What May Impact Mortgage Rates this Week: June 9, 2014

mortgageporter-economyThis week’s economic calendar appears to be on the lighter side.

  • Thursday, June 12: Retail Sales and Initial Jobless Claims
  • Friday, June 13: Producer Price Index (PPI) and Consumer Sentiment Index (UoM)

Mortgage rates are still at very low levels.

This week’s quote is about 0.125% higher than what I quoted two weeks ago.

As I write this post, 10:15 am on June 9, 2014, I’m quoting:

4.125% (apr 4.279%) for a 30 year fixed conventional mortgage based on a sales price of $500,000 and a loan amount of $400,000 for home buyers in the greater Seattle area with excellent credit with scores of 740 or higher priced with 1.119 points.

Mortgage rates change constantly and may change by the time I publish or you’re reading this post.  For a rate quote based on your personal financial scenario for your home located in Washington with current rates, please click here.

By the way, join me and Jim Reppond of Coldwell Banker Danforth tomorrow morning at 10:00 am PST for this week’s episode of Seattle RE Chat.  We’re going to be discussing FHA’s new home buyer’s program featuring reduced mortgage insurance premiums!

 

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  1. […] (apr 4.283%) priced with 1.138 points. NOTE: this is essentially the same as what I quoted on last Monday’s post (0.019% higher in […]

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