by Chantelle Stein
Jun 03, 2019
This morning, mortgage rates officially fell under 4 percent - this for the first time in over a year. Mortgage magazine reported, those "Refinanceable homeowners" just increased by 2 million since early May, totaling over 5 million refinanceable homeowners, "who can both qualify for refinancing and would save at least 75 basis points" Bookmark this page for mortgage rates: • 30-year (FRM)...
by Chantelle Stein
May 31, 2019
Mortgage rates are now under 4%; but for a mixture of reasons and not always a true 3.99%. Some news reports being publishing this week, claim rates are now under 4.00%; the best since beginning of 2018. However, it may be a bit more difficult to find lenders offering a true 3.875% rate. The fact of the matter is a mortgage rates at 4.125% is more realistic right now than 3.95 percent, or lower, at this stage. There will need to be a...
by Chantelle Stein
May 30, 2019
Although mortgage rates are continuing to fall, trading patterns in the stock market are getting more buzz. At yesterday’s closing bell, Bonds lost major ground from the vast territory that was recently gained in the past few days. ...
by Chantelle Stein
May 29, 2019
Mortgage rates have been dropping, consistently, over the last 2 weeks; Tuesday and today have been no exception! Rates are just about at the lowest levels since earlier in January this year. ...
by Chantelle Stein
May 24, 2019
Mortgage rates took a dive over the last 24 hours. Rates are now back down to some of the lower levels that we saw in early May and April 2018 - over a year. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 4.05% (-0.05%)• 15-year (FRM) rates at 3.88% (-0.02%)• FHA 30-year Fixed rates at 4.00% (0.00%)• Jumbo 30-year Fixed rates at 4.00% (-0.08%)• 5/1 ...
by Chantelle Stein
May 23, 2019
Mortgage rates dropped rather swiftly today as the global financial market took a major turn; money was pouring out of stocks, into bonds. If the stock market is volatile and losing money, bonds are a safe haven. ...
by Chantelle Stein
May 21, 2019
The bond market today and Monday had some weakening; mortgage rates have gone up slightly and the average 30-yr fixed conventional loan is now back to May 9th/10th levels. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 4.23% (+0.07%)• 15-year (FRM) rates at 3.94% (+0.03%)• FHA 30-year Fixed rates at 4.00% (0.00%)• Jumbo 30-year Fixed rates at 4.15% (+0.07%)...
by Chantelle Stein
May 17, 2019
Rates ended the week on a high note – not in a bad way either! Rates are now at lowers in more than a month and the average lender is very close to lowest levels in more than a year. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 4.15% (0.00%)• 15-year (FRM) rates at 3.90% (0.00%)• FHA 30-year Fixed rates at 4.00% (0.00%)• Jumbo 30-year Fixed rates ...
by Chantelle Stein
May 15, 2019
Although mortgage rates are currently at an average one-month low; that’s not effecting the price gains that current homeowners are experiencing. NAR’s (National Association of Realtors) reported, a typical homeowner in the U.S. saw their “housing wealth increased by $9,500 over the past year”. 2019 first quarter SFH (single-family home) prices increased by 3.9% to $254,800.This still goes to show that...
by Chantelle Stein
May 13, 2019
Mortgage rates took a slight drop to start the new week. With the rate decline today, the average lender is now offering the lowest rates since April 2nd of this year. Trade tension between China and US remain in focus. Bookmark this page for mortgage rates: • 30-year (FRM) rates at 4.18% (-0.06%)• 15-year (FRM) rates at 3.91% (-0.03%)• FHA 30-year Fixed rates at 4.00% (0.00%)•...