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News

The Latest Mortgage News

Let Amerisave keep you in touch with the changes in the industry.

Visit this page daily to see up to date articles that can help you with your buying decisions.

Posted: 07/28/14 9:53 AM

news
Mortgage Rates Edge Up
Mortgage rates edged up slightly last as the markets settled back down after digesting overseas headlines. In addition, mortgage rates came under pressure after a better than expected initial jobless claims reading. While rates remain in their recent range, the payroll data at the end of this week has the potential to continue to add upward pressure on mortgage rates.

Posted: 07/21/14 9:18 AM

news
Mortgage Rates Flat
Mortgage rates remained flat last week as there was minimal economic data coming out of the US. The markets focus mostly on international headlines and though they were able to briefly move mortgage rates mid-week, the markets were settled by week s end. Look for rates to remain in their recent range barring any unforeseen escalation in international events.

Posted: 07/14/14 2:51 PM

news
Mortgage Rates Decline
Mortgage rates declined slightly last week as bond auctions saw decent demand. Mortgage rates continue in their 3-month range and no major movements are expected this week.

Posted: 07/07/14 9:29 AM

news
Mortgage Rates Increase
Mortgage rates increased last week after stronger than expected payroll numbers as well as a long holiday weekend put pressure on bonds towards the end of the week. The upcoming week is lighter on economic data, but there are a few bond auctions that could dictate the direction of mortgage rates. Overall mortgage rates remain low and will likely stay in their current range in the near term.

Posted: 06/30/14 9:57 AM

news
Mortgage Rates Improve
Mortgage rates remained in the lower end of their recent range after the third Q1 GDP report showed and unexpected decrease. The upcoming week is quiet as far as data in concerned and markets will close early on Thursday and be closed on Friday for the July 4th holiday. There should be no major movement in the mortgage rates market this week.

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Today's Mortgage Rates

Loans up to $417,000 Rate* APR* Points*
30 Year Fixed 3.750 4.036 3.236
15 Year Fixed 2.625 3.220 3.890
7 Year ARM 2.500 2.945 3.747
5 Year ARM 2.125 2.870 4.082
3 Year ARM 2.500 3.018 3.902
FHA Rates Rate* APR* Points*
30 Year Fixed 3.250 4.430 1.690
15 Year Fixed 2.750 3.668 1.530
Veteran Loan Rates Rate* APR* Points*
30 Year Fixed 3.250 3.538 1.940
15 Year Fixed 2.750 3.225 1.653
USDA Rates Rate* APR* Points*
30 Year Fixed 3.250 3.881 2.469
*Rate/APR/Points for $260K loan, Massachusetts property, 740 FICO, 80% LTV, Rates effective 07/30/2014.
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