What May Impact Mortgage Rates this Week: April 20, 2015 | Mortgage Rates Slightly Improved

mortgageporter-economyThere is not a lot on the economic indicator dance card this week, with no reports released yesterday or today. Mortgage rates remain very low. Here are some of the economic indicators scheduled to be released this week:

  • Wednesday, April 22: Existing Home Sales
  • Thursday, April 23: Initial Jobless Claims; New Home Sales
  • Friday, April 24: Durable Goods Orders

Mortgage interest rates are improved  in fee compared to last week’s mortgage rate post.  As I write this post, 8:00 am on Tuesday, April 22, 2015, I’m quoting:

EDITORS NOTE: Rates posted below are expired! Please click here if you would like a mortgage rate quote with current pricing for your home located in Washington state.

  • 30 year fixed: 3.625% (apr 3.731%) priced with 0.705 points with  a principal and interest (p&i) payment (taxes and insurance not included) of $1,824.21..
  • 20 year fixed: 3.500% (apr 3.647%) priced with 0.705 points with p&i of $2,319.84.
  • 15 year fixed: 2.875% (apr 3.102%) priced with 1.003 points with p&i of $2,738.34.
  • 15 year fixed: 3.000% (apr 3.105%) priced with 0.159 points with p&i of $2,762.33

Rates quoted above are based on a purchase in the greater Seattle – King County area with a sales price of $500,000, 20% down payment and a conventional loan amount of $400,000. The home buyers have excellent credit with credit scores of 740 or higher and the transaction is closing by May 29, 2015 or sooner.

Rates quoted are subject to credit approval and may change at any time. This is just a small sample of the mortgage rates and programs that I have available. If you would like me to provide you with a mortgage rate quote for your home purchase or refinance on your home located anywhere in Washington state, please click here.

 

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  1. […] interest rates are priced slightly higher compared to last week’s mortgage rate post. Check out how much an 0.125% in rate will cost with the quotes below. As I write this post, 8:50 am […]

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