WEEKLY RATE – Rates Improve to Lowest Levels in 5 Months

Rates Improve to Lowest Levels in 5 Months

October 2015

Interest rates had a great week last week with the Mortgage Backed Security (MBS) market closing up every single day and closing the week up + 81 bps. With the improvement, interest rates are at their lowest levels in 5 months.

The week was highlighted by the September Non Farm Payroll report which came in well below expectations. Market analysts predicted job creation of 203k, but numbers were much lower at 142k. Job numbers were also adjusted down in July and August. Great news for interest rates, not great news for the economy.

On Monday, the TRID regulations finally go into effect which will affect the mortgage process with all lenders in the country. The main change is that the GFE and HUD settlement statement will be replaced by a different form highlighting rate, payment and costs. The new regulations also give a borrower 3 days to review the closing docs before signing. This will make the loan process a bit longer, but overall I feel the changes are good for the industry.

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:      3.75% – .5 points (3.85% APR),       3.875% – 0 points (3.9% APR)
20 year fixed:      3.5% – .76 points (3.65% APR),       3.625% – 0 points (3.66% APR)
15 year fixed:       2.875% – 1 point (3.07% APR),        3.125% – 0 points (3.16% APR)
10 year fixed:       2.75% – .34 points (2.81% APR),        2.875% – 0 points (2.9% APR)
5/1 ARM:       2.75% – 1 point (2.95% APR),        3.125% – 0 points (3.17% APR)
7/1 ARM:        3.0% – .93 points (3.18% APR),        3.375% – 0 points (3.4% APR)
30 year fixed FHA:       3.5% – .54 points (4.3% APR),        3.75% – 0 points (4.45% APR)
15 year fixed FHA:       2.875% – 1 point (3.37% APR),       3.125% – 0 points (3.42% APR)
30 year fixed VA:       3.5% – .79 points (3.66% APR),       3.75% – 0 points (3.75% APR)

Today's Interest Rates - October 5th, 2015
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. October 5th 2015 30 year fixed rates, October 6th 2015 30 year fixed rates, October 7th 2015 30 year fixed rates, October 8th 2015 30 year fixed rates, October 9th 2015 30 year fixed rates, October 10th 2015 30 year fixed rates, October 11th 2015 30 year fixed rates.

Rates Improve to Lowest levels in 5 months

Rates neutral after FED Announcement / Employment Report on Friday

Rates neutral after FED Announcement / Employment Report on Friday

September 2015

Interest rates haven’t moved much since the FED announcement to not raise the Federal Funds rate last Thursday. The Mortgage Backed Security (MBS) market traded down – 25 bps last week. This correction was somewhat expected after the MBS market went up so much after the FED announcement.

Interest rate pricing is still very close to their lowest levels in 4 months with the MBS market trading up + 16 bps so far on Monday.

Today the NY Fed President Bill Dudley spoke and stated that the FED will likely raise the Federal Funds rate by the end of the year. This week is employment week with the September Non Farm Payroll report due out on Friday. That report is always a big one and could cause rate volatility up or down depending on how the numbers compare to forecasts.

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:       3.875% – .60 points (3.99% APR),       3.99% – 0 points (4.04% APR)
20 year fixed:       3.625% – .72 points (3.76% APR),       3.75% – 0 points (3.79% APR)
15 year fixed:       2.99% – 1 point (3.19% APR),       3.25% – 0 points (3.28% APR)
10 year fixed:       2.75% – .88 points (2.92% APR),        3.0% – 0 points (3.04% APR)
5/1 ARM:        3.0% – .94 points (3.18% APR),         3.375% – 0 points (3.4% APR)
7/1 ARM:        3.25% – .85 points (3.42% APR),         3.625% – 0 points (3.66% APR)
30 year fixed FHA:        3.625% – .84 points (4.49% APR),         3.75% – 0 points (4.45% APR)
15 year fixed FHA:        3.125% – .57 points (3.53% APR),        3.375% – 0 points (3.67% APR)
30 year fixed VA:        3.75% – 0 points (3.77% APR)

Today's Interest Rates - September 28th, 2015
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. September 28th 2015 30 year fixed rates, September 29th 2015 30 year fixed rates, September 30th 2015 30 year fixed rates, October 1st 2015 30 year fixed rates, October 2nd 2015 30 year fixed rates, October 3rd 2015 30 year fixed rates, October 4th 2015 30 year fixed rates.

Rates neutral after FED Announcement / Employment Report on Friday

Rates Improve / FED doesn’t raise Federal Funds Rate

Rates Improve / FED doesn’t raise Federal Funds Rate

September 2015

Interest rates improved significantly on Thursday and Friday after the Federal Open Market Committee (FOMC) announced they would not raise the Federal Funds Rate. The Mortgage Backed Security (MBS) market closed Thursday/Friday trading up +83 bps, and the week up +47 bps. Perhaps more important, the FEDs comments on the fragility of the economy lead some in the market to believe that the Federal Funds Rate could stay at 0% for some time.

30 year fixed rates are now available at 3.875% paying .79 points (4.03% APR), and 3.99% paying 0 points (4.05% APR). 15 year fixed rates are now available at 2.99% paying 1 point (3.19% APR), and 3.25% paying 0 points (3.28% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

With interest rates near 4 month lows – now is a great time to lock in.

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:       3.875% – .79 points (4.03% APR),       3.99% – 0 points (4.05% APR)

20 year fixed:      3.625% – .91 points (3.81% APR),      3.875% – 0 points (3.9% APR)

15 year fixed:      2.99% – .51 points (3.19% APR),       3.25% – 0 points (3.28% APR)

10 year fixed:       2.75% – .84 points (2.91% APR),       3.0% – 0 points (3.04% APR)

5/1 ARM:      3.0% – .98 points (3.2% APR),       3.375% – 0 points (3.4% APR)

7/1 ARM:       3.25% – .92 points (3.43% APR),        3.625% – 0 points (3.66% APR)

30 year fixed FHA:       3.625% – .82 points (4.48% APR),         3.75% – 0 points (4.45% APR)

15 year fixed FHA:        3.0% – .95 points (3.45% APR),          3.25% – 0 points (3.5% APR)

30 year fixed VA:         3.75% – 0 points (3.77% APR)

TR - September 21st, 2015

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. September 21st 2015 30 year fixed rates, September 22nd 2015 30 year fixed rates, September 23rd 2015 30 year fixed rates, September 24th 2015 30 year fixed rates, September 25th 2015 30 year fixed rates, September 26th 2015 30 year fixed rates, September 27th 2015 30 year fixed rates.

Rates Improve / FED doesn’t raise Federal Funds Rate

Rates go up slightly – Fed makes statement on rates September 17th

Rates go up slightly – Fed makes statement on rates September 17th

September 2015

Interest rates went up slightly last week with the Mortgage Backed Security (MBS) market closing the week down – 28 bps.

30 year fixed rates are now available at 3.875% paying .89 points (4.05% APR), and 4.125% paying 0 points (4.14% APR). 15 year fixed rates are now available at 3.125% paying .51 point (3.22% APR), and 3.25% paying 0 points (3.28% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

The major news this week will still be the Federal Open Market Committee’s (FOMC) statement at 2 pm on Thursday, September 17th 2015. In a recent poll, 46% of Wall Street economists are predicting the FED to raise the Federal Funds rate. I still don’t think they will but the uncertainty of when they will is certainly taking a toll on the market.

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:      3.875% – .89 points (4.05% APR),       4.125% – 0 points (4.14% APR)

20 year fixed:      3.625% – 1 point (3.82% APR),       3.875% – 0 points (3.9% APR)

15 year fixed:       3.125% – .51 points (3.22% APR),        3.25% – 0 points (3.28% APR)

10 year fixed:       2.75% – 1 point (2.95% APR),        3.0% – 0 points (3.04% APR)

5/1 ARM:       3.0% – .94 points (3.18% APR),        3.375% – 0 points (3.4% APR)

7/1 ARM:       3.25% – .89 points (3.42% APR),       3.625% – 0 points (3.66% APR)

30 year fixed FHA:       3.625% – .97 points (4.51% APR),         3.75% – 0 points (4.55% APR)

15 year fixed FHA:         3.0% – 1 point (3.5% APR),          3.375% – 0 points (3.67% APR)

30 year fixed VA:        3.75% – 0 points (3.79% APR)

Today's Interest Rates - September 14th, 2015

 

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. September 14th 2015 30 year fixed rates, September 15th 2015 30 year fixed rates, September 16th 2015 30 year fixed rates, September 17th 2015 30 year fixed rates, September 18th 2015 30 year fixed rates, September 19th 2015 30 year fixed rates, September 20th 2015 30 year fixed rates.

Rates go up slightly – Fed makes statement on rates September 17th

Today’s Rates – 30 Year Fixed at 3.75%

Today’s Rates – 30 Year Fixed at 3.75%

December 8th, 2014

Interest rates are improving today – as of 12 pm Pacific – the Mortgage Backed Security (MBS) market is trading up + 35 bps.

This is welcome news after interest rates went higher 4 of 5 days last week. The MBS market closed down – 67 bps last week. The week was capped by a stronger than expected November employment report where non-farm payroll job creation rose 321,000 compared to estimates of 230,000.

Most US economic reports have been positive recently – but rates have held up remarkably well due to economic weakness in other parts of the world. Although the FED’s Quantitative Easing program is coming to an end, many expect the European Central Bank (ECB) to initiate an asset purchase program which would be beneficial for interest rates.

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!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4% paying 0 points

15 Year Fixed at 3.375% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      3.75% – 1 point (3.95% APR),       4% – 0 points (4.04% APR)

20 year fixed:      3.625% – .75 points (3.75% APR),        3.75% – 0 points (3.79% APR)

15 year fixed:       3.125% – .5 points (3.175% APR),        3.375% – 0 points (3.4% APR)

10 year fixed:        2.875% – .75 points (3.03% APR),         3.125% – 0 points (3.17% APR)

5/1 ARM:        2.875% – 1 point (3.175% APR),         3.25% – 0 points (3.28% APR)

7/1 ARM:        3.125% – .875 points (3.3% APR),         3.375% – 0 points (3.39% APR)

30 year fixed FHA:        3.375% – .875 points (4.55% APR),          3.625% – 0 points (4.625% APR)

15 year fixed FHA:        2.875% – 1 point (3.375% APR),         3.125% – 0 points (3.425% APR)

30 year fixed VA:       3.5% – .5 points (3.6% APR),         3.625% – 0 points (3.67% APR)

Today's Interest Rates -December 8th, 2014

 

Today’s Rates  – 30 Year Fixed at 3.75%

RATES CONTINUE TO IMPROVE , PAYROLL REPORT ON FRIDAY

Rates Continue to Improve , Payroll report on Friday

September 30th, 2014

Interest rates continued to steadily improve over the past week. The Mortgage Backed Security market (MBS) closing last week up + 35 bps, and closed Monday up + 14 bps.

The effect on interest rates is lower costs available at each rate.

30 Year Fixed rates settled in at 4.125% costing .1 points, and 15 year fixed rates remained at 3.25% with lower fees – .5 points.

The MBS and interest rate markets are still being helped by Europe’s economic situation and various geo-political concerns across the globe. On Friday – the most important economic report of all – the September non farm payroll jobs report will be released. I always recommend locking in before this is released because interest rates have the opportunity to move quickly depending on the results of job creation versus market expectations.

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!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

20 Year Fixed at 4.0% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      4.125% – .1 points (4.145% APR),       4.25% – 0 points (4.28% APR)

20 year fixed:       3.75% – .78 points (3.89% APR),       4% – 0 points (4.05% APR)

15 year fixed:       3.25% – .5 points (3.35% APR),       3.375% – 0 points (3.4% APR)

10 year fixed:       3.125% – .39 points (3.19% APR),       3.375% – 0 points (3.39% APR)

5/1 ARM:       2.75% – .76 point (2.9% APR),       3% – 0 points (3.05% APR)

7/1 ARM:       3% – .9 points (3.18% APR),        3.375% – 0 points (3.4% APR)

30 year fixed FHA:       3.625% – .67 points (4.74% APR),        3.75% – 0 points (4.75% APR)

15 year fixed FHA:       3% – .59 points (3.42% APR),        3.25% – 0 points (3.55% APR)

30 year fixed VA:        3.75% – 0 points (3.82% APR)

Today's Interest Rates - September 24th, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado 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. September 30th 2014 30 year fixed rates, October 1st 2014 30 year fixed rates, October 2nd 2014 30 year fixed rates, October 3rd 2014 30 year fixed rates, October 4th 2014 30 year fixed rates, October 5th 2014 30 year fixed rates, October 6th 2014 30 year fixed rates.

Rates Continue to Improve , Payroll report on Friday

Mortgage Interest Rates Hit 2 Week Lows

Mortgage Interest Rates Hit 2 Week Lows

September 24th, 2014

Mortgage interest rate pricing is a fickle market to follow. Last week, mortgage interest rate pricing had moved higher – pushing mortgage interest rates to some of their highest levels in close to 4 months. The rates pricing wasn’t that much higher, but since interest rate pricing has stayed in a narrow range for most of 2014 – it was some of the highest pricing we have seen in a while.

On Wednesday, the FOMC statement came and went with no real surprise news. The FED will continue to tighten their monetary policy and will eventually raise the Federal Funds rate – but without an exact date mentioned.

Because many expected an announced date to raise the Federal Funds rate, interest rate pricing has gradually improved since Wednesday. In fact, interest rates have improved 4 days straight going into Wednesday and are at their lowest levels in 2 weeks.

30 Year Fixed rates have moved to a level where 4.125% is only costing a portion of a point. All the other Conforming, FHA and VA pricing options have improved as well. Now could be a good time to lock in as rates will usually rebound the other way after multiple day improvement.

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!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

5/1 ARM at 3.0% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .16 points (4.157% APR),        4.25% – 0 points (4.28% APR)

20 year fixed:       3.875% – .54 points (3.99% APR),        4.125% – 0 points (4.15% APR)

15 year fixed:       3.25% – .67 points (3.37% APR),         3.5% – 0 points (3.54% APR)

10 year fixed:        3.125% – .45 points (3.21% APR),         3.25% – 0 points (3.3% APR)

5/1 ARM:        2.75% – .82 point (2.92% APR),         3% – 0 points (3.05% APR)

7/1 ARM:        3% – .95 points (3.19% APR),         3.25% – 0 points (3.3% APR)

30 year fixed FHA:        3.625% – .84 points (4.64% APR),         3.75% – 0 points (4.75% APR)

15 year fixed FHA:         3.25% – 0 points (3.55% APR)

30 year fixed VA:          3.75% – .35 points (3.81% APR),           3.875% – 0 points (3.91% APR)

Today's Interest Rates - September 15th, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado 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. September 24th 2014 30 year fixed rates, September 25th 2014 30 year fixed rates, September 26th 2014 30 year fixed rates, September 27th 2014 30 year fixed rates, September 28th 2014 30 year fixed rates, September 29th 2014 30 year fixed rates, September 30th 2014 30 year fixed rates

Mortgage Rates Hit 2 week Lows

Rates Move Up 4 of the last 5 days – FED statement on Wednesday

Rates Move Up 4 of the last 5 days – FED statement on Wednesday

September 15th, 2014

After a modest gain last Monday of + 4 bps, Interest rates went up Tuesday through Friday with the Mortgage Backed Security (MBS) market ending down – 71 bps on the week.

On Monday – the market closed + 15 bps, pulling up a bit higher over the 200 day average.

The big news this week is the FED meeting and subsequent Janet Yellen press conference. There is considerable belief that the FED will change the verbiage of the official policy statement – removing the notion that the FED would not hike rates for a considerable time after their asset purchasing ends.   This has caused anxiety and sell offs in the MBS market – the market most closely associated to Interest Rates.

I would highly recommend locking before Wednesday to protect yourself.

Currently rates are a bit higher but still in the general range they have maintained for most of the past year and 2 months.

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!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.375% paying 0 points

15 Year Fixed at 3.5% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:        4.25% – .42 points (4.33% APR),         4.375% – 0 points (4.39% APR)

20 year fixed:       4% – .98 points (4.2% APR),         4.125% – 0 points (4.16% APR)

15 year fixed:        3.375% – .65 points (3.5% APR),        3.5% – 0 points (3.55% APR)

10 year fixed:        3.125% – .97 points (3.28% APR),        3.375% – 0 points (3.41% APR)

5/1 ARM:       3% – .78 point (3.17% APR),         3.25% – 0 points (3.3% APR)

7/1 ARM:        3.25% – .68 points (3.37% APR),         3.625% – 0 points (3.7% APR)

30 year fixed FHA:        3.75% – 0 points (4.75% APR)

15 year fixed FHA:         3.25% – 0 points (3.55% APR)

30 year fixed VA:        3.75% – .20 points (3.79% APR), 3.875% – 0 points (3.9% APR)

Today's Interest Rates - September 15th, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado 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. September 15th 2014 30 year fixed rates, September 16th 2014 30 year fixed rates, September 17th 2014 30 year fixed rates, September 18th 2014 30 year fixed rates, September 19th 2014 30 year fixed rates, September 20th 2014 30 year fixed rates, September 21st2014 30 year fixed rates.

Rates Move Up 4 of the last 5 days – FED statement on Wednesday

INTEREST RATES IMPROVE 7 STRAIGHT DAYS / VOLATILITY AHEAD

INTEREST RATES IMPROVE 7 DAYS STRAIGHT / VOLATILITY AHEAD

September 3rd, 2014

I hope everyone had a happy and safe Labor Day weekend.

Interest rates improved 7 days straight with the Mortgage Backed Security market trading higher every day last week and closing + 38 bps higher on the week. Unfortunately, the MBS market sold off some on Tuesday, selling down -27 bps and taking away most of the gains from last week.

Currently 30 year fixed rates sit at 4% paying .87 points, and 4.125% paying 0 points.

This week has a lot of economic data coming out and I would recommend locking pricing before Friday.

Thursday – the European Central Bank (ECB) will meet and many hope they reveal an asset purchasing plan that will push more money into the economy.

Friday – the all important August employment report will be released.

I think rates could go a bit higher this week and there will likely be more volatility this week than normal. Even so, I don’t see huge rate swings but most likely closing costs swings at any given rate. I still see rates trading in a relatively narrow range as they have done for most of 2014.

For a free email mortgage quote, please go to mortgage quote tab on the right or go to www.freemortgagequote.biz

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

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.125% paying 0 points

15 Year Fixed at 3.375% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      4% – .87 points (4.17% APR),       4.125% – 0 points (4.17% APR)

20 year fixed:       3.75% – .84 points (3.91% APR),       4% – 0 points (4.04% APR)

15 year fixed:       3.25% – .58 points (3.36% APR),        3.375% – 0 points (3.41% APR)

10 year fixed:       3.0% – 1 point (3.2% APR),        3.25% – 0 points (3.28% APR)

5/1 ARM:       2.75% – .81 point (2.91% APR),        3% – 0 points (3.05% APR)

7/1 ARM:       3.125% – .51 points (3.23% APR),       3.375% – 0 points (3.4% APR)

30 year fixed FHA:       3.375% – .82 points (4.575% APR),        3.625% – 0 points (4.65% APR)

15 year fixed FHA:        3% – .97 points (3.5% APR),         3.25% – 0 points (3.55% APR)

30 year fixed VA:        3.5% – .72 points (3.65% APR),        3.75% – 0 points (3.78% APR)

Today's Interest Rates - September 3rd, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado 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. September 3rd 2014 30 year fixed rates, September 4th 2014 30 year fixed rates, September 5th 2014 30 year fixed rates, September 6th 2014 30 year fixed rates, September 7th 2014 30 year fixed rates, September 8th 2014 30 year fixed rates, September 9th 2014 30 year fixed rates.

INTEREST RATES IMPROVE 7 DAYS STRAIGHT / VOLATILITY AHEAD

RATES CLOSE TO LOWEST LEVELS OF THE YEAR

RATES CLOSE TO LOWEST LEVELS OF THE YEAR

August 19th, 2014

Mortgage rates hit their lowest levels in 2 months on Friday when concern over escalation of the Ukraine/Russia conflict had investors trading for safety. The Mortgage Backed Security Market closed the day up + 26 basis points, and finished last week up + 40 bps.

As is typical in this market where much of the rate changes are in response to geopolitical headlines, the MBS market closed down – 36 bps on Monday when no military action took place in Ukraine/Russia over the weekend.

The markets will likely continue to follow this trend with rates improving when escalation of military action abroad is expected/happening and rates will go up when it appears a peaceful resolution is coming.

Although Monday took back much of the gains of last week, so far on Tuesday the MBS market is trading up + 16 bps and mortgage interest rates are still at some of the lowest levels of the year.

Janet Yellen, the FED chief, is speaking at a banker’s conference on Friday. She is expected to address Labor Markets and a possible rate increase. This is something to pay attention to as whenever the Federal Reserve Board speaks – the market listens and it can move interest rate pricing in a hurry.

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

BEST VALUE OF THE WEEK:

5/1 ARM at 3% paying 0 points

20 Year Fixed at 3.875% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .19 points (4.165% APR),        4.25% – 0 points (4.28% APR)

20 year fixed:         3.75% – .44 points (3.84% APR),         3.875% – 0 points (3.92% APR)

15 year fixed:         3.125% – .98 points (3.32% APR),         3.375% – 0 points (3.4% APR)

10 year fixed:         3.0% – .51 points (3.1% APR),         3.125% – 0 points (3.16% APR)

5/1 ARM:         2.75% – .72 points (2.89% APR),          3% – 0 points (3.05% APR)

7/1 ARM:         3% – .99 points (3.2% APR),           3.25% – 0 points (3.3% APR)

30 year fixed FHA:         3.5% – .23 points (4.56% APR),           3.625% – 0 points (4.65% APR)

15 year fixed FHA:         3% – .79 points (3.44% APR),          3.25% – 0 points (3.55% APR)

30 year fixed VA:         3.5% – .61 points (3.62% APR),           3.75% – 0 points (3.77% APR)

Today's Interest Rates - August 19th, 2014

Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Arizona Home Loans, California Home Loans, Colorado 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, 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. August 19th 2014 30 year fixed rates, August 20th 2014 30 year fixed rates, August 21st 2014 30 year fixed rates, August 22nd 2014 30 year fixed rates, August 23rd 2014 30 year fixed rates, August 24th 2014 30 year fixed rates, August 25th 2014 30 year fixed rates.

Rates Close to Lowest Levels of the Year.