Archives for April 2018

Mortgage Rates April 23, 2018

Mortgage rates for April 23, 2018 are starting off the week higher as the 10y yield pushes to 3.00%. The 10y yield opened the day at the 3.00% level (a 4 year high). This week we have Existing Home Sales on Monday followed by New Home Sales and Consumer Confidence on Tuesday. On  Wednesday we have the weekly Mortgage mortgage interest rateRefinance index and Mortgage Purchase application index along with a 5y Note auction. Thursday we have Durable Goods and weekly Jobless Claims. On Friday we have GDP and the University of Michigan Inflation Outlook.

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 points), 20 year fixed 3.875% (conforming, 1 point) and on the 15 year as low as 3.50% (conforming, 1.25 points).  As mentioned the 10y yield started off the day around the 3.00% level and the FNMA 30y 3.5  coupon started off the day around the 99.08 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 April 16, 2018

Mortgage rates for April 16, 2018 are starting off the week as bond yields move higher. The 10y yield opened the day at the 2.86% level (almost a 4 week high) as fears of an escalation of tensions in Syria fade as do the possibility of an all out trade ware with China. This week we have NY Fed Manufacturing Index for April and Retail mortgage interest rateSales on Monday. On Tuesday we have Building Permits and Housing starts. On Wednesday we have the Mortgage Refinance Index, Mortgage Purchase Index and Oil. Thursday is the Philly Fed Index and on Friday there are no major economic 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 points), 20 year fixed 3.875% (conforming, 1 point) and on the 15 year as low as 3.50% (conforming, 1.25 points).  As mentioned the 10y yield started off the day around the 2.86% level and the FNMA 30y 3.5  coupon started off the day around the 99.66 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 April 12, 2018

Mortgage rates for April 12, 2018 are set to start near recent lows as the market remains somewhat range bound. mortgage interest rateThe 10y yield opened the day at the 2.79% level. The all important CPI report came in at expectations yesterday.

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 points), 20 year fixed 3.875% (conforming, 1 point) and on the 15 year as low as 3.50% (conforming, 1.25 points).  As mentioned the 10y yield started off the day around the 2.79% level and the FNMA 30y 3.5  coupon started off the day around the 100.00 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 April 4, 2018

Mortgage rates for April 4, 2018 are set to start the day at similar levels seen earlier in the week. The 10y yield opened the day at the 2.75% level.  Today we have the ADP employment report, MBA Purchase, MBA Refinance, Durable Goods and Oil.  As we move towards the end of the week we have the weekly unemployment claims on mortgage interest rateThursday and on Friday we have the month jobs and wages 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 points), 20 year fixed 3.875% (conforming, 1 point) and on the 15 year as low as 3.50% (conforming, 1.25 points).  As mentioned the 10y yield started off the day around the 2.75% level and the FNMA 30y 3.5  coupon started off the day at the 100.14 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 April 2, 2018

Mortgage rates for April 2, 2018 are at similar levels seen before the three day weekend as the 10y yield opens the week at the 2.75% level.  Today we have we have the ISM Manufacturing PMI and Construction Spending reports.  On Tuesday we have Car and Truck sales reports along with ISM-New York Index for February and mortgage interest rateMarch.  Wednesdays reports include the ADP employment report, MBA Purchase, MBA Refinance, Durable Goods and Oil.  As we move towards the end of the week we have the weekly unemployment claims on Thursday and on Friday we have the month jobs and wages 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 around the 2.75% level and the FNMA 30y 3.5  coupon started off the day at the 100.05 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.