm to 7 pm

It’s been a long road, but our office is finally finished and we want to celebrate. Come check out our new crib and our unique culture. Realtors, Affiliates, Lenders, Public – we would love to have you stop by and see us.

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GRAND OPENING PARTY – FAIRWAY INDEPENDENT MORTGAGE MCCORMICK RANCH

Thank you Ann for allowing us to assist in your home purchase journey.  We truly appreciate your business and congratulations on your new home.

Congratulations to these 2 awesome agents – it was awesome to work with you!!

#jpbrandvig, #relevate, #teamrelevate, #kellerwilliams, #kellerwilliamsphoenix, #kw, #joelrosas, #homesmart, #homesmartelitegroup, #Scottsdale, #condo, #hoa, #scottsdalecondo, #phoenixcondo, #scottsdalerealestate, #Scottsdalehome, #scottsdalerealtor, #scottsdalerealestateagent, #scottsdalelisting, #openhouse, #condominium, #fairwayindependentmortgage, #fairway, #fairwayindependentmortgagemccormickranch, #wedomortgages, #jennpatel, #jenniferpatel, #teamgreen.

Congratulations on Your Closing – JP Brandvig and Joel Rosas

Team Green has licensed loan officers that call, text, and email your database to convert contacts into clients.

We have 2 CRM systems used together to maximize our exposure to every contact we receive.

Our extensive follow up creates value to our partners and helps close more deals.

We would love to show you how we can add value to your business!!

TEAM GREEN  /  480-206-5577  /  TEAMGREEN@FAIRWAYMC.COM

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Would a Team of Telemarketers Help Your Business?

Congratulations on your closing Cody Turton and Monica Condomitti!

Congratulations on your closing Cody Turton and Monica Condomitti!

#CodyTurton, #MyHomeGroupRealEstate, #MonicaCondomitti, #RealtyONEGroup, #EastValleyRealtors, #ScottsdaleRealtors, #AZRealty, #RealtyProfessionals, #GrayHawkCondominiums, #MaricopaCounty, #GrayHawk, #MountainTrail, #Pinnacle, #ParadiseValleyUnifiedDistrict, #ScottsdaleTownHomes, #AZMortgages, #ScottsdaleMortgages, #MortgageProfessionals, #Mortgages, #MortgageMasters, #McCormickRanch, #ScottsdaleAZ, #FairwayIndependentMortgageCorp, #TeamGreen