Archives for September 2018

Mortgage Rates For September 20, 2018

Mortgage rates for September 20th, 2018 are set to move higher as the 10y yield approaches 3.10%.  The costs to obtain a new mortgage is higher compared to earlier in the week. The economic data this morning was not bond friendly as unemployment claims came in at nearly 40 year lows and the Philly Fed Index beat expectations. As of this morning the 10y yield was at 3.094%

mortgage interest rateCurrently we’re seeing 30 year fixed mortgage rates below 4.75%, 20 year fixed mortgage rates below 4.625% and 15 year fixed rates below 4.25%.  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 4.375% on the 30 year fixed rate loan program (conforming, 1.25 origination), 20 year fixed 4.25% (conforming, 1.25 point) and on the 15 year as low as 3.75% (conforming, 1 point).  As mentioned the 10y yield started off the day around the 3.094% level and the FNMA 30y 4.0 coupon started off the day around the 100.67 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 September 13, 2018

Mortgage rates for September 13th, 2018 remain at similar levels from earlier in the week with the 10y yield at the 2.95% level. The costs to obtain a new mortgage is similar to terms we were seeing a few days ago however the good news is the CPI number came in a bit softer than the bond market was expecting (which is good for mortgage rates) and helped keep yields below 3.00%. 

Currently we’re seeing 30 year fixed mortgage rates below 4.50%, 20 year fixed mortgage rates below 4.375% and 15 mortgage interest rateyear 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 4.25% on the 30 year fixed rate loan program (conforming, 1 point), 20 year fixed 4.00% (conforming, 1.25 point) and on the 15 year as low as 3.625% (conforming, 1 point).  As mentioned the 10y yield started off the day around the 2.94% level and the FNMA 30y 4.0 coupon started off the day around the 101.38 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 September 10, 2018

Mortgage rates for September 10th, 2018 remain higher compared to a few weeks ago with the 10y yield at the 2.94% level. The costs to obtain a new mortgage is similar to terms we were seeing towards the end of last week. 

Currently we’re seeing 30 year fixed mortgage rates below 4.50%, 20 year fixed mortgage rates below 4.375% and mortgage interest rate15 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 4.25% on the 30 year fixed rate loan program (conforming, 1 point), 20 year fixed 4.00% (conforming, 1.25 point) and on the 15 year as low as 3.625% (conforming, 1 point).  As mentioned the 10y yield started off the day around the 2.94% level and the FNMA 30y 4.0 coupon started off the day around the 101.45 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 September 5, 2018

Mortgage rates for September 5, 2018 are a bit elevated with the 10y yield at the 2.91% level. The costs to obtain a new mortgage is slightly higher than last week. 

Currently we’re seeing 30 year fixed mortgage rates below 4.50%, 20 year fixed mortgage rates below 4.375% and mortgage interest rate15 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 4.125% on the 30 year fixed rate loan program (conforming, 1 point), 20 year fixed 4.00% (conforming, 1 point) and on the 15 year as low as 3.625% (conforming, 1 point).  As mentioned the 10y yield started off the day around the 2.84% level and the FNMA 30y 4.0 coupon started off the day around the 101.70 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.