My husband and I have been cleaning out the garage and I came across an old mortgage rate sheet from August 2001. Mortgage rates were a bit higher 15 years ago. If you paid a 1% discount point, your rate for a 30 year fixed would have been 6.500% on a 30 day lock.
Mortgage Rates poised to move higher with Jobs Data
July 7, 2016 by Leave a Comment
Mortgage rates have been bouncing at historic lows following Brexit. Rates could bump higher following the Jobs Report which is scheduled to be released tomorrow morning.
Today’s ADP Report came in with stronger than expected employment data and last month’s Jobs Report came in worse than expected.
My advice? [Read more…]
Mortgage interest rates near all time record lows
July 1, 2016 by Leave a Comment
Yesterday Freddie Mac released their Prime Mortgage Market Survey revealing that mortgage interest rates are near all time record lows with the 30 year fixed rate mortgage averaging 3.48 with 0.5 points for the week ending June 30, 2016.
Mortgage Rates Remain near Three Year Lows
June 23, 2016 by Leave a Comment
Mortgage rates drop following the Jobs Report
June 3, 2016 by Leave a Comment
The morning the Jobs Report was released with weaker than expected data with only 38K non-farm jobs added in May. This is far less than the anticipated 155k jobs. In addition, April’s Jobs Report was revised with fewer jobs than originally reported. [Read more…]
Mortgage rates trending higher (still very low)
June 2, 2016 by Leave a Comment
Freddie Mac’s PMMS report was released this morning showing that mortgage rates are trending higher from the 3 year lows.
The Prime Mortgage Market Survey is based on an average of last week’s conforming rates and reports that the 30 year fixed rate averaged 3.66 with 0.5 points for the week ending June 2, 2016. [Read more…]
Freddie Mac reports 30 year mortgage rates at lowest level in 3 years!
May 12, 2016 by 1 Comment
According to Freddie Mac’s Prime Mortgage Market Survey that was released today, mortgage rates for the 30 year fixed conventional are at their lowest in 3 years.
Mortgage Rates are LOW!! It’s time to refi…again!
May 6, 2016 by Leave a Comment
Mortgage rates have been very low the past couple of days creating a flurry of refinances.
Just how low? Try 3.500% for a 30 year fixed conventional mortgage (apr 3.652%) priced with 1.152 points.
And how about 2.750% for a 15 year fixed conventional mortgage (apr 3.022%) priced with 1.199 points.
Rates quoted above are as of May 6, 2016 as of 12:30 pm PST and are subject to change at any time and are subject to credit approval. Click here for your no hassle mortgage rate quote for homes located anywhere in Washington state.
Recent Comments