Mortgage News
Aug 23, 2019
China announcements of tariffs on USA good toppled with Trumps anti-Semitic tweets certainly caused major tension in the market today. Mortgage rates are up slightly from Wednesday. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.63% (-0.02%)• 15-year (FRM) rates at 3.33% (-0.01%)• FHA 30-year Fixed rates at 3.30% (-0.01%)• Jumbo ...
Aug 22, 2019
Mortgage rates have rached their highest leves in weeeks. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.65% (0.00%)• 15-year (FRM) rates at 3.34% (0.00%)• FHA 30-year Fixed rates at 3.31% (+0.01%)• Jumbo 30-year Fixed rates at 3.76% (+0.01%)• 5/1 ARM rates at 3.44% (-0.01%)...
Aug 19, 2019
Additional rate cuts may be on the horizon for 2019. Economists for Fannie Mae have updated the 2019 full year forecast from 2.1% to 2.2%. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.59% (+0.01%)• 15-year (FRM) rates at 3.28% (+0.03%)• FHA 30-year Fixed rates at 3.25% (0.00%)• Jumbo 30-year Fixed rates at 3.70...
Aug 16, 2019
Mortgage rates are steady falling but this week bonds were extreemly inconsistant. Friday closed out flat for mortgage rates. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.58% (-0.02%)• 15-year (FRM) rates at 3.25% (-0.05%)• FHA 30-year Fixed rates at 3.25% (-0.10%)• Jumbo 30-year Fixed rates at 3.69% (-0.02%)•...
Aug 15, 2019
Just that quickly, mortgage rates are already back down to three-year lows. The rally in bonds and drastic fall in DOW have everything to do with today's numbers. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.60% (-0.05%)• 15-year (FRM) rates at 3.30% (-0.04%)• FHA 30-year Fixed rates at 3.35% (-0.03%)• Jumbo 30-year F...
Aug 13, 2019
This morning’s news of the delay in implementation of many tariffs recently announced by Trump office, did have a slight effect on mortgage rates. On average, rates have increased slightly from yesterday morning. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.70% (+0.06%)• 15-year (FRM) rates at 3.38% (+0.06%)• FHA 30-year Fixed...
Aug 09, 2019
Mortgage rates are dropping back down toward some of the lower numbers we were seeing Monday. However, on average, rates have increased slightly this week. The unsettling nature of the stock market has been taking some effect on bonds and therefore rates. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.64% (-0.10%)• 15-year (FRM) rates at 3.32% (-0...
Aug 07, 2019
Mortgage rates are having a fantastic summer! What about you? Rates are practically at the lowest levels since Q4 2016. ...
Aug 05, 2019
A recent article in this months Black Knight's Mortgage Monitor, tells us first time home buyers are getting a chance at the American Dream! Mortgage interest rates are the lowest they have been in since Q3 2017. Affordability has improved across the US, even California. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.65% (-0.05%)• 15-year (FRM) rates...
Aug 02, 2019
Mortgage rates are significantly lower today, even lower than Thursday, concluding Wednesdays Fed’s rate cut news. Mostly the FED rate cut is not an indicator that mortgage rates will drop. However, rates have been consistently on the decline since Wednesday’s .25bps cut. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 3.70% (-0.07%)• 15-...
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