Washington mortgage

WEEKLY RATE – Rates Reverse Course

WEEKLY RATE – RATES REVERSE COURSE

Interest rates hit their highest levels in 4 months last week. Starting on Friday, we finally saw some strength in the bond markets which have helped rates reverse course.

The Mortgage Backed Security (MBS) market closed the past 3 days up + 33 bps after finishing higher the past few weeks.

Currently 30 Year Fixed rates are still in the 3%’s paying a portion of a point.

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% – .99 points (4.08% APR),       4.125% – 0 points (4.18% APR)

20 year fixed:       3.75% – .67 points (3.88% APR),     3.99% – 0 points (4.03% APR)

15 year fixed:        3.25% –  .99 points (3.44% APR),        3.625% – 0 points (3.65% APR)

5/1 ARM:        3.375% – .88 points (3.53% APR),     3.875% – 0 points (3.92% APR)    

30 year fixed FHA:        3.875% – .87 points (4.74% APR),     4.125% – 0 points (4.82% APR)

15 year fixed FHA:        3.75% – .99 points (4.25% APR),     4.125% – 0 points (4.42% APR),    

30 year fixed VA:        3.75% – .99 points (3.95% APR),     4.125% – 0 points (4.17% APR)

30 year Fixed Jumbo:     3.875% – .88 points (4.05% APR),     4.125% – 0 points (4.17% APR)

7/1 ARM Jumbo:        3.25% – .91 points (3.44% APR),     3.625% – 0 points (3.66% 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 26th  2017 30 year fixed rates, September 27th 2017 30 year fixed rates, September 28th 2017 30 year fixed rates, September 29th 2017 30 year fixed rates, September 30th 2017 30 year fixed rates, October 1st 2017 30 year fixed rates, October 2nd 2017 30 year fixed rates, October 3rd 2017 30 year fixed rates.

WEEKLY RATE – Rates Reverse Course

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WEEKLY RATE – Rates Continue in Holding Pattern

WEEKLY RATE – Rates Continue in Holding Pattern

May 2016

Interest rates continued to be “Steady Eddie” last week.

The Mortgage Backed Security (MBS) market closed the week trading up + 16 bps. This is the second week in a row where the MBS market hasn’t had much movement – keeping rates in the same narrow range.

Oil prices moving higher have put some pressure on interest rates to rise but the 25 day MBS average has provided a safety net and continues to help the MBS from a large movement down.

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:       3.5% – .85 points (3.67% APR),       3.75% – 0 points (3.78% APR)

20 year fixed:       3.375% – .56 points (3.47% APR),        3.5% – 0 points (3.55% APR)

15 year fixed:       2.75% – .77 points (2.91% APR),        2.99% – 0 points (3.02% APR)

10 year fixed:        2.625% – .74 points (2.77% APR),        2.875% – 0 points (2.9% APR)

5/1 ARM:       2.875% – .78 points (3.03% APR),        3.25% – 0 points (3.29% APR)

7/1 ARM:         3.0% – .85 points (3.17% APR),         3.25% – 0 points (3.29% APR)

30 year fixed FHA:         3.25% – 0 points (3.95% APR)

15 year fixed FHA:         2.75% – .61 points (3.17% APR),         3.0% – 0 points (3.3% APR)

30 year fixed VA:         3.25% – .37 points (3.32% APR),         3.375% – 0 points (3.4% APR)

Today's Interest Rates - May 17th 2016

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. May 17th 2016 30 year fixed rates, May 18th 2016 30 year fixed rates, May 19th 2016 30 year fixed rates, May 20th 2016 30 year fixed rates, May 21st 2016 30 year fixed rates, May 22nd 2016 30 year fixed rates, May 23rd 2016 30 year fixed rates.

Weekly Rate – Rates Continue in Holding Pattern

WEEKLY RATE – Mortgage Rates Make Modest Improvement

WEEKLY RATE – Mortgage Rates Make Modest Improvement

November 2015

Interest rates have been moving higher for close to a month straight. Finally, we received some modest improvement at the end of last week and so far this week. Interest rates have not moved higher for 4 days straight which is a step in the right direction.

The Mortgage Backed Security (MBS) market closed down – 12 bps last week even with the improvement at the end of the week.
We could continue to see small improvements in interest rate pricing as the market is correcting some of the sell off in previous weeks. That being said, the long term trend will likely continue to be for a rise in interest rates.

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:        3.99% – .87 points (4.16% APR),        4.125% – 0 points (4.15% APR)
20 year fixed:        3.875% – .33 points (3.94% APR),         4.0% – 0 points (4.03% APR)
15 year fixed:         3.25 % – .72 points (3.39% APR),        3.5% – 0 points (3.53% APR)
10 year fixed:         3.125% – .74 points (3.27% APR),        3.375% – 0 points (3.4% APR)
5/1 ARM:         3.375% – .95 points (3.56% APR),          4.0% – 0 points (4.03% APR)
7/1 ARM:          3.5% – .99 points (3.7% APR),         4.0% – 0 points (4.03% APR)
30 year fixed FHA:         3.75% – .68 points (4.58% APR),         4.0% – 0 points (4.7% APR)
15 year fixed FHA:        3.375% – .92 points (3.85% APR),         3.625% – 0 points (3.92% APR)
30 year fixed VA:        3.75% – .68 points (3.89% APR),          4.0% – 0 points (4.02% APR)

TR Interest Rates - November 16th, 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. November 16th 2015 30 year fixed rates, November 17th 2015 30 year fixed rates, November 18th 2015 30 year fixed rates, November 19th 2015 30 year fixed rates, November 20th 2015 30 year fixed rates, November 21st 2015 30 year fixed rates, November 22nd 2015 30 year fixed rates.

WEEKLY RATE – Mortgage Rates Make Modest Improvement

Rates Steady Eddie Before Fed Meeting Next Week

Rates Steady Eddie Before Fed Meeting Next Week

October 2015

Interest rate pricing improved slightly last week and is going up slightly this week so far. The Mortgage Backed Security (MBS) closed last week up +12 bps and is trading this week down – 8 bps. Overall, interest have stayed pretty consistent this week before the FED meeting next week.

The European Central Bank (ECB) is releasing a policy statement on Thursday.

The FED’s Federal Open Market Committee (FOMC) is meeting again next week and releasing a statement on whether they will raise the Federal Funds Rate.

I expect interest rate pricing to be pretty stable until the Fed statement next week.

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% – .94 points (3.93% APR),       3.99% – 0 points (4.01% APR)

20 year fixed:       3.625% – .38 points (3.70% APR),       3.75% – 0 points (3.77% APR)

15 year fixed:       2.99% – .68 points (3.12% APR),        3.25% – 0 points (3.28% APR)

10 year fixed:       2.75% – 1 point (2.95% APR),        3.0% – 0 points (3.02% APR)

5/1 ARM:        3.0% – 1 point (3.2% APR),         3.5% – 0 points (3.52% APR)

7/1 ARM:        3.25% – .92 points (3.43% APR),         3.625% – 0 points (3.67% APR)

30 year fixed FHA:        3.5% – .99 points (4.4% APR),        3.75% – 0 points (4.45% APR)

15 year fixed FHA:       3.0% – .68 points (3.43% APR),        3.25% – 0 points (3.55% APR)

30 year fixed VA:        3.625% – .79 points (3.78% APR),         3.75% – 0 points (3.78% APR)

Today's Interest Rates - October 20th, 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 120th 2015 30 year fixed rates, October 21st 2015 30 year fixed rates, October 22nd 2015 30 year fixed rates, October 23rd 2015 30 year fixed rates, October 24th 2015 30 year fixed rates, October 25th 2015 30 year fixed rates, October 26th 2015 30 year fixed rates.

Rates Steady Eddie Before Fed Meeting Next Week

Rates Improve / FED doesn’t raise Federal Funds Rate

Rates Improve / FED doesn’t raise Federal Funds Rate

September 2015

Interest rates improved significantly on Thursday and Friday after the Federal Open Market Committee (FOMC) announced they would not raise the Federal Funds Rate. The Mortgage Backed Security (MBS) market closed Thursday/Friday trading up +83 bps, and the week up +47 bps. Perhaps more important, the FEDs comments on the fragility of the economy lead some in the market to believe that the Federal Funds Rate could stay at 0% for some time.

30 year fixed rates are now available at 3.875% paying .79 points (4.03% APR), and 3.99% paying 0 points (4.05% APR). 15 year fixed rates are now available at 2.99% paying 1 point (3.19% APR), and 3.25% paying 0 points (3.28% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

With interest rates near 4 month lows – now is a great time to lock in.

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:       3.875% – .79 points (4.03% APR),       3.99% – 0 points (4.05% APR)

20 year fixed:      3.625% – .91 points (3.81% APR),      3.875% – 0 points (3.9% APR)

15 year fixed:      2.99% – .51 points (3.19% APR),       3.25% – 0 points (3.28% APR)

10 year fixed:       2.75% – .84 points (2.91% APR),       3.0% – 0 points (3.04% APR)

5/1 ARM:      3.0% – .98 points (3.2% APR),       3.375% – 0 points (3.4% APR)

7/1 ARM:       3.25% – .92 points (3.43% APR),        3.625% – 0 points (3.66% APR)

30 year fixed FHA:       3.625% – .82 points (4.48% APR),         3.75% – 0 points (4.45% APR)

15 year fixed FHA:        3.0% – .95 points (3.45% APR),          3.25% – 0 points (3.5% APR)

30 year fixed VA:         3.75% – 0 points (3.77% APR)

TR - September 21st, 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. September 21st 2015 30 year fixed rates, September 22nd 2015 30 year fixed rates, September 23rd 2015 30 year fixed rates, September 24th 2015 30 year fixed rates, September 25th 2015 30 year fixed rates, September 26th 2015 30 year fixed rates, September 27th 2015 30 year fixed rates.

Rates Improve / FED doesn’t raise Federal Funds Rate

Interest Rates Improve Slightly After August Jobs Report, FED meeting 10 Days Away

Interest Rates Improve Slightly After August Jobs Report, FED meeting 10 Days Away

September 2015

Happy Labor Day!!

Interest rates improved slightly last week with the Mortgage Backed Security (MBS) market closing up + 16 bps for the week. This was welcome news after interest rates drifted higher the week before after hitting 3 month lows.

30 year fixed rates are now available at 3.875% paying .81 points (4.03% APR), and 4.125% paying 0 points (4.17% APR). 15 year fixed rates are now available at 3.125% paying .47 point (3.21% APR), and 3.25% paying 0 points (3.29% APR). **Priced with 740+ credit score, rate and term refinance at 75% LTV**

The big news last week was the August Jobs report released on Friday. Job creation was at the lowest level in 5 months but the previous 2 months numbers were adjusted higher. Unemployment fell to 5.1%. Although unemployment falling is a positive – the reality is 90% of consumers still have less disposable income than they did before the 2008 financial crisis and many of the jobs people have are jobs they really don’t want.

On 9/17 – the Federal Open Market Committee (FOMC) will decide if they want to raise the Federal Funds rate. With signs of weakness still prevalent in the US economy and the global economy declining – I don’t think they will raise the Federal Funds rate but at this point no one knows.

janet

 

 

 

 

 

 

 

We are still in a very volatile time with uncertainty in the US and global markets.

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:       3.875% – .81 points (4.03% APR),       4.125% – 0 points (4.17% APR)

20 year fixed:       3.625% – .96 points (3.81% APR),       3.875% – 0 points (3.9% APR)

15 year fixed:       3.125% – .47 points (3.21% APR),        3.25% – 0 points (3.29% APR)

10 year fixed:        2.75% – .95 points (2.94% APR),         3.0% – 0 points (3.04% APR)

5/1 ARM:        3.0% – .8 points (3.16% APR),         3.375% – 0 points (3.4% APR)

7/1 ARM:         3.25% – .81 points (3.41% APR),         3.625% – 0 points (3.66% APR)

30 year fixed FHA:        3.625% – .88 points (4.5% APR),         3.75% – 0 points (4.55% APR)

15 year fixed FHA:        3.0% – 1 point (3.5% APR),         3.375% – 0 points (3.67% APR)

30 year fixed VA:         3.75% – 0 points (3.79% APR)

Today's Interest Rates - September 7th, 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. September 7th 2015 30 year fixed rates, September 8th 2015 30 year fixed rates, September 9th 2015 30 year fixed rates, September 10th 2015 30 year fixed rates, September 11th 2015 30 year fixed rates, September 12th 2015 30 year fixed rates, September 13th 2015 30 year fixed rates.

Interest Rates Improve Slightly After August Jobs Report, FED meeting 10 Days Away

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