Archives for March 2018

Mortgage Rates March 30, 2018

Mortgage rates for March 30, 2018 are finishing out the month at there best levels in weeks. Today the bond market is closed however yesterday’s closing yield on the 10y was below 2.75%. Currently we’re seeing 30 year fixed mortgage rates below 4.50%, 20 year fixed mortgage rates below 4.375% and 15 year fixed rates below mortgage interest rate4.00%.  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 4.00% on the 30 year fixed rate loan program (conforming, 1.25 point), 20 year fixed 3.875% (conforming, 1 point) and on the 15 year as low as 3.50% (conforming, 1.25 point).

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 March 27, 2018

Mortgage rates for March 27, 2018 are at similar levels seen yesterday as the 10y yield starts off the day at the 2.83% level.  Yesterday’s massive move in stocks had little affect on the bond market. Today we have we have the CaseShiller Home Prices, Consumer Confidence Index, Consumer Inflation Rate Expectations and a 5y Auction. Wednesday we have the weekly MBA Purchase and MBA Refinance Index, mortgage interest rateFinal Q4 GDP, Pending Home Sales, Oil and a 7y Auction. Markets close early on Thursday (not data) and are closed all day Friday (Easter).

Currently we’re seeing 30 year fixed mortgage rates below 4.50%, 20 year fixed mortgage rates below 4.375% and 15 year fixed rates below 4.00%.  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 4.00% on the 30 year fixed rate loan program (conforming, 1.25 point), 20 year fixed 3.875% (conforming, 1 point) and on the 15 year as low as 3.50% (conforming, 1.25 point).  As mentioned the 10y yield started off the day around the 2.83% level and the FNMA 30y 3.5  coupon started off the day at the 99.85 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 March 23, 2018

Mortgage rates for March 21, 2018 should start off the day at similar levels compared to the beginning of the week. The 10y yield started the day at the 2.85% level.  Today we have we had the Durable Goods report, and the New Home Sales reports. Durable Goods came in much stronger than anticipated while the New Home Sales report mortgage interest ratecame in a bit weaker than expected.  As far as data and bond trading goes; we have a short week.  Markets close early on Thursday and are closed all day Friday (Easter).

Currently we’re seeing 30 year fixed mortgage rates below 4.50%, 20 year fixed mortgage rates below 4.375% and 15 year fixed rates below 4.00%.  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 4.00% on the 30 year fixed rate loan program (conforming, 1.25 point), 20 year fixed 3.875% (conforming, 1 point) and on the 15 year as low as 3.50% (conforming, 1.25 point).  As mentioned the 10y yield started off the day around the 2.85% level and the FNMA 30y 3.5  coupon started off the day at the 99.80 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 March 21, 2018

Mortgage rates for March 21, 2018 should start off the day worse when compared to earlier in the week as bond markets are selling off at the open. The 10y yield started the day at the 2.90% level.  Today we have the MBA Purchase Index, the MBA Refinance Index,  Existing Home Sales and the all important FOMC rate decision. mortgage interest rateThursday we have the weekly unemployment numbers and on Friday we have the Durable Goods report, and the New Home Sales reports.

Currently we’re seeing 30 year fixed mortgage rates below 4.50%, 20 year fixed mortgage rates below 4.375% and 15 year fixed rates below 4.00%.  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 4.00% on the 30 year fixed rate loan program (conforming, 1.25 point), 20 year fixed 3.875% (conforming, 1 point) and on the 15 year as low as 3.50% (conforming, 1.25 point).  As mentioned the 10y yield started off the day just above the 2.87% level and the FNMA 30y 3.5  coupon started off the day at the 99.48 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 March 19, 2018

Mortgage rates for March 19, 2018 should start off the day at a bit worse when compared to Friday’s level as bond markets are selling off at the open. The 10y yield started the day at the 2.87% level.  Today and Tuesday we have no economic reports that are significant.  Wednesday we have the MBA Purchase Index, the MBA Refinance Index,  mortgage interest rateExisting Home Sales and the all important FOMC rate decision. Thursday we have the weekly unemployment numbers and on Friday we have the Durable Goods report, and the New Home Sales reports.

Currently we’re seeing 30 year fixed mortgage rates below 4.50%, 20 year fixed mortgage rates below 4.375% and 15 year fixed rates below 4.00%.  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 4.00% on the 30 year fixed rate loan program (conforming, 1.25 point), 20 year fixed 3.875% (conforming, 1 point) and on the 15 year as low as 3.50% (conforming, 1.25 point).  As mentioned the 10y yield started off the day just above the 2.87% level and the FNMA 30y 3.5  coupon started off the day at the 99.70 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.