CONFORMING RATES ($200,000 to $417,000) 0 POINT 30 Year: 4.375% (4.495% APR) FHA 30 Year: 4.25% (4.37% APR) 5/1 ARM: 3.125% (3.245% APR) SUPER-CONFORMING RATES ($417,001 to $729,750 cap by county) 0 POINT 30 Year: 4.625% (4.745% APR) FHA 30 Year: 4.375% (4.495% APR) 5/1 ARM: 3.75% (3.87% APR) JUMBO RATES ($729,751 to $2,00,000) 1
WeeklyBasis
CONFORMING RATES ($200,000 to $417,000) 0 POINT 30 Year: 4.375% (4.495% APR) FHA 30 Year: 4.25% (4.37% APR) 5/1 ARM: 3.125% (3.245% APR) SUPER-CONFORMING RATES ($417,001 to $729,750 cap by county) 0 POINT 30 Year: 4.625% (4.745% APR) FHA 30 Year: 4.375% (4.495% APR) 5/1 ARM: 3.75% (3.87% APR) JUMBO RATES ($729,751 to $2,00,000) 1
CONFORMING RATES ($200,000 to $417,000) 0 POINT 30 Year: 4.5% (4.62% APR) FHA 30 Year: 4.25% (4.37% APR) 5/1 ARM: 3.125% (3.245% APR) SUPER-CONFORMING RATES ($417,001 to $729,750 cap by county) 0 POINT 30 Year: 4.625% (4.745% APR) FHA 30 Year: 4.375% (4.495% APR) 5/1 ARM: 3.625% (3.745% APR) JUMBO RATES ($729,751 to $2,00,000) 1
Rates rose .125% last week, on target with last Sunday’s WeeklyBasis prediction that “rates should be even to up slightly.” As of Friday evening, there’s no budget deal in Washington so politicians will continue work on a budget compromise, which if it comes, will enable the debt ceiling to be raised. August 2 is when
Rates rose .125% last week, on target with last Sunday’s WeeklyBasis prediction that “rates should be even to up slightly.” As of Friday evening, there’s no budget deal in Washington so politicians will continue work on a budget compromise, which if it comes, will enable the debt ceiling to be raised. August 2 is when
CONFORMING RATES ($200,000 to $417,000) 0 POINT 30 Year: 4.625% (4.745% APR) FHA 30 Year: 4.375% (4.495% APR) 5/1 ARM: 3.125% (3.245% APR) SUPER-CONFORMING RATES ($417,001 to $729,750 cap by county) 0 POINT 30 Year: 4.75% (4.87% APR) FHA 30 Year: 4.5% (4.62% APR) 5/1 ARM: 3.625% (3.745% APR) JUMBO RATES ($729,751 to $2,00,000) 1
Rates were down slightly last week but there’s reason for caution coming into this week: there’s no deal yet on U.S. budget proposals and until there’s a budget agreement, the U.S. debt ceiling won’t be raised. The U.S. will reach its borrowing limit August 2, but it takes time to process legislation and money flows
Rates were down slightly last week but there’s reason for caution coming into this week: there’s no deal yet on U.S. budget proposals and until there’s a budget agreement, the U.S. debt ceiling won’t be raised. The U.S. will reach its borrowing limit August 2, but it takes time to process legislation and money flows
CONFORMING RATES ($200,000 to $417,000) 0 POINT 30 Year: 4.5% (4.62% APR) FHA 30 Year: 4.25% (4.37% APR) 5/1 ARM: 3.125% (3.245% APR) SUPER-CONFORMING RATES ($417,001 to $729,750 cap by county) 0 POINT 30 Year: 4.625% (4.745% APR) FHA 30 Year: 4.375% (4.495% APR) 5/1 ARM: 3.375% (3.495% APR) JUMBO RATES ($729,751 to $2,00,000) 1
CONFORMING RATES ($200,000 to $417,000) 0 POINT 30 Year: 4.5% (4.62% APR) FHA 30 Year: 4.25% (4.37% APR) 5/1 ARM: 3.125% (3.245% APR) SUPER-CONFORMING RATES ($417,001 to $729,750 cap by county) 0 POINT 30 Year: 4.625% (4.745% APR) FHA 30 Year: 4.375% (4.495% APR) 5/1 ARM: 3.375% (3.495% APR) JUMBO RATES ($729,751 to $2,00,000) 1
Rates were down .125% to end last week, regaining half of the .25% rise from the week before. As the last WeeklyBasis noted: “Jobs would have to be worse than already-low expectations” for rates to improve, and that’s exactly what happened, with only 18k non-farm payrolls created vs. 110k expectations. Safer assets like mortgage bonds
CONFORMING RATES ($200,000 to $417,000) 0 POINT 30 Year: 4.625% (4.745% APR) FHA 30 Year: 4.375% (4.495% APR) 5/1 ARM: 3.25% (3.37% APR) SUPER-CONFORMING RATES ($417,001 to $729,750 cap by county) 0 POINT 30 Year: 4.75% (4.87% APR) FHA 30 Year: 4.5% (4.62% APR) 5/1 ARM: 3.375% (3.495% APR) JUMBO RATES ($729,751 to $2,00,000) 1
Rates were up .25% to end last week on perception of improving situations in Greece, U.S. housing, U.S. jobs, and U.S. manufacturing. This week is light on economic data (calendar below), and jobs reports will be the highlights. Rates are slightly lower to begin this week as mortgage bonds rally to regain some of last
Rates were up .25% to end last week on perception of improving situations in Greece, U.S. housing, U.S. jobs, and U.S. manufacturing. This week is light on economic data (calendar below), and jobs reports will be the highlights. Rates are slightly lower to begin this week as mortgage bonds rally to regain some of last
CONFORMING RATES ($200,000 to $417,000) 0 POINT 30 Year: 4.75% (4.87% APR) FHA 30 Year: 4.5% (4.62% APR) 5/1 ARM: 3.375% (3.495% APR) SUPER-CONFORMING RATES ($417,001 to $729,750 cap by county) 0 POINT 30 Year: 4.875% (4.995% APR) FHA 30 Year: 4.625% (4.745% APR) 5/1 ARM: 3.625% (3.745% APR) JUMBO RATES ($729,751 to $2,00,000) 1
Last Saturday’s WeeklyBasis said rates should be even but could rise slightly on Greece debt crisis progress and Bernanke confirming a June 30 end to QE rate stimulus. Rates actually dropped slightly as Greece worries persist, Bernanke threw up his hands on the jobless conundrum, and weak economic data prevailed: 1.9% GDP for 1Q2011, weekly
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