by Chantelle Stein
Sep 16, 2019
Last week, mortgage rates closed out on Friday having the worst week since 2016. The potential for volatility in the market remains very likely, until post-Fed day announcements. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.82% (-0.03%)• 15-year (FRM) rates at 3.50% (-0.02%)• FHA 30-year Fixed rates at 3.50% (0.00%)• Jumb...
by Chantelle Stein
Sep 13, 2019
Mortgage rates rose to their highest in 30 days the beginning of the week. And then higher, to the worst since 2016, just yesterday. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.85% (+0.10%)• 15-year (FRM) rates at 3.52% (+0.14%)• FHA 30-year Fixed rates at 3.50% (+0.12%)• Jumbo 30-year Fixed rates at 3.89% (+0.12%)...
by Chantelle Stein
Sep 11, 2019
Mortgage rates have taken a sharp, sudden turn, for the worst. Rates are effective hitting one-month highs, after being at their lowest levels in 3 years. Market concerns around central bank policy announcements coming up, may have much to do with the recent rate spike. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.70% (0.00%)• 15-year (FRM) rates at 3.35% (0.00...
by Chantelle Stein
Sep 09, 2019
After a big jump last Thursday in mortgage rates, rates held steady through Friday closing bell. Mortgage rates below are among the most prevalent, including the percentage swing from 9/6/19. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.57% +-0.02%)• 15-year (FRM) rates at 3.25% (0.00%)• FHA 30-year Fixed rates at 3.25% (0.00%)&bull...
by Chantelle Stein
Sep 06, 2019
After yesterday’s impressive jump in mortgage rates, they are finally holding steady at the 3-year long term lows. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.55% (-0.02%)• 15-year (FRM) rates at 3.25% (0.00%)• FHA 30-year Fixed rates at 3.25% (0.00%)• Jumbo 30-year Fixed rates at 3.63% (-0.02%)• 5/1 ARM rates at 3.38% (-0.02%)...
by Chantelle Stein
Sep 05, 2019
Mortgage rates are hovering at the lowest levels in three years. Rate, on average, are about the same, versus last week. Bookmark this page for mortgage rate...
by Chantelle Stein
Sep 03, 2019
Mortgage rates dipped lower, starting off the short post-holiday market week. Lower interest rates have begun to mitigate affordability, which in turn has shown an increase in the rate of property appreciation. CoreLogic reported July's home price index was 3.6%, with June's increase being 3.4%. Blackknight also reported the rate of increase in its index had risen for the first time in sixteen months. Bookmark this page...
by Chantelle Stein
Aug 30, 2019
Mortgage rates continued to drop, up until closing bell this pre-holiday weekend of Labor Day. Rates remain the lowest of this year, and 2018. Lower rates are improving affordability for consumers. Black Knight (NYSE: BKI), a leading provider of integrated software, data and analytics solutions, has reported that the decline of mortgage interest rates has increased affordability for those looking to purchase a home. Bookmark this...
by Chantelle Stein
Aug 29, 2019
Mortgage rates are lower today from the start of the week. This seems to back the case that Treasuries and mortgages do not always move in the same direction. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.56% (-0.03%)• 15-year (FRM) rates at 3.25% (-0.03%)• FHA 30-year Fixed rates at 3.25% (-0.04%)• Jumbo 30-year Fixed rates at 3.69% (...
by Chantelle Stein
Aug 26, 2019
The economy seems to be thriving. Increasing home prices might be evidence of this. FNM government agencies have decided to raise the threshold for requiring a residential real estate appraisal. Currently mortgages on one to four 4 family homes sold for $250,000 or less may be exempt from an appraisal. The threshold will be increased to $400,000 or less. This will be the first change in the threshold in 25...