What May Impact Mortgage Rates this week: September 21, 2015

2015-09-19 10.22.38Tomorrow is officially the last day of summer. [sigh]

Here are some of the economic indicators scheduled to be released this week:

  • Monday, Sept 21: Existing Home Sales
  • Thursday, Sept 24: Initial Jobless Claims and Durable Goods Orders
  • Friday, Sept 25: Gross Domestic Product (GDP); GDP Chain Deflator; Consumer Sentiment Index and New Home Sales

As I write this post, 4:00 pm on September 21, 2015, I’m quoting:

EDITORS NOTE: Rates posted below are EXPIRED! Please click here for current rates for your home located in Washington state.

  • 30 year fixed: 3.875% (apr 3.984%) priced with 0.788 points with p&i of $1,880.95.
  • 20 year fixed: 3.625% (apr 3.814%) priced with 1.129 points with p&i of $2,345.61.
  • 15 year fixed: 3.125% (apr 3.312%) priced with 0.770 points with p&i of $2,786.44.

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 October 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. […] 30 and 20 year rates quoted are slightly improved and the 15 year price is slightly higher than what I quoted on last week’s rate post.  As I write this, 4:00 pm on Monday, September 28, 2015, I’m […]

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