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Full Rate Sheet Wednesday

Rates Effective October 4th, 2017 10:30 AM ESTCall for exact quotes for your individual situation - 205-266-5669No origination fee on all posted ratesConforming loans $424,100 and underFixed Rates30-Year Fixed 3.875% (3.961%APR)15-Year Fixed 3.250% (3.397% APR) Adjustable Rate Mortgage fixed first 10 years using a 30 year amortization7-1 ARM 3.625% (3.910% APR)(Call for other ARM rates) Lender Paid Private Mortgage Insurance30 Year Fixed 90% 4.125% (4.213% APR)30 Year Fixed 95% 4.250% (4.339% APR) Jumbo Loans over $424,100 and over30-Year Fixed 4.125% (4.169% APR)15-Year Fixed 3...

October 4th, 2017 Full Rate Sheet Wednesday

Mortgage Rates & Home prices rise!

Rates Effective October 3rd, 2017 10:30 AM EST*30-Year Fixed Rate 3.875% (3.961%APR)**15-Year Fixed Rate 3.250% (3.397% APR)Conforming loans $424,100 and underNo origination fee on all posted rates.  Call for other rates. ***Rate Assumptions below the news Suggestions that can change during the day: Mortgage Bond prices are edging higher, despite the move up in the major Stock indexes. Carefully floating is recommended.After close Commentary:  Not much action in the Treasury or Mortgage Bond markets today with the rally in Stocks rolling on. There were no economic repo...

October 3rd, 2017 Mortgage Rates & Home prices rise!

Mortgage Rates & News

Rates Effective October 2, 2017 10:30 AM EST *30-Year Fixed Rate 3.875% (3.961%APR)**15-Year Fixed Rate 3.250% (3.397% APR) Conforming loans $424,100 and under No origination fee on all posted rates.  Call for other rates. ***Rate Assumptions below the newsSuggestions that can change during the day: Mortgage Bond prices are modestly higher, while Stocks are also in positive territory as the fourth quarter gets underway. Carefully floating is recommended.After close Commentary: Not a lot of action in the Mortgage Bond markets today as Stocks rallied and closed at record...

October 2nd, 2017 Mortgage Rates & News

Mortgage Rates & Core PCE lowest since Nov 2015

Rates Effective September 29, 2017 10:30 AM EST*30-Year Fixed Rate 3.875% (3.961%APR)**15-Year Fixed Rate 3.250% (3.397% APR)Conforming loans $424,100 and underNo origination fee on all posted rates.  Call for other rates. ***Rate Assumptions below the newsSuggestions that can change during the day: Low inflation data is supporting Mortgage Bond prices this morning, while the S&P 500 Stock Index trades near unchanged. Carefully floating is recommended.After close Commentary: Coming Soon Late morning Commentary:  Inflation in the U.S. continued to run at low levels in August....

September 29th, 2017 Mortgage Rates & Core PCE lowest since Nov 2015

Mortgage Rates & 2nd Quarter Strong GDP

Rates Effective September 28, 2017 10:30 AM EST*30-Year Fixed Rate 3.875% (3.961%APR)**15-Year Fixed Rate 3.250% (3.397% APR) Conforming loans $424,100 and under No origination fee on all posted rates.  Call for other rates. ***Rate Assumptions below the newsSuggestions that can change during the day: Mortgage Bond prices are near unchanged and are being supported by lower Stock prices. Floating seems like a good idea.After close Commentary: Mortgage Bonds were able to squeak out gains in today's session, despite the S&P closing at a fresh record high. After their r...

September 28th, 2017 Mortgage Rates & 2nd Quarter Strong GDP

Mortgage Rates & Massive Tax Plan

Full Rate Sheet Wednesday:  https://www.johnmarbury.com/blog/10302/full-rate-sheet-wednesdaySuggestions that can change during the day: A pending tax reform announcement from the Trump administration later today weighs on Bond prices this morning. Carefully floating is recommended.After close Commentary: Coming Soon Late morning Commentary:   Coming SoonWed, Sep 27 10:17 AM Stocks give up some gains.Wed, Sep 27 10:00 AM August Pending Home Sales -2.6% vs -0.4% expected. The NAR says the housing market has stalled with such low inventories and a spike in home price...

September 27th, 2017 Mortgage Rates & Massive Tax Plan

Contact

John Marbury
jcmarbury@centerstatebank.com
Mortgage Lender NMLS# 514390
NMLS# 740833
Phone:205-266-5669
Fax: 866-217-4174

600 Luckie Drive Suite 200
Birmingham, Alabama 35223
 

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