Mortgage Rates November 15, 2018

Mortgage rates for November 15th, 2018 are starting off the day on a positive note as the 10y yield opens around the 3.10% level.  Yesterday’s CPI report came in a bit weaker than expected and oil continues to trade below $60. This should help keep a lid on rising yields. This morning we had Retail Sales which came in higher than expected, Export Prices and Import Prices came in higher than expected. However the Philly Fed Index came in much lower than expected. Overall it’s been a great 4 trading sessions for bonds however mortgage rates may not improve much until we see a significant move down in the 10y yield below 3.00%.

Currently we’re seeing 30 year fixed mortgage rates below 5.00%, 20 year fixed mortgage rates below 4.875% and 15 year fixed rates below 4.50%.  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 4.75% on the 30 year fixed rate loan program, 20 year fixed 4.625% and on the 15 year as low as 3.75%. 

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. We offer also the latest technology to ensure your loan is processed quickly.

Great Reviews!

“On behalf of my family I would like to thank you for all your assistance and effort to get this mortgage approved at a lower rate. We sincerely appreciate it and we’re truly happy working with you.”

Eric S.
Arcadia, CA

 

Top Rated Mortgage Lender In California November 7, 2018

We are one of the top rated mortgage lenders in the State of California; we have an “A+” Rating with the Better Business Bureau and a “AAA” rating with the Business Consumer Alliance. Contact us directly at 1-800-550-5538 for a no cost – no obligation quote. We use the latest technology to ensure we close your loan fast, we offer industry low mortgage rates and unlike other discount lenders we offer 1 on 1 access to an experience loan officer.

JB Mortgage Capital, Inc. BBB Business Review

Mortgage Rates November 5th, 2018

Mortgage rates for November 5th, 2018 are starting off the week a bit worse as the 10y yield moved above 3.20%. Since this mornings trading the yield has moved back below 3.20%. This week we have ISM Non-Manufacturing, 10y Note Auction, Mortgage Index, 30y Bond Auction, FOMC rate decision, Core Producer Prices, Inflation Outlook and Consumer Sentiment. Oil is trading below $65 which is good for those that are worried about inflation.

Currently we’re seeing 30 year fixed mortgage rates below 5.00%, 20 year fixed mortgage rates below 4.875% and 15 year fixed rates below 4.50%.  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 4.625% on the 30 year fixed rate loan program (conforming, 1.25 origination), 20 year fixed 4.50% (conforming, 1.25 point) and on the 15 year as low as 4.00% (conforming, 1 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.

DocuSign

Great news; starting next week we’re launching our new digital signature service with DocuSign. Now our clients will have the convenience of electronically signing their initial disclosures rather than printing; signing and sending to us.

We are already able to close client loans faster than most lenders and this will not only make the process faster but much easier for those that wish to sign documents with a digital signature. This service is offered in addition to document upload service to ensure our company is on the cutting edge when it comes to providing the best possible customer service experience.

Contact Kevin O’Connor at 1-800-550-5538 for a no cost – no obligation quote!

Mortgage Rates October 26, 2018

Mortgage rates for October 26th, 2018 are finishing off the week slightly improved as the 10y yield will finish off the week below 3.10%. This week we had New Home Sales, Oil Inventories, Durable Goods and Advance Q3 GDP. New Home Sales continue to be week, Oil Inventories are pushing the price of oil below $70 a barrel and the Advance Q3 GDP came in a bit stronger than expected. However the strength of the GDP was most attributed to a huge build up in inventories. Unlike last week the stock market decline has been a positive for bond yields and mortgage rates.

Currently we’re seeing 30 year fixed mortgage rates below 5.00%, 20 year fixed mortgage rates below 4.875% and 15 year fixed rates below 4.50%.  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 4.625% on the 30 year fixed rate loan program (conforming, 1.25 origination), 20 year fixed 4.50% (conforming, 1.25 point) and on the 15 year as low as 4.00% (conforming, 1 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.