It was fun hanging out with my squad and sponsoring SAAR’s 40 under 40 Event.
Congratulations to all the winners!!
Tag: Reggie Green
May 2018 – Team Green’s Newsletter
MAY 2018
Interest rates moved up some in April after staying stable for the majority of March.
We discuss these topics and more in Team Green’s May Newsletter. Have a fantastic May!!
MY FAMILY:
We’re really trying to enjoy the weather before it gets scorching here in Arizona.
Lots of playing outside along with my son playing baseball 3 times a week.
I’m lucky that I live a mile from my office so I’ve been skateboarding to work when I don’t need my car for meetings.
Life is pretty good.
My wife got to enjoy 2 weekend girlfriend trips this month to Dallas and Austin – She’s so lucky J
While I also made a quick trip to Salt Lake City for a Manager’s meeting and the last snow board ride of the year.
We also got to enjoy a Gatbsy party for a family member’s birthday.
It was fun getting dressed up 20’s style and my wife looked smoking hot!!
MY WORK FAMILY:
We decided to throw a Country themed week at our branch in April.
The goal was to listen to Country music all day and have some fun with some songs, our dress, dances, and skits.
We accomplished our goal – check out some of our videos below.
I’ve always liked seeing funny chalk board signs in front of bars and restaurants.
I liked them so much, I decided to get one of our own and we’ve been having some fun with that too.
Lastly, we are hiring – if you know anyone looking to be a part of a great culture and team, please have them give me a call.
Have a fantastic May!!
Please call us if we can help with any home purchase or refinance needs.
We are licensed in AZ, CA, CO, WA, MI, and GA.
TEAM GREEN / 480-704-4890 / TEAMGREEN@FAIRWAYMC.COM
TODAY’S INTEREST RATES:
Mortgage rates slowly climbed higher in April after staying relatively stable during the end of February and through out March.
This broader trend is likely to continue which makes waiting to buy or finance a home very costly.
In the Phoenix market – we are seeing a combination of higher interest rates and home appreciation due to low inventory and high demand.
This is a double hit against people entering the home buying market as their payment is going up in 2 ways.
The chart below is a good indication of why we are urging buyers to not wait if they really plan on buying.
**The rates are a bit old but this does give a good illustration of the cost of waiting**
ONLINE MORTGAGE QUOTE / APPLY ONLINE:
For a no obligation mortgage quote, please call us or go to:
To apply for a refinance or home purchase loan, please call us or go to:
If you would like a MORTGAGE QUOTE by email, please answer questions below to teamgreen@fairwaymc.com:
REFINANCE QUOTE:
-What are your goals for a new loan – lower payment, cash out, payoff sooner, etc:
-Type of loan you would like – 30 year fixed, 15 year fixed, ARM, etc:
-Full Address of property (including city, state, and zip):
-Estimated Value of Home:
-Current Loan Amount (1st and 2nd separately if you have multiple mortgages):
-Do you want to escrow your taxes and insurance into your payment:
-Are you a Veteran:
-Where do you think your credit scores are today:
PURCHASE LOAN QUOTE:
-What state and county are you planning on buying in:
-Estimated Purchase Price:
-Loan Amount you would like to finance:
-What type of loan would you like – 30 year fixed, 15 year fixed, ARM, etc:
-Do you want to escrow taxes and insurance into your payment:
-Are you buying a primary residence, vacation home, or investment property:
-Are you a Veteran:
-Where do you think your credit scores are today:
Have a fabulous May and please call me any time if I can help with anything!!
WEEKLY RATE – Rates Trending Higher
WEEKLY RATE – RATES TRENDING HIGHER
I hope everyone is having a fantastic week!!
In this weekly rate, we discuss:
– This week in interest rate pricing
WEEKLY INTEREST RATE PRICING:
Rates continued to rise last week pushing interest rates to their highest levels in 9 months.
The Mortgage Backed Security Market (MBS) closed last week trading down -62 bps which is negative to interest rate pricing. The good news is we finally received some rate improvement on Tuesday, January 23rd, which is a welcome site after a steady negative trending market.
It’s tough to say if interest rates have reached their peak but we are definitely in a rising rate environment thus far in 2018.
Below are today’s interest rates and links to get a free rate quote or apply online.
Have a great week!!
MORTGAGE QUOTE / APPLY FOR A MORTGAGE:
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:
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 new home loan purchase 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. January 23rd 2017 30 year fixed rates, January 24th 2017 30 year fixed rates, January 25th 2017 30 year fixed rates, January 26th 2017 30 year fixed rates, January 27th 2017 30 year fixed rates, January 28th 2017 30 year fixed rates, January 29th 2017 30 year fixed rates, January 30th 2017 30 year fixed rates.
Weekly Rate – Rates Trending Higher
WEEKLY RATE – FED RATE HIKE LIKELY COMING IN DECEMBER
WEEKLY RATE – FED RATE HIKE LIKELY COMING IN DECEMBER
I hope everyone is having a fantastic week!!
In this weekly rate we discuss current interest rate news and an important change to the Arizona Down Payment Assistance Program. Starting off with interest rates.
WEEKLY RATE
Interest rates improved slightly in the last week of November 2017.
Rate pricing improved about 10 bps in costs at each rate with the Mortgage Backed Security (MBS) market finishing the week up + 9 bps.
For well qualified customers, they can obtain a 30 year fixed rate at 3.99% with .75 points (4.15% APR), and a 4.25% with 0 points (4.29% APR).
Rate volatility will likely increase to close out 2017.
On December 12th and 13th, the Federal Open Market Committee (FOMC) is meeting and will likely raise the Federal Funds rate. Congress will be working to get through an updated tax plan which will affect the markets.
News about holiday shopping and employment will also play a key role in interest rate pricing.
If you are still thinking about refinancing, if you start now you can still miss December and January’s mortgage payment.
Below are today’s interest rates. Have a great week!!
MORTGAGE QUOTE / APPLY FOR A MORTGAGE:
For a no obligation mortgage quote, please answer questions at bottom of email or go to:
WWW.FREEMORTGAGEQUOTE.NET
To apply for a refinance or home purchase loan, please call me or go to:
http://reggiegreenhomeloans.com/apply-now/full-application-reggie-green/
MAJOR CHASE TO ARIZONA DOWN PAYMENT ASSISTANCE PROGRAM – HOME PLUS AND HOME IN 5
Effective, January 2, 2018 on all new HOME Plus reservations the assistance provided will be in the form of a three-year, no interest, no payment, deferred soft second mortgage, forgiven monthly at a rate of 1/36 over the term of the lien.
Currently, clients are utilizing down payment assistance programs to help get into their homes with little to no money down.
Down Payment Assistance program utilize higher rates than a traditional mortgage to help offset the grant money being paid. Many lenders are soliciting these borrowers right after closing to lower their rate.
This is a smart tactic, but it makes the program unsustainable as the higher rate is helping pay for the grant.
If they are immediately being paid off, the program is losing money.
Effective on all new Home Plus reservations after January 2nd – the grant will be a silent 2nd completely forgivable after 3 years.
This will create a combined loan to value likely over 100%, preventing lenders from coming in to immediately refinance the down payment assistance loans.
HOW CAN YOU USE THIS TO YOUR ADVANTAGE:
Once the silent 2nd goes into effect, it will be difficult for borrowers using down payment assistance to refinance shortly after closing.
But, they can still utilize the grant if they act fast and get under contract in December.
Once the silent 2nd goes into effect, borrowers will likely have to remain in a higher down payment assistance rate for a lot longer because of the higher combined loan to value and rate pricing is worse when you have 2 loans.
They will also have less equity if they sell within 3 years.
—
TEAM GREEN
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 new home loan purchase 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. November 27th 2017 30 year fixed rates, November 28th 2017 30 year fixed rates, November 29th 2017 30 year fixed rates, November 30th 2017 30 year fixed rates, December 1st 2017 30 year fixed rates, December 2nd 2017 30 year fixed rates, December 3rd 2017 30 year fixed rates, December 4th 2017 30 year fixed rates.
WEEKLY RATE – FED RATE HIKE LIKELY COMING IN DECEMBER
TEXT SIGNATURES – An Effective way to brand yourself to potential clients.
TEXT SIGNATURES – An Effective way to brand yourself to potential clients.
I came up in the mortgage business as a lead caller, meaning I was calling potential clients 4+ hours a day and a lot of other lenders were doing the same. I was always looking for ways I could make myself stand out over the competition.
Text signatures are an effective way to get a face and brand out to potential clients.
With texts becoming an increasingly popular way to communicate, I found some of my best initial conversations were done by text. By reaching out to a client by text and adding my picture and branding, it allowed me to put a face and company to the person the potential client was texting with.
The process is easy. Send your text. Immediately afterwords, send your picture text signature and it reads like an email signature would.
If you want us to create one for you, just reach out to me. This is just another way to help you stand out and get your branding to potential clients.
We are one of the few lenders out there that consistently creates consumer direct business through our markeing. I closed over 45 million dollars last year strictly from my own marketing, databasing, social media, blogging, and email newsletters.
Call us if we can help you create a marketing approach that works. We truly add value to our partnerships.
REGGIE GREEN / 480-206-5577 / REGGIE.GREEN@FAIRWAYMC.COM
#weaddvalue, #teamgreen, #fairwayindependentmortgagemccormickranch.
WEEKLY RATE – TABLE IS SET FOR HIGHER RATES
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
Are You Ready For the Home Buying Moment – Team Green
Are You Ready For the Home Buying Moment – Team Green
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.
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
WEEKLY RATE – Rates Go Deeper Into 2017 Lows
WEEKLY RATE – Rates Go Deeper Into 2017 Lows
Interest rates dove deeper into their lowest levels of 2017 and the lowest levels since November 2016.
Tension between North Korea and the United States is causing some investors to push funds into the safety of the bond market, which is certainly helping interest rates at the moment. That being said, there is not much room for substantial improvement without a major event as the market is trading at the top of it’s average range.
The Mortgage Backed Security (MBS) market ended last week trading up + 6 bps, and closed Tuesday up + 40 bps.
Moving forward, September could be a volatile month for markets. The geopolitical events of international conflict and natural disasters in the US will continue to affect the market and interest rates. Congress is now back in session and one of the first items on the agenda will be increasing the debt ceiling and avoiding a government shut down. How close the government comes to being shut down will affect markets. Many central banks across the globe will be releasing policy statements this month and the FED may start cutting it’s budget.
It’s shaping up to be an eventful month for financial markets and interest rate pricing.
Have an amazing week and we’re always available if you need help with a new home loan purchase or refinance.
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% – .65 points (4.00% APR), 3.99% – 0 points (4.05% APR), 4.25% – $0 costs (4.25% APR)
20 year fixed: 3.625% – .6 points (3.74% APR), 3.875% – 0 points (3.99% APR), 4.125% – $0 costs (4.125% APR)
15 year fixed: 3.25% – .76 points (3.37% APR), 3.5% – 0 points (3.57% APR), 3.75% – $0 costs (3.75% APR)
5/1 ARM: 3.25% – .8 points (3.36% APR), 3.75% – 0 points (3.79% APR)
30 year fixed FHA: 3.75% – .99 points (4.65% APR), 4.125% – 0 points (4.82% APR), 4.5% – $0 costs (outside of FHA Fee) (5.2% APR)
15 year fixed FHA: 3.625% – .99 points (4.12% APR), 3.99% – 0 points (4.29% APR),
30 year fixed VA: 3.75% – .9 points (3.95% APR), 3.99% – 0 points (4.06% APR), 4.5% – $0 costs (4.5% APR)
30 year Fixed Jumbo: 3.75% – .86 points (3.92% APR), 4.0% – 0 points (4.05% APR),
7/1 ARM Jumbo: 3.125% – .71 points (3.24% APR), 3.375% – 0 points (3.4% 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 5th 2017 30 year fixed rates, September 6th 2017 30 year fixed rates, September 7th 2017 30 year fixed rates, September 8th 2017 30 year fixed rates, September 9th 2017 30 year fixed rates, September 10th 2017 30 year fixed rates, September 11th 2017 30 year fixed rates, September 12th 2017 30 year fixed rates.
WEEKLY RATE – Rates Go Deeper Into 2017 Lows
WEEKLY RATE – Interest Rates Remain at 2017 Lows
WEEKLY RATE – Interest Rates Remain at 2017 Lows
Interest rates remain at 2017 lows and at their lowest levels since November of 2016.
The 2 speeches from major financial leaders Janet Yellen and Mario Draghi didn’t touch on any significant change in monetary policy for the FED or the European Central Bank.
Last week, the Mortgage Backed Security (MBS) market closed the week up + 13 bps and also closed Monday up + 6 bps. This is pushing 30 year fixed conventional rates to 3.875% with less than a point. Another great value is a 20 year fixed conventional loan if you are interested in lowering your term some. I can now offer a 3.625% with less than a point, and 3.875% with 0 points.
The United States Non Farm payroll report is released the first Friday of every month. August 2017’s edition will be released on Friday and this report typically affect mortgage interest rates more than any other data for the month.
Have an amazing week and we’re always available if you need help with a new home loan purchase or refinance.
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% – .92 points (4.06% APR), 4.125% – 0 points (4.16% APR), 4.25% – $0 costs (4.25% APR)
20 year fixed: 3.625% – .97 points (3.82% APR), 3.875% – 0 points (3.99% APR), 4.125% – $0 costs (4.125% APR)
15 year fixed: 3.25% – .75 points (3.4% APR), 3.5% – 0 points (3.57% APR), 3.75% – $0 costs (3.75% APR)
5/1 ARM: 3.25% – .96 points (3.44% APR), 3.75% – 0 points (3.79% APR)
30 year fixed FHA: 3.875% – .82 points (4.67% APR), 4.125% – 0 points (4.82% APR), 4.625% – $0 costs (outside of FHA Fee) (5.32% APR)
15 year fixed FHA: 3.625% – .99 points (4.12% APR), 4.125% – 0 points (4.42% APR),
30 year fixed VA: 3.75% – .95 points (3.97% APR), 4.125% – 0 points (4.17% APR), 4.5% – $0 costs (4.5% APR)
30 year Fixed Jumbo: 3.75% – .95 points (3.94% APR), 4.0% – 0 points (4.05% APR),
7/1 ARM Jumbo: 3.125% – .92 points (3.30% APR), 3.375% – 0 points (3.4% 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. August 28th 2017 30 year fixed rates, August 29th 2017 30 year fixed rates, August 30th 2017 30 year fixed rates, August 31st 2017 30 year fixed rates, September 1st 2017 30 year fixed rates, September 2nd 2017 30 year fixed rates, September 3rd 2017 30 year fixed rates, September 4th 2017 30 year fixed rates.
WEEKLY RATE – Interest Rates Remain at 2017 Lows