Today’s Current Interest Rates

Rates Move Up Slightly from Prior Weeks 5 Month Lows

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:

WWW.FREEMORTGAGEQUOTE.BIZ

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 Interest Rates - October 13th, 2015
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

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30 YEAR FIXED TO 4%

30 YEAR FIXED TO 4%

August 26th, 2014

Last week saw interest rates move up at the beginning of the week and improve near the end of the week. The Mortgage Backed Security (MBS) market ended last week trading down – 31 bps. At the close of trading on Tuesday of this week – the MBS market is trading up + 9 bps.

Even though the MBS market is down over the past week and a half – my interest rate pricing is right in line with the best rates I’ve been able to offer this year.

My 30 year fixed conforming product is now available at 4% with less than a point, and 4.125% with 0 points.

We continue to see securities trading in very narrow ranges and interest rates refusing to dip below a certain level. That has been the case for most of 2014. We likely won’t see rates fall dramatically without a major market moving event.

There is increased speculation that the European Central Bank could start their own asset purchasing/quantitative easing program which would definitely be a major market event. This would make Wall Street very happy with more money being pumped into the World’s financial markets.

At the current time though, I see interest rates staying right around their current level without a ton of movement up or down.

For a free email mortgage quote, please answer questions on the right or go to http://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

5/1 ARM at 3% paying 0 points

TODAY’S INTEREST RATES:

30 year fixed:       4% – .8 points (4.16% APR),        4.125% – 0 points (4.17% APR)

20 year fixed:       3.75% – .76 points (3.9% APR),       3.875% – 0 points (3.92% APR)

15 year fixed:        3.125% – .91 points (3.32% APR),        3.375% – 0 points (3.4% APR)

10 year fixed:        3.0% – .86 points (3.16% APR),        3.25% – 0 points (3.28% APR)

5/1 ARM:        2.75% – 1 point (2.95% APR),        3% – 0 points (3.05% APR)

7/1 ARM:       3.125% – .78 points (3.27% APR),         3.375% – 0 points (3.4% APR)

30 year fixed FHA:       3.375% – .72 points (4.515% APR),        3.625% – 0 points (4.65% APR)

15 year fixed FHA:       3% – .93 points (3.5% APR),         3.25% – 0 points (3.55% APR)

30 year fixed VA:       3.5% – .52 points (3.62% APR),          3.625% – 0 points (3.69% APR)

Today's Interest Rates - August 26th, 2013

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. August 26th 2014 30 year fixed rates, August 27th 2014 30 year fixed rates, August 28th 2014 30 year fixed rates, August 29th 2014 30 year fixed rates, August 30th 2014 30 year fixed rates, August 31st 2014 30 year fixed rates, September 1st 2014 30 year fixed rates.

30 Year Fixed to 4%

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