axiafinancialnw

Archive for the ‘Mortgage Rate Updates’ Category

Market Rate Watch 8.12.09

In Mortgage Rate Updates on August 12, 2009 at 4:33 pm

Reports from fellow mortgage professionals indicate that mortgage rates do not reflect the extent to which the MBS market has rallied over the past two days, however mortgage rates are still slightly improved from yesterday.   The par 30 year conventional rate mortgage is in the 5.125% to 5.375% range for the best qualified consumer.  In order to get a par interest rate you must have a FICO credit score of 740 or higher, a loan to value at 80% or less and pay all closing costs including one point loan origination/discount/broker fee.  As a consumer, you can elect to pay less in fees and take a higher interest rate.

30 Yr FRM

5.22%

-0.03%
15 Yr FRM

4.63%

-0.06%
1 Yr ARM

4.78%

-0.02%
5/1 Yr ARM

4.73%

-0.02%
30 YR Tres

4.47%

0.03%
Fed Prime

3.25%

0.00%

View: Rates | Charts
Blogs: MBS Commentary | Rate Watch

From MortgateDailyNews.com 8-12-09


6/23/09 Mortgage Rate Update

In Mortgage Rate Updates on June 23, 2009 at 6:10 pm

Current Mortgage Rates

Best Rates
 
Yesterday
Today
30 Yr FRM 5.17% 5.19%
15 Yr FRM 4.66% 4.64%
FHA 30 Year Fixed 5.19% 5.21%
Jumbo 30 Year Fixed 5.44% 5.48%
5/1 Yr ARM 3.94% 3.91%
May include points
Updated: 6/23/09 1:32 PM
National Average Mortgage Rates
 
Rate
Change
30 Yr FRM 5.38% 0.7 -0.21%
15 Yr FRM 4.89% 0.7 -0.17%
1 Yr ARM 4.95% 0.6 -0.09%
5/1 Yr ARM 4.97% 0.6 -0.20%
Source: Freddie Mac
Updated: 6/18/09 2:19 PM

Update 6/22/9 Mortgage Rates

In Mortgage Rate Updates on June 22, 2009 at 8:16 pm

Mortgage Rates 6/22/09

Best Rates

  Yesterday Today
30 Yr FRM 5.19% 5.17%
15 Yr FRM 4.67% 4.66%
FHA 30 Year Fixed 5.24% 5.19%
Jumbo 30 Year Fixed 5.45% 5.44%
5/1 Yr ARM 3.99% 3.94%
May include pointsUpdated: 6/22/09 11:59 AM

 

 
National Average Mortgage Rates

  Rate Points Change
30 Yr FRM 5.38% 0.7 -0.21%
15 Yr FRM 4.89% 0.7 -0.17%
1 Yr ARM 4.95% 0.6 -0.09%
5/1 Yr ARM 4.97% 0.6 -0.20%
Source: Freddie MacUpdated: 6/18/09 2:19 PM

 

 

,

6/22/09

In Mortgage Rate Updates on June 22, 2009 at 8:06 pm

Mortgage Rates 6/22/09

Best Rates

  Yesterday Today
30 Yr FRM 5.19% 5.17%
15 Yr FRM 4.67% 4.66%
FHA 30 Year Fixed 5.24% 5.19%
Jumbo 30 Year Fixed 5.45% 5.44%
5/1 Yr ARM 3.99% 3.94%
May include pointsUpdated: 6/22/09 11:59 AM

 

 
National Average Mortgage Rates

  Rate Points Change
30 Yr FRM 5.38% 0.7 -0.21%
15 Yr FRM 4.89% 0.7 -0.17%
1 Yr ARM 4.95% 0.6 -0.09%
5/1 Yr ARM 4.97% 0.6 -0.20%
Source: Freddie MacUpdated: 6/18/09 2:19 PM