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Mortgage Rates & Fed Minutes

Rates Effective October 11th, 2017 10:30 AM EST*30-Year Fixed Rate 4.000% (4.087%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: Mortgage Bonds prices are being boosted by a flat Stock market. Carefully floating is recommended.After close Commentary: Coming SoonWed, Oct 11 3:03 PM The Fed minutes revealed that despite low inflation levels, the Fed appears comfortable with hiking rates. There is currently an 87% cha...

October 11th, 2017 Mortgage Rates & Fed Minutes

Mortgage Rates & the Great Unwind Begins this week

Rates Effective October 10th, 2017 10:30 AM EST*30-Year Fixed Rate 4.000% (4.087%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: Mortgage Bonds are edging higher to begin the holiday shortened week. Carefully floating is recommended.After close Commentary: The Fannie Mae 30-yr 3.5% coupon closed at its midway point in today's trading range closing near unchanged, despite the Dow hitting a fresh record high. The Bond...

October 10th, 2017 Mortgage Rates & the Great Unwind Begins this week

Mortgage Rates & Hourly Earnings are Hot!

Rates Effective October 6th, 2017 10:30 AM EST*30-Year Fixed Rate 4.000% (4.087%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: The September Jobs Report showed strong wage growth, which pushed Mortgage Bond prices lower. This might be the beginning of rates trending higher.After close Commentary: Coming SoonLate morning Commentary:   The Labor Department reported on Friday that payroll growth declined in...

October 6th, 2017 Mortgage Rates & Hourly Earnings are Hot!

Wicking T-Shirt

To get a free T-Shirt be one of the first 100 to email jmarbury@nationalbankofcommerce.com your size  and agree to be on our Bi-Weekly Email Rate Sheet and News letter.  You will be able to pick up the T-Shirt at:813 Shades Creek ParkwayBirmingham AL 35209 

October 6th, 2017 Wicking T-Shirt

Mortgage rates & Employment Friday

Rates Effective October 5th, 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:  12:47 PM Stocks are up bond prices are lower.  Rates are subject to change. Lock is suggested  or you can roll the dice and see what happens tomorrow.After close Commentary: Coming Soon Late morning Commentary:   Mortgage rates edged higher in the latest week thou...

October 5th, 2017 Mortgage rates & Employment Friday

Mortgage Rates & ADP today Employment on Friday

Full Rate Sheet Wednesday!  https://www.johnmarbury.com/blog/10348/full-rate-sheet-wednesdaySuggestions that can change during the day:  Mortgage Bond prices are near unchanged after slow job growth in August was reported by ADP. Carefully floating is recommended.After close Commentary: Not much movement in Bond prices today as the surge in the ISM Service Index kept a lid on any upward movement. The 30-yr Fannie Mae 3.5% coupon closed at 103.16, +3bp, just above support at the 100-day Moving Average (103.11). Stocks were able to squeak out gains which led to record cl...

October 4th, 2017 Mortgage Rates & ADP today Employment on Friday

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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