Fairway Mortgage

WEEKLY RATE – RATES MAKE MOVE HIGHER

WEEKLY RATE – Rates Make Move Higher

After hitting the lowest levels of the year on Tuesday, September 5th, mortgage interest rates have steadily risen.

The Mortgage Backed Security (MBS) market closed the past 5 days down – 20 bps. Not a drastic movement higher, but enough to move interest rates off their recent lows.

With UN Sanctions on North Korea, investors are moving their safety investment in bonds to securities. Also, Hurricane Irma’s damage was thought to be a 100 billion dollar hit against insurance companies. Those estimates have been revised to 20 – 40 billion, pushing insurance company stocks higher.

The stock market moving up is bad for interest rates and has been responsible for the recent rise in rates. Whenever you see a low in interest rate pricing, it’s smart to take advantage of it. Rate pricing is typically only down for a day or two and most consumers miss it.

Have an amazing week and we’re always available if you need help with a new home loan purchase or refinance.

teamgreen@fairwaymc.com

Jenn Patel / Senior Loan Officer: 480-818-3769

Reggie Green / Branch Manager: 480-206-5577


 

 

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

 

 

 

 

 

To apply for a refinance or home purchase loan, please call me or go to:


 

 

 

 

 

 

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:       3.875% – .96 points (4.07% APR),       4.125% – 0 points (4.17% APR),   4.375% – $0 costs (4.375% APR)

20 year fixed:       3.75% – .67 points (3.89% APR),     3.875% – 0 points (3.95% APR), 4.25% – $0 costs (4.25% APR)

15 year fixed:        3.25% –  .82 points (3.41% APR),        3.5% – 0 points (3.58% APR),     3.875% – $0 costs (3.875% APR)

5/1 ARM:        3.25% – .96 points (3.44% APR),     3.75% – 0 points (3.79% APR)    

30 year fixed FHA:        3.875% – .87 points (4.74% APR),     4.125% – 0 points (4.82% APR),     4.5% – $0 costs (outside of FHA Fee) (5.2% APR)

15 year fixed FHA:        3.75% – .99 points (4.25% APR),     3.99% – 0 points (4.29% APR),    

30 year fixed VA:        3.75% – .99 points (3.95% APR),     4.0% – 0 points (4.06% APR),     4.5% – $0 costs (4.5% APR)

30 year Fixed Jumbo:     3.75% – .99 points (3.95% APR),     4.0% – 0 points (4.05% APR),        

7/1 ARM Jumbo:        3.125% – .9 points (3.31% APR),     3.5% – 0 points (3.55% APR)

Reggie Green, Team Green, and Fairway Independent Mortgage in Scottsdale, Arizona, McCormick Ranch, are 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.  September 12th  2017 30 year fixed rates, September 13th 2017 30 year fixed rates, September 14th 2017 30 year fixed rates, September 15th 2017 30 year fixed rates, September 16th 2017 30 year fixed rates, September 17th 2017 30 year fixed rates, September 18th 2017 30 year fixed rates, September 19th 2017 30 year fixed rates.

WEEKLY RATE – RATES MAKE MOVE HIGHER

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John McNulty Testimonial – Team Green

Honored to get this awesome review from John McNulty.  Thanks so much for the opportunity to work for you, your wife Jennifer, and your Mother in Law Margaret. 

I hope Margaret gets better soon and can move into your new home.

-Reg

JOHN MCNULTY TESTIMONIAL

Thinking of using Reggie Green? Let me tell you my story of how he helped
me.
In 2017 I was in the process of building a home with an “in law suite” so my
mother in law (who was battling cancer at the time and couldn’t live on her
own anymore). I needed to use the builder’s lender to take advantage of the
the $17,000.00 in incentives which they offered. During the time the home was
being built the lender consistently told me that I was totally qualified and had
nothing to worry about.
I sold my house, moved into a hotel with my family and planned to be there for
1 weekend. 4 days before I was to close the lender left me a “voicemail”
stating “sorry but we are not able to do the loan” and did not even provide an
any alternative solution. I now found my family and I homeless and hotel
hopping.
I have worked with Reggie in the past and immediately called him and asked if
he could help me.
Long story short, Reggie was able to qualify us, closed the loan and get us into
our new home within 10 days.
Being a realtor myself and working with Reggie in the past, I’ve seen him close
loans no one else could.
If your looking a professional, honest lender who will help you with all your
needs and answer all of your questions then Reggie Green at Fairways
Mortgage is the only lender to turn to.
Thanks for all of your help Reggie!

Sincerely,
John McNulty

Reggie Green – 2016’s #201 Ranked Mortgage Banker in the US By National Mortgage News

Reggie Green – 2016’s #201 Ranked Mortgage Banker in the US by National Mortgage News

I’m honored to be named 2016’s #201 Mortgage Banker in the Country by National Mortgage News.

In order to close a high volume of real estate transactions, you rely on so many people to help you. Team members, clients past and present, referral partners, mentors, family, friends, etc.  It’s a group effort and I really appreciate all of the people that helped me have a great 2016.  Thank you!!

Reggie Green – 2016’s #201 Ranked Mortgage Banker in the US By National Mortgage News

 

WEEKLY RATE – INTEREST RATES REMAIN AT 2017 LOWS

WEEKLY RATE – Interest Rates Remain at 2017 Lows

Interest Rates remain at 2017 lowest levels.

We are now seeing rates below 4% paying less than a point!!

The market’s improvement is largely due to worry over Korea and Syria. Military / Political unrest typically involves investors moving funds to the safety of the bond market which helps interest rates.

The Mortgage Backed Security (MBS) market closed last week up + 65 bps. Now is still a great time to take advantage of the lowest mortgage rate interest levels in over 3.5 months.

For a no obligation mortgage quote, please answer questions on right or go to:

WWW.FREEMORTGAGEQUOTE.BIZ

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

TODAY’S INTEREST RATES:

30 year fixed:       3.99% – .83 points (4.16% APR),       4.25% – 0 points (4.28% APR),   4.375% – $0 costs (4.375% APR)

20 year fixed:       3.75% – .86 points (3.91% APR),     3.99% – 0 points (4.04% APR), 4.125% – $0 costs (4.125% APR)

15 year fixed:        3.25% –  .91 points (3.44% APR),        3.5% – 0 points (3.55% APR),     3.875% – $0 costs (3.875% APR)

7/1 ARM:        3.5% – .84 points (3.66% APR),     3.75% – 0 points (3.77% APR),     4.125% – $0 costs (4.125% APR)

30 year fixed FHA:        3.75% – .99 points (4.65% APR),     4.0% – 0 points (4.7% APR),     4.25% – $0 costs (outside of FHA Fee) (4.95% APR)

15 year fixed FHA:        3.5% – .92 points (3.98% APR),     3.875% – 0 points (4.17% APR),   4.25% – $0 costs (outside of FHA Fee) (4.55% APR)

30 year fixed VA:        3.75% – .81 points (3.91% APR),     4.0% – 0 points (4.05% APR),     4.25% – $0 costs (4.25% APR)

30 year Fixed Jumbo:     4.0% – .56 points (4.11% APR),     4.125% – 0 points (4.17% APR)       

7/1 ARM Jumbo:        3.25% – .83 points (3.42% APR),     3.5% – 0 points (3.55% APR)


 

-Reginald Patrick Green Jr.  -Branch Manager. NMLS #229993.  AZ License:  BK-0913980.  -AZ NMLS LIC#: DOC229993, CO NMLS LIC# 1000323838,  CA NMLS LIC# DOC229993.  -Fairway Independent Mortgage Corporation. 2325 East Camelback Road, Suite 100, Phoenix, AZ, 85016.  480-206-5577, reggie.green@fairwaymc.com.  Corporate Address: Fairway Independent Mortgage Corporation.  2425 New Pinery Rd Ste 102, Portage, WI 53901.  #2293.  Equal Housing Lender.  -National Mortgage Licensing (NMLS) Link. http://nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/2289.  -Customer Info or complaints: Complaints may be directed to 877-699-0353, customerservice@fairwaymc.com.-LegalDisclosure: https://www.fairwayindependentmc.com/~/media/files/pdf/legal-disclosures.pdf?la=en. -Privacy Policy: https://www.fairwayindependentmc.com/~/media/files/pdf/privacy-policy.pdf?la=en.-Terms of Use: https://www.fairwayindependentmc.com/~/media/files/pdf/terms-of-use.pdf?la=en. -Copywright 2017 Fairway Independent Mortgage Corporation.

WEEKLY RATE – INTEREST RATES REMAIN AT 2017 LOWS

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