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 RISE – 30 YEAR FIXED TO 4.125%

RATES RISE – 30 YEAR FIXED TO 4.125%

September 8th, 2014

Last week had 2 important events for interest rates.

On Thursday – the ECB announced a less than expected plan and no specifics to deal with the European Union’s problems. Mortgage backed securities sold off – and rates rose.

On Friday – the August employment report was released and non farm job creation fell well below expectations. The market estimated 225k in job growth, but the report revealed only 143k new jobs. The problem is August is notoriously bad and hard to gauge correct job creation with the amount of seasonal employment in the month. The MBS market initially went way up, but then came back to close to even with the realization that these numbers will most likely be adjusted higher with most other economic reports showing improvement.

MBS ended the week trading down – 35 bps – pushing interest rate pricing a bit higher. 30 year fixed rates are now at 4.125% paying less than a point. Most other products didn’t change much on the rate, but the closing costs are higher for each rate.

I still believe there is not much to gain by floating a rate, and locking is the better option.

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:

7/1 ARM at 3.375% paying 0 points

30 Year Fixed FHA at 3.75% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4.125% – .15 points (4.15% APR),       4.25% – 0 points (4.29% APR)

20 year fixed:      3.875% – .63 points (3.99% APR),       4.125% – 0 points (4.14% APR)

15 year fixed:       3.25% – .75 points (3.39% APR),        3.5% – 0 points (3.53% APR)

10 year fixed:      3.0% – .97 points (3.2% APR),       3.125% – 0 points (3.13% APR)

5/1 ARM:       2.75% – .89 point (2.91% APR),       3% – 0 points (3.05% APR)

7/1 ARM:       3.125% – .54 points (3.23% APR),        3.375% – 0 points (3.4% APR)

30 year fixed FHA:       3.375% – 1 point (4.575% APR),       3.625% – 0 points (4.65% APR)

15 year fixed FHA:      3% – .98 points (3.5% APR),       3.25% – 0 points (3.55% APR)

30 year fixed VA:       3.5% – .80 points (3.66% APR),        3.75% – 0 points (3.78% APR)

Today's Interest Rates - September 8th, 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 8th 2014 30 year fixed rates, September 9th 2014 30 year fixed rates, September 11th 2014 30 year fixed rates, September 12th 2014 30 year fixed rates, September 13th 2014 30 year fixed rates, September 14th 2014 30 year fixed rates, September 15th 2014 30 year fixed rates.

RATES RISE – 30 YEAR FIXED TO 4.125%

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.

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:

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.

RATES MOVE SIDEWAYS / VOLATILITY AHEAD

RATES MOVE SIDEWAYS / VOLATILITY AHEAD

August 10th, 2014

Mortgage rates moved sideways last week even though the MBS market closed the week trading up + 22 bps. Markets hit their highs on Thursday with geopolitical concerns causing investors to seek safety in treasuries and bonds.

On Friday – after trading higher for much of the day – Mortgage Backed Securities closed sharply lower after Russia ended military drills on the Ukraine border and speculation that the conflict in this region was deescalating.

Mortgage interest rates are artificially lower than they should be due to military conflicts around the world.

A lot of people I follow see mortgage rates entering into a volatile week with the possibility that mortgage rates could move higher. They have been holding at this low level for some time when most experts predicted mortgage rates to move significantly higher in 2014. My recommendation is to lock.

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 3.5% paying 0 points

TODAY’S INTEREST RATES:

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

20 year fixed:       3.75% – .99 points (3.95% APR),        4.125% – 0 points (4.17% APR)

15 year fixed:       3.25% – .91 points (3.43% APR),        3.5% – 0 points (3.53% APR)

10 year fixed:       3.0% – .73 points (3.14% APR),       3.25% – 0 points (3.29% APR)

5/1 ARM:       2.75% – .85 points (2.92% APR),       3% – 0 points (3.05% APR)

7/1 ARM:       3.125% – .71 points (3.25% APR),         3.375% – 0 points (3.4% APR)

30 year fixed FHA:       3.5% – .51 points (4.6% APR),       3.625% – 0 points (4.65% APR)

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

30 year fixed VA:        3.5% – .88 points (3.7% APR),       3.75% – 0 points (3.8% APR)

Today's Interest Rates - August 11th, 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 11th 2014 30 year fixed rates, August 12th 2014 30 year fixed rates, August 13th 2014 30 year fixed rates, August 14th 2014 30 year fixed rates, August 15th 2014 30 year fixed rates, August 16th 2014 30 year fixed rates, August 17th 2014 30 year fixed rates.

RATES MOVE SIDEWAYS     /    VOLATILITY AHEAD

MORTGAGE RATES RECOVER AFTER JOBS REPORT

MORTGAGE RATES RECOVER AFTER JOBS REPORT

August 4th, 2014

Mortgage Rates were extremely volatile last week with a lot of movement in the Mortgage Backed Security Market.

On Wednesday – mortgage interest rate pricing shot up sharply with GDP data coming in higher than expected. The MBS market ended the day trading down – 68 bps. Friday, was the important July jobs report. If non farm payroll jobs increased more than expected – we could have seen a significant move higher in interest rates. Luckily, the data came back slightly lower than expected. Market analysts expected non farm payroll jobs to increase over 233,000. The numbers came back at 209,000. The MBS closed Friday + 42 bps, recovering much of the losses from earlier in the week.

On the week, the MBS market closed -12 bps.

In the end – interest rate pricing is very similar to where we started the week. 30 year fixed mortgage rates are starting at 4.125% and 15 year fixed mortgage rates are starting at 3.25%. Interest rates have remained in a tight range for most of 2014 – and I expect that to continue this week with some possible rate improvement. We dodged a bullet with the Friday jobs report – that could have been the event that finally pushed rates higher than their current levels.

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 4.125% with $0 costs

TODAY’S INTEREST RATES:

30 year fixed:      4.125% – .52 points (4.235% APR),        4.25% – 0 points (4.3% APR)

20 year fixed:         3.875% – .80 points (4.03% APR),        4.125% – 0 points (4.17% APR)

15 year fixed:        3.25% – .78 points (3.42% APR),         3.5% – 0 points (3.53% APR)

10 year fixed:        3.125% – .6 points (3.24% APR),        3.25% – 0 points (3.29% APR)

5/1 ARM:        2.75% – .9 points (2.93% APR),         3.125% – 0 points (3.13% APR)

7/1 ARM:        3.125% – .86 points (3.31% APR),          3.375% – 0 points (3.4% 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% – 0 points (3.82% APR)

Today's Interest Rates - August 4th, 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 4th 2014 30 year fixed rates, August 5th 2014 30 year fixed rates, August 6th 2014 30 year fixed rates, August 7th 2014 30 year fixed rates, August 8th 2014 30 year fixed rates, August 9th 2014 30 year fixed rates, August 10th 2014 30 year fixed rates.

MORTGAGE RATES RECOVER AFTER JOBS REPORT

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