By Reggie Green, Green Home Loans. 480-206-5577 , reggie@mygreenhomeloans.com
WEEKLY RATE – TABLE IS SET FOR HIGHER RATES
Interest rate pricing had a bad week.
The Mortgage Backed Security (MBS) market closed down heavily 3 of the 5 days, finishing the week closing down – 54 bps.
More importantly, the table is set for potential rapid rate increases.
The Senate passed the budget, opening the door for a Trump tax reform coming. Lower taxes are looked upon favorably by stocks, but the bond and rate markets typically move in a opposite direction. If tax reform causes stocks to continue their rapid incline, rates will be hurt with less interest in bonds.
There is also speculation that Janet Yellen (generally having been favorable for low interest rate pricing) may not be the next FED Chair.
The table is set and the potential is there for rapid rate increases in the future. Lock your rates. Don’t wait on the sidelines hoping rates will drop again.
Below are today’s interest rates. Have a great week!!
TODAY’S INTEREST RATES:
30 year fixed: 3.99% – .99 points (4.2% APR), 4.25% – 0 points (4.29% APR)
20 year fixed: 3.875% – .7 points (4.01% APR), 4.125% – 0 points (4.17% APR)
15 year fixed: 3.5% – .86 points (3.67% APR), 3.75% – 0 points (3.79% APR)
5/1 ARM: 3.375% – .99 points (3.57% APR), 3.875% – 0 points (3.92% APR)
30 year fixed FHA: 3.99% – .99 points (4.9% APR), 4.375% – 0 points (5.07% APR)
15 year fixed FHA: 3.875% – .99 points (4.37% APR), 4.125% – 0 points (4.42% APR),
30 year fixed VA: 3.99% – .8 points (4.15% APR), 4.375% – 0 points (4.41% APR)
30 year Fixed Jumbo: 4.0% – .85 points (4.17% APR), 4.25% – 0 points (4.29% APR)
7/1 ARM Jumbo: 3.375% – .86 points (3.55% APR), 3.625% – 0 points (3.67% APR)
MORTGAGE QUOTE / APPLY FOR HOME LOAN:
For a no obligation mortgage quote, please answer questions on right 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 purchase loan 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. October 23rd, 2017 30 year fixed rates, October 24th 2017 30 year fixed rates, October 25th 2017 30 year fixed rates, October 26th 2017 30 year fixed rates, October 27th 2017 30 year fixed rates, October 28th 2017 30 year fixed rates, October 29th 2017 30 year fixed rates, October 30th 2017 30 year fixed rates.
WEEKLY RATE – TABLE IS SET FOR HIGHER RATES
WEEKLY RATE – Interest Rates Rise in Anticipation of FED raising rates on Wednesday
After hitting 7 month lows the previous week, mortgage interest rate pricing has slowing increased in anticipation of the Federal Reserve Board raising the Federal Funds rate .25% on Wednesday, June 14th.
The economy has slowly been improving with incremental job growth and another drop in the unemployment rate. Inflation has also stabilized.
The Mortgage Backed Security Market (MBS) closed last week trading down – 20 bps and has started this week trading down -17 bps. Pushing interest rates off their lows but still very good with the ability for a well qualified borrower to get a 30 year fixed rate in the 3%’s with less than a point.
Here at Fairway, we have a lot of unconventional products that may fit your needs if you don’t qualify in the agency box.
Some of the popular unconventional products we offer are:
-Early Access programs that allow you to lend with lower seasoning periods after a Bankruptcy, Foreclose, or Short Sale than Conventional, FHA, and VA.
-High Debt to income ratio non conventional products
-Non Warrantable condo loans
-Down payment assistance products – buy a new home without a down payment
As always, have an amazing week and I’m always available if you need help with a new home loan purchase or refinance.
For a no obligation mortgage quote, please answer questions on the right or click below:
To apply for a refinance or home purchase loan, please call me or click below:
https://0414113733.mortgage-application.net/WebApp/Start.aspx
I am a top 1% mortgage originator in the country with 13 years of experience.
My team treats every transaction as an audition to earn your business for the rest of your life.
Our customers always come first and we will do everything in our power to make sure you have a great product and a great mortgage experience.
Below are today’s interest rates. Have a great week!!
TODAY’S INTEREST RATES:
30 year fixed: 3.99% – .66 points (4.122% APR), 4.125% – 0 points (4.18% APR), 4.375% – $0 costs (4.375% APR)
20 year fixed: 3.75% – .79 points (3.91% APR), 3.99% – 0 points (4.04% APR), 4.25% – $0 costs (4.25% APR)
15 year fixed: 3.25% – .9 points (3.45% APR), 3.5% – 0 points (3.56% APR), 3.875% – $0 costs (3.875% APR)
5/1 ARM: 3.375% – .97 points (3.56% APR), 3.875% – 0 points (3.91% APR)
30 year fixed FHA: 3.75% – 1 point (4.625% APR), 4.0% – 0 points (4.7% APR), 4.375% – $0 costs (outside of FHA Fee) (5.07% APR)
15 year fixed FHA: 3.5% – .98 points (4.0% APR), 3.875% – 0 points (4.17% APR), 4.125% – $0 costs (outside of FHA Fee) (4.42% APR)
30 year fixed VA: 3.75% – .95 points (3.95% APR), 4.0% – 0 points (4.07% APR), 4.25% – $0 costs (4.25% APR)
30 year Fixed Jumbo: 3.875% – .99 points (4.07% APR), 4.125% – 0 points (4.17% APR),
7/1 ARM Jumbo: 3.0% – .94 points (3.19% APR), 3.375% – 0 points (3.41% APR)
WEEKLY RATE – Interest Rates Rise in Anticipation of FED Raising Rates on Wednesday
Rates Move Up Slightly from Prior Weeks 5 Month Lows
October 2015
As is normal with interest rates, once rate pricing moves one way for an extended period of time, we will see a correction back. Rates hit 5 month lows on Friday October 2nd, but since then have steadily moved a little higher almost every day. The Mortgage Backed Security market closed 4 of the 5 days last week down, closing the week trading down – 34 bps.
Interest rate pricing is still very good, but is about .5 pts higher in pricing at the same rate then the prior week.
Not a ton of new data out this week so I expect interest rates to remain relatively stable barring an unforeseen event.
TRID mortgage regulations are now in place. Gone are the GFE and the HUD and now we have the Loan Estimate and Closing Disclosure. The new documents are meant to make it easier for a borrower to understand their loan. Borrowers now also have a 3 day period to review loan documents before they are legally allowed to sign.
For a free email mortgage quote, please answer questions on the right or go to:
Below are today’s interest rates. Have a great week!!
TODAY’S INTEREST RATES:
30 year fixed: 3.75% – 1 point (3.95% APR), 3.99% – 0 points (4.02% APR)
20 year fixed: 3.625% – .53 points (3.73% APR), 3.75% – 0 points (3.78% APR)
15 year fixed: 2.99% – .8 point (3.16% APR), 3.25% – 0 points (3.28% APR)
10 year fixed: 2.75% – .76 points (2.9% APR), 3.0% – 0 points (3.02% APR)
5/1 ARM: 3.0% – .94 points (3.19% APR), 3.5% – 0 points (3.52% APR)
7/1 ARM: 3.25% – .88 points (3.41% APR), 3.625% – 0 points (3.67% APR)
30 year fixed FHA: 3.625% – .62 points (4.49% APR), 3.75% – 0 points (4.45% APR)
15 year fixed FHA: 3.0% – .78 points (3.46% APR), 3.25% – 0 points (3.55% APR)
30 year fixed VA: 3.625% – .8 points (3.78% APR), 3.75% – 0 points (3.78% APR)
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 12th 2015 30 year fixed rates, October 13th 2015 30 year fixed rates, October 14th 2015 30 year fixed rates, October 15th 2015 30 year fixed rates, October 16th 2015 30 year fixed rates, October 17th 2015 30 year fixed rates, October 18th 2015 30 year fixed rates.
Rates Move Up Slightly from Prior Weeks 5 Month Lows
INTEREST RATES IMPROVE – UNCERTAINTY LOOMS WITH HURRICANE SANDY, THE ELECTION AND THE FISCAL CLIFF:
October 31st, 2012
Happy Halloween!!
Interest rates improved slightly last week with the MBS market closing up (+ 9 bps). Mortgage rate pricing was higher for most of the week – but a rally on Friday ended the week with the MBS market in positive territory.
Markets have been closed the majority of this week due to Hurricane Sandy. So far this week, the MBS market is trading up (+16 bps).
MORTGAGE RATE OUTLOOK:
Above is a mortgage rate graph taken from bankrate.com which surveys the average mortgage rates funded every week. Current rates are quite a bit lower than they were in August – but not as low as the end of September / early October.
Most experts agree that the lowest mortgage rates are past us. I expect rates to stay in their current range through the end of the year – with some swings up and down in the process.
Even though I don’t expect rates to change much through 2012, there are a lot of events coming up that could cause movement.
CONFLICTING ECONOMIC DATA:
Rates typically go up when the economy improves. Right now we are seeing a lot of conflicting economic data.
We have stronger retail sales reports, increasing construction and more applications for building permits. But we are also seeing many large corporations reporting lower than expected earnings numbers.
Hurricane Sandy will also likely slow economic growth in many parts of the country, which could cause investors to pull money from the stock market and into the bond market.
THE ELECTION:
Many consumers think that the Presidential election has a huge effect on the mortgage rate market. I don’t really think it does nor will this time.
Regardless of who wins – the US economy doesn’t change overnight. The bigger impact will be when Barrack Obama or Mitt Romney enact new economic policies that affect business profitability and growth.
THE FISCAL CLIFF:
I think this issue is probably the one event that can change interest rates the most.
The US Treasury is set to hit their debt ceiling near the end of 2012 – and a deal needs to be completed for the US Treasury to be able to borrow money to meet their obligations.
If a deal is not completed – the government may have to stop providing Medicare benefits, Social Security benefits, military salaries, tax refunds, etc.
I think this is too much of a political issue for some type of deal to not get done, but the details of the deal and how it affects future government borrowing could have a big effect on the economic market.
LOCK RECOMMENDATION:
I still recommend locking mortgage pricing. There is more risk in rates going up than the benefit of them going down.
Rates are still very close to all time lows and experts don’t think that rates will hit that level again. So there is not much room for rates to go down, and much more room for them to go up.
If a rate is beneficial, lock it.
MY BEST VALUE OF THE WEEK:
30 Year Fixed at 3.625% with $0 costs
30 Year Fixed High Balance Loan at 3.625% with $0 costs
TODAY’S RATES:
30 year fixed: 3.25% paying .99 points, 3.5% paying 0 points, 3.625% – $0 costs
20 year fixed: 3.25% paying .66 points, 3.375% paying 0 points, 3.625% – $0 costs
15 year fixed: 2.625% paying .82 points, 2.875% paying 0 points, 3.125% – $0 costs
5/1 ARM: 2.25% paying .9 points, 2.625% paying 0 points
7/1 ARM: 2.5% paying .54 points, 2.75% paying 0 points, 3.25%- $0 costs
30 year fixed High Balance Loan: 3.5% paying .16 points; 3.625% – $0 costs
30 year fixed FHA: 3.25% – $0 costs
15 year fixed FHA: 2.75% – $0 costs
30 year fixed VA: 3.25% – $0 costs
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. 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 mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinances, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages.
INTEREST RATES IMPROVE – UNCERTAINTY LOOMS WITH HURRICANE SANDY, THE ELECTION AND THE FISCAL CLIFF:
INTEREST RATES RISE – WHERE WILL MORTGAGE RATES GO FROM HERE?
October 22nd, 2012
Last week was a pretty tough week for interest rates. Mortgage pricing went up Monday through Thursday, but a rally on Friday pulled interest rates back down a bit.
The Mortgage Backed Security market closed last week trading (-64 bps). On Monday, the market is currently trading down (– 8 bps).
WHERE WILL MORTGAGE RATES GO FROM HERE?
Most agree that rates will not rise substantially with the weakening MBS market. Even though rates have trended up for the majority of two weeks, rates are still very low.
Mortgage rates will likely stay in the range they are now. I don’t think rates will go lower than the rate pricing we saw a couple of weeks ago, but I also don’t see them going substantially up from where they are now.
Confidence in the economy is growing which will typically cause a rise in rates. But the FED introducing QE3 will help them remain low for the rest of 2012.
THIS WEEK:
This week starts with the Presidential Debate on Monday. The Treasury will begin a 99 billion note auction on Tuesday. The Federal Open Market Committee is meeting on Tuesday with a press release on Wednesday. September results from new homes sales are released on Wednesday.
Barring any unforeseen events – I am hoping that rates will improve a little bit this week, but I don’t see anything too drastic happening one way or the other.
My lock recommendation is to lock on any rate improvement this week.
My Best Value of the week:
15 Year Fixed at 2.99% paying $0 costs
Below are rates available today paying a point or less:
30 year fixed: 3.375% paying .70 points, 3.5% paying 0 points, 3.625% – $0 costs
20 year fixed: 3.25% paying .88 points, 3.5% paying 0 points, 3.625% – $0 costs
15 year fixed: 2.625% paying .82 points, 2.875% paying 0 points, 2.99% – $0 costs
5/1 ARM: 2.25% paying .85 points, 2.625% paying 0 points
7/1 ARM: 2.5% paying .59 points, 2.75% paying 0 points
30 year fixed High Balance Loan: 3.5% paying .43 points; 3.625% paying 0 points, 3.75% – $0 costs
30 year fixed FHA: 3.25% – $0 costs
15 year fixed FHA: 2.75% – $0 costs
30 year fixed VA: 3.25% – $0 costs
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. 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 mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinances, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages.
INTEREST RATES RISE – WHERE WILL MORTGAGE RATES GO FROM HERE?
MORTGAGE RATES INCH HIGHER – 30 YEAR FIXED TO 3.375%
October 8th, 2012
Last week the mortgage backed security market told 2 stories.
The MBS market closed (+ 50 bps) from Monday to Tuesday. This continued the trend of rates dropping since the FED announced QE3. But every positive interest rate streak will eventually end and pull back the other way.
From Wednesday to Friday, the MBS market closed down (– 84 bps), finishing the week (– 34 bps).
The week was capped off with the September unemployment rate dropping from 8.1% to 7.8% with 114,000 new jobs created. There was a lot of controversy regarding the validity of the report – but either way the MBS market had a mini sell off and closed the week down.
Mortgage rates are still very low, but a bit higher than their previous lows. The bond market is closed Monday due to Columbus Day.
I don’t expect a ton of rate movement next week, but I do think rates may improve a bit, taking back some of the losses of last week.
Keep in mind most news websites/channels report when rates drop but not so much when they rise. Rates are always fluctuating until a loan is locked.
My best value of the week:
30 Year Fixed at 3.5% paying 0 points
Below are rates available today paying a point or less:
30 year fixed: 3.375% paying .69 points, 3.5% paying 0 points
20 year fixed: 3.25% paying .79 points, 3.5% paying 0 points
15 year fixed: 2.75% paying .81 points, 3% paying 0 points
5/1 ARM: 2.25% paying .98 points, 2.75% paying 0 points
7/1 ARM :2.5% paying .77 points, 2.75% paying 0 points
30 year fixed High Balance Loan: 3.5% paying .49 points; 3.625% paying 0 points
30 year fixed FHA: 3.25% paying 0 points
15 year fixed FHA: 2.75% paying 0 points
30 year fixed VA: 3.25% paying 0 points
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. 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 mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinances, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages.
Mortgage Rates Inch Higher – 30 Year Fixed to 3.375%
OCTOBER 2012 – RATES RISE SLIGHTLY, STILL NEAR RECORD LOWS
October 1st, 2012
Happy October!!
The MBS market closed last week trading up (+ 37 bps), and is currently trading (+ 25 bps) on Monday morning.
While mortgage rates should have improved last week- they actually increased slightly. This is a result of most lenders enacting the Fannie Mae/Freddie Mac guaranteed fee increase for loans delivered to Fannie Mae/Freddie Mac December 1st, 2012 and later.
This week will likely be volatile in the rate markets with Europe still working on plans to save the Euro. On Friday, the unemployment report comes out. This will usually push rates one way or the other. The expectation is that jobs will increase but the unemployment report will stay the same due to potential workers dropping out of the job market.
Now is still a great time to lock in at record low rates.
My best values of the week:
30 Year Fixed at 3.5% paying 0 points
30 Year Fixed High Balance Loan at 3.5% with 0 points
Below are rates available today paying a point or less:
30 year fixed: 3.25% paying .773 point, 3.5% paying 0 points
20 year fixed: 3.25% paying .149 points, 3.375% paying 0 points
15 year fixed: 2.625% paying .74 points, 2.875% paying 0 points
5/1 ARM: 2.125% paying .99 points, 2.5% paying 0 points
7/1 ARM: 2.25% paying .99 points, 2.625% paying 0 points
30 year fixed High Balance Loan: 3.5% paying 0 points
30 year fixed FHA: 3.25% paying 0 points
15 year fixed FHA: 2.75% paying 0 points
30 year fixed VA: 3.25% paying 0 points
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. 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 mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinances, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages.
OCTOBER 2012 – RATES RISE SLIGHTLY, STILL NEAR RECORD LOWS
MORTGAGE RATES SURPASS ALL TIME LOWS WITH THE FED’S 40 BILLION BOND PURCHASE ANNOUNCEMENT:
September 17th, 2012
The MBS market closed last week trading up (+ 28 bps).
The big news happened on Thursday when the FED announced they would purchase 40 Billion in Mortgage Backed Securities per month until the economy improves. This sent the MBS market way up, and mortgage pricing to all time low levels. The MBS market ended up closing + 134 bps on Thursday alone. On Friday and Monday, the Mbs market gave some gains back, closing – 62 bps on Friday, and – 3 bps on Monday.
The elephant in the room is still the Fannie Mae and Freddie Mac guaranteed fee increase. These will be hitting all rate sheets very soon. As a direct lender, my bank has 8 big banks that provide us credit lines in which to fund loans. All but 2 have increased pricing due to the Fannie Mae pricing announcement. The others could happen at any time. That is why I am recommending locking loans as soon as possible to take advantage of where current pricing is before the pricing goes up on all rate sheets.
The risk of waiting is not worth the reward at this point as the market will have to improve by .5 to .625% in costs just to take back the losses as a result of the Guaranteed Fee increase when it goes into effect.
Below are rates available today paying a point or less:
30 year fixed: 3.375% paying .43 point, 3.5% paying 0 points
20 year fixed: 3.25% paying .59 points, 3.375% paying 0 points
15 year fixed: 2.75% paying .65 points, 2.875% paying 0 points
5/1 ARM: 2.25% paying .43 points, 2.5% paying 0 points
7/1 ARM: 2.25% paying .87 points, 2.625% paying 0 points
30 year fixed High Balance Loan: 3.5% paying .36 points, 3.625% paying 0 points
30 year fixed FHA: 3.25% paying 0 points
15 year fixed FHA: 2.75% paying 0 points
30 year fixed VA: 3.25% paying 0 points
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. 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 mortgages, Conforming mortgages, Conventional Mortgages, 100% Financing Mortgage, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, No appraisal refinances, 0 point mortgages, 0 closing cost mortgages, paying a point mortgages, Refinance mortgages, purchase mortgages, and Jumbo Mortgages.
MORTGAGE RATES SURPASS ALL TIME LOWS WITH THE FED’S 40 BILLION BOND PURCHASE ANNOUNCEMENT
