TODAY’S MORTGAGE INTEREST RATES – 30 YEAR FIXED BACK TO 4.125%

TODAY’S MORTGAGE INTEREST RATES – 30 YEAR FIXED BACK TO 4.125%

July 21st, 2014

Interest Rate pricing moved up on my rate sheets this week even though the MBS market closed + 2 bps. Every day the MBS market closed down except Thursday, when markets reacted to the reports of a civilian plane being shot down in the Ukraine.

As has been the case for much of the past year – interest rates are staying in the same range and I expect that to continue for now. I don’t see the events in Ukraine and the Gaza strip having a huge effect on interest rates unless a conflict erupts with Russia or the Israel conflict brings in other countries from the region.

30 Year Fixed rates are now starting at 4.125% with 15 year fixed rates starting at 3.25%.

Next week many firms will be reporting their 2nd quarter earnings. June existing and new home sales reports will be released. After the dust settles, I see rates remaining in the same range at the end of next week.

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

15 Year Fixed at 3.625% with $0 costs

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .55 points (4.235% APR),       4.25% – 0 points (4.3% APR)

20 year fixed:       3.875% – .52 points (3.98% APR),        4.125% – 0 points (4.17% APR)

15 year fixed:        3.25% – .8 points (3.41% APR),        3.5% – 0 points (3.53% APR)

10 year fixed:        3% – 1 point (3.2% APR),        3.25% – 0 points (3.29% APR)

5/1 ARM:        2.875% – .73 points (3.04% APR),         3.125% – 0 points (3.13% APR)

7/1 ARM:       3.125% – 1 point (3.325% APR),        3.375% – 0 points (3.4% APR)

30 year fixed FHA:        3.625% – .75 points (4.69% APR),        3.75% – 0 points (4.75% APR),

15 year fixed FHA:        3% – .83 points (3.46% APR),        3.25% – 0 points (3.55% APR)

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

Today's Interest Rates - July 21st, 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. July 21st 2014 30 year fixed rates, July 22nd 2014 30 year fixed rates, July 23rd 2014 30 year fixed rates, July 24th 2014 30 year fixed rates, July 25th 2014 30 year fixed rates, July 26th 2014 30 year fixed rates, July 27th 30 year fixed rates.

TODAY’S MORTGAGE INTEREST RATES – 30 YEAR FIXED BACK TO 4.125%

MORTGAGE RATES MOVE HIGHER – JULY INTEREST RATE SPECIAL

MORTGAGE RATES MOVE HIGHER – JULY INTEREST RATE SPECIAL

July 7th, 2014

I hope everyone had a happy and safe 4th of July Holiday weekend.

Interest rates went up last week with signals that we could have a higher than anticipated jobs report on Thursday. The June employment report confirmed this thinking with Non Farm job creation coming in at 288,000 over an estimated 212,000.

Luckily, the markets had already moved higher before Thursday – thus when the actual report was released we didn’t see a ton of movement higher as it was already reflected in the market.

On the week – the Mortgage Backed Security market (MBS) closed down – 65 basis points pushing rates higher than the previous week.

In an effort to have a great July volume month – my company is offering a July interest rate special. Below are the discounts that are reflected in my rate pricing today. This special has limited the movement up of our rate sheet and in some cases improved rate pricing even though the market is moving higher.

IN THE INTEREST OF HAVING A HUGE JULY, MANAGEMENT JUST LOWERED OUR RATES:

1. Conventional (50 bps)
2. High Balance Conforming (37.5bps)
3. FHA/FHA High Balance and VA/VA High Balance rates reduced by (100 bps)
4. Jumbo (25bps)

Please contact me if you would like to take advantage of the July interest rate special as it can end at any time.

Have a great week!!

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

Below are today’s interest rates – have a wonderful week and a fantastic Independence Day!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

10 Year Fixed at 3.25% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      4.125% – .77 points (4.275% APR),      4.25% – 0 points (4.29% APR)

20 year fixed:      4% – .54 points (4.11% APR),       4.125% – 0 points (4.16% APR)

15 year fixed:       3.25% – .79 points (3.41% APR),       3.375% – 0 points (3.41% APR)

10 year fixed:      3% – .95 points (3.19% APR),      3.25% – 0 points (3.29% APR)

5/1 ARM:      2.875% – .93 points (3.07% APR),       3.125% – 0 points (3.13% APR)

7/1 ARM:       3.25% – .85 points (3.42% APR),        3.5% – 0 points (3.54% APR)

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

15 year fixed FHA:        3.25% – 0 points (3.59% APR)

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

Today's Interest Rates - July 7th 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. July 7th 2014 30 year fixed rates, July 8th 2014 30 year fixed rates, July 9th 2014 30 year fixed rates, July 10th 2014 30 year fixed rates, July 11th 2014 30 year fixed rates, July 12th 2014 30 year fixed rates, July 13rd 2014 30 year fixed rates.

MORTGAGE RATES MOVE HIGHER – JULY INTEREST RATE SPECIAL

INTEREST RATES HIT 1 MONTH LOWS / EXPECT VOLATILITY WEDNESDAY AND THURSDAY.

INTEREST RATES HIT 1 MONTH LOWS / EXPECT VOLATILITY WEDNESDAY AND THURSDAY

July 1st, 2014

Interest rates improved last week after Monday with the Mortgage Backed Security (MBS) market closing up + 38 basis points.

We are still trading in a narrow range where the market usually doesn’t go above or below it’s moving average. When the bond market does pass a certain range – that is when you can see a lot of movement in interest rates. Until then, the rate range is somewhat secure with rates staying within a .125% window.

The end of this week will likely be very volatile with a smaller amount of traders due to early vacations. On Wednesday the ADP Private Payroll will be released, and on Thursday – the most important statistic in the US economy – the Non Farm Payroll report will be released. These reports usually create a lot of market movement anyways. When you add in a small amount of traders – the market could move quickly in a very short period of time.

I would recommend locking before Thursday to be safe.

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

Below are today’s interest rates – have a wonderful week and a fantastic Independence Day!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

7/1 ARM at 3.375% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:      4.125% – .43 points (4.215% APR),       4.25% – 0 points (4.28% APR)

20 year fixed:       3.875% – .97 points (4.07% APR),       4.125% – 0 points (4.15% APR)

15 year fixed:       3.125% – 1 point (3.32% APR),       3.375% – 0 points (3.41% APR)

10 year fixed:       3% – .9 points (3.18% APR),       3.25% – 0 points (3.28% APR)

5/1 ARM:        2.75% – 1 point (2.97% APR),        3.125% – 0 points (3.129% APR)

7/1 ARM:        3.125% – .95 points (3.32% APR),          3.375% – 0 points (3.52% APR)

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

15 year fixed FHA:         3.25% – 0 points (3.59% APR)

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

Today's Interest Rates - July 1st, 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. July 1st 2014 30 year fixed rates, July 2nd 2014 30 year fixed rates, July 3rd 2014 30 year fixed rates, July 4th 2014 30 year fixed rates, July 5th 2014 30 year fixed rates, July 6th 2014 30 year fixed rates, July 7th 2014 30 year fixed rates.

INTEREST RATES HIT 1 MONTH LOWS / EXPECT VOLATILITY WEDNESDAY AND THURSDAY

 

INTEREST RATES IMPROVE BY .3 BASIS POINTS IN PRICING

INTEREST RATES IMPROVE BY .3 BASIS POINTS IN PRICING

June 24th, 2014

Last week and this week has been rather hectic with mortgage rate pricing.

Last week the Mortgage Backed Security market closed up + 41 bps marked by big movement days on Tuesday, Wednesday and Friday. This week the market closed down – 25 bps on Monday, but is trading up + 18 bps on Tuesday.

The end result from my last week’s update is that interest rate pricing has improved by about .3 pts in costs at any given rate as a result. So the rates are the same, but the costs to get each rate is lower.

Last week the Fed released their policy statement regarding inflation and lowered their stimulus another 10 billion. On Friday, the May employment report was released which came very close to forecasts with job creation going down to 218,000.

Overall we are in a pretty good place with interest rates right now. Rates are lower today than they were in June of 2013. Pricing is being supported by unrest in the world – most recently with the Iraq conflict.

For a free email mortgage quote, please email answer questions on right tab of this page or go to www.freemortgagequote.biz.

Below are today’s interest rates – have a wonderful week!!

BEST VALUE OF THE WEEK:

30 Year Fixed at 4.25% paying 0 points

20 Year Fixed at 4.125% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .75 points (4.275% APR),       4.25% – 0 points (4.29% APR)

20 year fixed:       4% – .48 points (4.09% APR),        4.125% – 0 points (4.16% APR)

15 year fixed:        3.25% – .88 points (3.44% APR),         3.5% – 0 points (3.52% APR)

10 year fixed:         3% – .99 points (3.2% APR),         3.25% – 0 points (3.28% APR)

5/1 ARM:        2.875% – .92 points (3.03% APR),         3.125% – 0 points (3.129% APR)

7/1 ARM:        3.25% – .76 points (3.4% APR),          3.5% – 0 points (3.52% APR)

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

15 year fixed FHA:        3.25% – 0 points (3.57% APR)

30 year fixed VA:        3.75% – .47 points (3.87% APR),         3.875% – 0 points (3.92% APR)

Today's Interest Rates - June 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, 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. June 23rd 2014 30 year fixed rates, June 24th 2014 30 year fixed rates, June 25th 2014 30 year fixed rates, June 26th 2014 30 year fixed rates, June 27th 2014 30 year fixed rates, June 28th 2014 30 year fixed rates, June 30th 2014 30 year fixed rates.

INTEREST RATES IMPROVE BY .3 BASIS POINTS