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.