Scottsdale Mortgage Broker

WEEKLY RATE – HIGHER RATES GET RELIEF ON MONDAY

WEEKLY RATE – HIGHER RATES GET RELIEF ON MONDAY

I hope everyone is having a fantastic week!!

In this weekly rate we discuss:

– The volatility in the interest rate markets

WEEKLY INTEREST RATE PRICING:

Last week, interest rates continued rising which has been the case for most of the past 2 months.

Interest rates were at their highest levels in 3 years with the Mortgage Backed Security (MBS) market trading down – 102 bps. With the stock market on a bull run, there was less and less demand for bonds which contributed to the recent rise in rates.

On Monday February 5th, the stock market finally hit a snag and had a huge sell off (which is likely to continue on Tuesday). This pushed money into bonds and the MBS market closed up + 52 bps on Monday. Finally we saw some interest rate improvement and relief from the recent rise.

It remains to be seen if the stock market drop will start a larger trend towards a market correction.

Interest rates will remain volatile as long as there are large swings in the market.

Below are today’s mortgage interest rates and links to apply for a mortgage or get a free mortgage quote.

Have a great week!!

MORTGAGE QUOTE / APPLY FOR A MORTGAGE:

For a no obligation mortgage quote, please 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. 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.  February 5th 2018 30 year fixed rates, February 6th 2018 30 year fixed rates, February 7th 2018 30 year fixed rates, February 8th 2018 30 year fixed rates, February 9th 2018 30 year fixed rates, February 10th 2018 30 year fixed rates, February 11th 2018 30 year fixed rates, February 12th 2018 30 year fixed rates.

WEEKLY RATE – HIGHER RATES GET RELIEF ON MONDAY

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TEAM GREEN Presents: Fairway Independent Mortgage – McCormick Ranch

Proud to announce that Team Green has officially opened our new mortgage branch in the McCormick Ranch and Gainey Ranch area of Scottsdale, Arizona.

Fairway Independent Mortgage Corporation – McCormick Ranch

7702 East Doubletree Ranch Road, Suite 300

Scottsdale, AZ, 85258

We currently at a temporary location, but we have an offer in and hope to have a permanent location soon.  McCormick Ranch and Gainey Ranch borrowers and realtors, we’d love the opportunity to meet and work with you.  We are the neighborhood lenders.


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