Daily Mortgage Rate Update

Daily Mortgage Rate Update

Fed’s are meeting again today and everyone is anticipating that they will raise rates again for the 8th time since 2015! 

NOW is the time to find a home and lock in rates! Contact me (whitney@whitneyminnich.com or 503.953.6240) today so we can find you the right home. Even Karr with Priority Home Lending can shop rates around between banks and lenders to get you the best deal and the best loan.  


Rates for 9/26/2018 as of 9:00 AM. Rates are slightly UP compared to 9/25 in anticipation of the rate hike.

Assumptions: 30 day lock, on a purchase loan for a primary home, loan amount of $300,000 (75% loan-to-value) with taxes and insurance and with credit scores of 740+. APR is not the interest rate but reflects the rate with charges that are paid to get a loan. Rates are subject to change without notice. JUMBO pricing is based on 20% down, 6 months reserves, and a 550K loan amount. All other assumptions are the same.
Market - 10 year treasury yield is FLAT today and at about  3.083%+    

https://www.cnbc.com/quotes/?symbol=US10Y

For more information and the latest market update contact Evan Karr with Priority Home Lending.














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