Archives for November 2017

Mortgage Rates November 30, 2017

Mortgage rates for November 30 2017 should be similar to terms seen yesterday as the bond markets settles from yesterday’s selloff.  The 10y yield opened the morning trading session at the 2.38% level and seems to be stable to mortgage interest ratestart off the morning session.  Today we have Core PCE, and Chicago PMI and on Friday we have ISM Manufacturing and Construction Spending reports.  Core PCE came in as expected and the Chicago PMI reading was slightly higher than expected.

Currently we’re seeing 30 year fixed mortgage rates remain below 4.00%, 15 year fixed rates below 3.25% and 7/1 ARM rates below 3.375% (conforming, zero points) to start the day (the cost to obtain these mortgage rates will be similar to last week).  Mortgage rates for some “A” level borrowers (high credit score, low loan to home value ratio, low debt to income ratio and no cash out) are as low as 3.625% on the 30 year fixed rate loan program (conforming, 1 point) and on the 15 year as low as 3.00% (conforming, 1 point).  As mentioned the 10y yield started off the day at the 2.38% level and the FNMA 30y 3.5  coupon started off the day at the 102.70 level.

Call us today for a no cost – no obligation quote at 1-800-550-5538.  We offer industry low mortgage rates and have a top rating with the Better Business Bureau and the Business Consumers Alliance.

Mortgage Rates November 29, 2017

Mortgage rates for November 29, 2017 are set to start the day at slightly higher terms as the bond market sells off on the possibility that the Senate will pass tax reform today.  The 10y yield opened the morning trading session at the 2.36% level and has moved higher to the 2.37% level.  Today we have the Mortgage MBA Purchase and Refinance mortgage interest ratereadings, GDP and the Pending Home Sales reports.  Thursday it’s Core PCE, and on Friday we have ISM Manufacturing and Construction Spending reports.

Currently we’re seeing 30 year fixed mortgage rates remain below 4.00%, 15 year fixed rates below 3.25% and 7/1 ARM rates below 3.375% (conforming, zero points) to start the day (the cost to obtain these mortgage rates will be similar to last week).  Mortgage rates for some “A” level borrowers (high credit score, low loan to home value ratio, low debt to income ratio and no cash out) are as low as 3.625% on the 30 year fixed rate loan program (conforming, 1 point) and on the 15 year as low as 3.00% (conforming, 1 point).  As mentioned the 10y yield started off the day at the 2.36% level and the FNMA 30y 3.5  coupon started off the day at the 102.75 level.

Call us today for a no cost – no obligation quote at 1-800-550-5538.  We offer industry low mortgage rates and have a top rating with the Better Business Bureau and the Business Consumers Alliance.

Mortgage Rates November 28, 2017

Mortgage rates for November 28, 2017 are set to start the day at similar levels seen prior to the Thanksgiving holiday.  The 10y yield opened the morning trading session at the 2.32% level, similar to yesterday.  Today we have the CaseShiller Home prices report, and the Consumer Confidence report.  On Wednesday we have the Mortgage mortgage interest rateMBA Purchase and Refinance readings, GDP and the Pending Home Sales reports.  Thursday it’s Core PCE, and on Friday we have ISM Manufacturing and Construction Spending reports.

Currently we’re seeing 30 year fixed mortgage rates remain below 4.00%, 15 year fixed rates below 3.25% and 7/1 ARM rates below 3.375% (conforming, zero points) to start the day (the cost to obtain these mortgage rates will be similar to last week).  Mortgage rates for some “A” level borrowers (high credit score, low loan to home value ratio, low debt to income ratio and no cash out) are as low as 3.625% on the 30 year fixed rate loan program (conforming, 1 point) and on the 15 year as low as 3.00% (conforming, 1 point).  As mentioned the 10y yield started off the day at the 2.32% level and the FNMA 30y 3.5  coupon started off the day at the 102.90level.

Call us today for a no cost – no obligation quote at 1-800-550-5538.  We offer industry low mortgage rates and have a top rating with the Better Business Bureau and the Business Consumers Alliance.

Mortgage Rates November 27, 2017

Mortgage rates for November 27, 2017 are set to start the day at similar levels seen prior to the Thanksgiving holiday.  The 10y yield opened the morning trading session at the 2.32% level.  Today we have the new Home Sales, Tuesday we have the CaseShiller Home prices report, and the Consumer Confidence report.  On Wednesday we have mortgage interest ratethe Mortgage MBA Purchase and Refinance readings, GDP and the Pending Home Sales reports.  Thursday it’s Core PCE, and on Friday we have ISM Manufacturing and Construction Spending reports.

Currently we’re seeing 30 year fixed mortgage rates remain below 4.00%, 15 year fixed rates below 3.25% and 7/1 ARM rates below 3.375% (conforming, zero points) to start the day (the cost to obtain these mortgage rates will be similar to last week).  Mortgage rates for some “A” level borrowers (high credit score, low loan to home value ratio, low debt to income ratio and no cash out) are as low as 3.625% on the 30 year fixed rate loan program (conforming, 1 point) and on the 15 year as low as 3.00% (conforming, 1 point).  As mentioned the 10y yield started off the day at the 2.32% level and the FNMA 30y 3.5  coupon started off the day at the 102.84level.

Call us today for a no cost – no obligation quote at 1-800-550-5538.  We offer industry low mortgage rates and have a top rating with the Better Business Bureau and the Business Consumers Alliance.

Mortgage Rates November 21, 2017

Mortgage rates for November 21, 2017 are set to start the day at similar levels seen on yesterday.  The 10y yield opened the morning trading session at the 2.33% level and have since moved up to the 2.35% level (similar to yesterday morning).   On Monday we did not have any major economic reports however today we had the housing mortgage interest ratestart numbers (slightly stronger than expected) and on Wednesday we have Consumer Sentiment, Durable Goods and MBA Purchase and MBA Refinance readings.  Markets are closed Thursday and Friday.

Currently we’re seeing 30 year fixed mortgage rates remain below 4.00%, 15 year fixed rates below 3.25% and 7/1 ARM rates below 3.375% (conforming, zero points) to start the day (the cost to obtain these mortgage rates will be similar to last week).  Mortgage rates for some “A” level borrowers (high credit score, low loan to home value ratio, low debt to income ratio and no cash out) are as low as 3.625% on the 30 year fixed rate loan program (conforming, 1 point) and on the 15 year as low as 3.00% (conforming, 1 point).  As mentioned the 10y yield started off the day at the 2.33% level and the FNMA 30y 3.5  coupon started off the day at the 102.60 level.

Call us today for a no cost – no obligation quote at 1-800-550-5538.  We offer industry low mortgage rates and have a top rating with the Better Business Bureau and the Business Consumers Alliance.