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Rate APR Points
5/1 Conforming ARM
2.375% 2.767% 0.000
Conv. 15 Yr Fixed
2.750% 2.882% 0.000
FHA 30 Yr Fixed
3.250% 4.792% 0.000
Conv. 30 Yr Fixed
3.625% 3.690% 0.000
Jumbo 30 Yr Fixed
3.875% 3.891% 0.000
Oct 22 2014, 09:06AM MT
Assumptions  Apply Here

Today's Interest Rate News

October 22, 2014; 9:09am

Good morning!

Interest rate trends: Today – Flat; 10 days – Lower; 25 days – Lower

Interest rate recommendation:  Floating this morning, potential locking later today.

Mortgage bonds (MBS’s) are performing well at the moment, they are up +5bps from being negative earlier.  Today’s CPI, inflation report, came in weaker than expected.  While MBS’s are better than earlier, we will float and watch this morning.  However if MBS’s start to lose ground this afternoon, we will change to a locking recommendation.  Interest rates remained the same today as yesterday and the Stock markets are relatively flat.  No big movements either way.  Have a great day!  

  

   

     

 

  

 

  

   

   

 

 

 

 

 

 

    

   

 

   

   

  

   

 

  

 

 

 

  

 

 

Phone: 800-706-6648 | Fax: 800-660-9110
Great American Lending LLC (NMLS# 201546) | 845 E. 3450 N., North Ogden, Utah 84414

http://www.nmlsconsumeraccess.org/