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.