Start Here

About Us

Apply Now

Apply Online

Next Steps

Next Steps

Our Rates

View more rates or programs.

Rate APR Points
Conv. 15 Yr Fixed ($300,000 loan, $400,000 value)
2.990% 3.117% 0.000
FHA 30 Yr Fixed ($289,500 loan, $300,000 value)
3.500% 4.537% 0.000
Conv. 30 Yr Fixed ($300,000 loan, $400,000 value)
3.875% 3.903% 0.000
Jumbo/High Balance 30 Yr Fixed ($600,300 limit, Salt Lake & Summit Counties)
3.875% 3.900% 0.000
May 22 2015, 10:28AM MT
Assumptions  Apply Here

Today's Interest Rate News

May 22, 2015; 10:29am

Good morning!

Interest rate trends: Today – Higher; 10 days – Higher; 25 days – Higher

Interest rate recommendation:  Locking

Mortgage bonds (MBS’s) are currently worsening at -38bps.  CPI inflation numbers came in slightly higher than expected for April, up +0.1%.  The better CPI has caused MBS’s to worsen, but the extent of the meltdown we are seeing is likely due to lack of trading on this holiday shortened Friday.  Fed Chairwoman Yellen is up next to speak today, those that are still working will likely respond to Yellen’s comments.  It is not unusual to have a sell off on Friday before a holiday weekend.  The next Market News and Interest rate email will likely be June 5th.  If you have any questions regarding interest rates or direction of the market, you can still contact us any day at the numbers below.  Thank you and have a nice holiday weekend.