Tag: jumbo

Septembers’ Fed meeting came and gone. Conclusion is more or less the same as before. No increase but the bias is upward. Still expecting minimum one increase of a 0.25% before end of December 2016.

Mtg_Fixed

Mortgage rates remain steady since the release of August employment figures. Amid the latest round of Fed speaker talks of rate increases, the anticipation is one increase of a 0.25% for the remainder of 2016. Last increase was in December 2015.

Fannie Mae 3% Down Program

Mortgage rates are back to record low levels reached in 2012. Turmoil and uncertainties in Europe are driving money back into bond markets.

3% Can Buy You Home

Housing starts and permit declined in January

3% Can Buy You Home

European Central Bank hinted more QE on the way; Global rates decline in response.

3% Can Buy You Home

Mortgage rates are flat to down, awaiting for clues on Fed’s initiation on rate hike

30yrMtg092415

257,000 Jobs Created in January, more than expected – sending bond yields up for the 4th day in a roll

10_30-yr_BondYield020615

US 30-Year Bond Yields hit Record Low

MtgRates

Mtg Rate 12/10/14▼ – new low for the week

Refinance/Conforming
30Yr Fixed 3.875%, 15Yr Fixed 3.125%, 5/1 ARM 3.000%

Purchase/Conforming
30Yr Fixed 3.750%, 15Yr Fixed 3.000%, 5/1 ARM 2.875%

MtgRates

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