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 8, 2018

Mortgage rates for October 8, 2018 are starting off the week on the high side as the 10y yield finished last week above 3.20%.  The bond market is closed today.

Currently we’re seeing 30 year fixed mortgage rates below 4.875%, 20 year fixed mortgage rates below 4.75% and 15 year fixed rates below 4.375%.  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 4.50% on the 30 year fixed rate loan program (conforming, 1.25 origination), 20 year fixed 4.375% (conforming, 1.25 point) and on the 15 year as low as 3.875% (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.

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.