Mortgage Rates November 21, 2018

A Brown Home

Mortgage rates for November 21st, 2018 – The 10y yield opened the day at the 3.07% level however after this mornings economic data reported the 10y yield moved down due to a weaker than expected Durable Goods report. Overall mortgage rates should start the day at similar levels (compared to yesterday). On the economic calendar today we had the Mortgage Index … Read more

Mortgage Rates November 20, 2018

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The 10y yield continues to push closer to 3.00% and Mortgage Backed Securities are following however mortgage lenders are usually cautious with rates during a holiday week (especially during Thanksgiving week) so we might not see any improvements to rates today. We’re seeing the 10y yield trade at the 3.39% level and it appears stocks are set to open significantly … Read more

Mortgage Rates November 19, 2018

FHA 203(k) loan in California

We are starting out the day at similar levels seen on Friday as the 10y yield is starting the week at the 3.08% level.  Mortgage Backed Securities (MBS) are a bit weaker this morning however nothing significant. Since this is a shortened trading week with the Thanksgiving holiday you may see some lenders be cautious with the mortgage rates they … Read more

Mortgage Rates November 16, 2018

Home with Pool

Mortgage rates For November 16, 2018 are heading into the weekend at their best levels of the month. The 10y yield is trading below 3.10% (as low as 3.081% this morning) and mortgage bonds are also showing signs of strength. The economic calendar today is absent of any significant reports and next is the housing data and the Durable Goods … Read more

Mortgage Rates November 15, 2018

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We 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 … Read more

Who Has The Lowest Mortgage Rates?

Home Interest Rate

Have you ever asked a family member, friend or even a realtor this question – who has the lowest mortgage rates in California? I would guess most home buyers or homeowners looking to refinance their mortgage have at one point in time or another asked someone “Who has the lowest mortgage rates in California?” Here is a simple fact of life … Read more