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The Latest Mortgage News

Let AmeriSave Mortgage Corporation 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: 10/14/14 10:15 AM

news
Mortgage Rates Fall
Mortgage rates dipped last week on concerns of global economic weakness. There were some dovish comments by Federal Reserve speakers that also provided steam for the rally in bonds. Equities were under pressure and mortgage rates benefited. Mortgage rates broke below their summer range last week and are at recent lows.

Posted: 10/06/14 10:49 AM

news
Mortgage Rates Ease
Mortgage rates moved lower last week despite another report showing solid job growth. They are still within their recent range and look to continue in the current pattern for the near-term. Mortgage rates will move with the headlines and normal flows this week as there is little economic data on tap.

Posted: 09/29/14 9:56 AM

news
Mortgage Rates Flat
Mortgage rates were flat last week as no data or headlines moved the market. Supply and demand is driving the direction of mortgage rates in the absence of anything else to create movement in the market. Rates remain within the range that began in May and the near-term outlook is for them to remain in the range.

Posted: 09/22/14 10:12 AM

news
Mortgage Rates Increase
Mortgage rates have increased to the high end of their recent range after the FOMC ended its asset purchase program. Economic data continues to show an improving outlook and the FOMC also released a more aggressive rate hike outlook for when the time comes to increase rates. Mortgage rates were under pressure, but supply still out-weighs demand in the underlying markets.

Posted: 09/08/14 11:08 AM

news
Mortgage Rates Flat
Mortgage rates were mostly flat last week after nonfarm payrolls disappointed. Job gain were the lowest since December 2013, however an initial improvement to mortgage rates faded as Friday s session wore on. Once again look for mortgage rates to trade in their recent range until there is a significant headline to change their direction.

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Today's Mortgage Rates

Loans up to $417,000 Rate* APR* Points*
30 Year Fixed 3.375 3.726 4.087
15 Year Fixed 2.500 2.972 3.083
7 Year ARM 2.250 2.846 3.955
5 Year ARM 1.875 2.774 3.965
3 Year ARM 2.500 2.984 3.490
FHA Rates Rate* APR* Points*
30 Year Fixed 3.250 4.279 -0.094
15 Year Fixed 2.750 3.443 -0.225
Veteran Loan Rates Rate* APR* Points*
30 Year Fixed 3.250 3.389 0.081
15 Year Fixed 2.750 2.988 -0.097
USDA Rates Rate* APR* Points*
30 Year Fixed 3.250 3.783 0.520
*Rate/APR/Points for $260K loan,
Massachusetts property, middle credit score 740,
80% LTV, Rates effective 10/24/2014
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This material is not provided by, nor is it approved by the Department of Housing & Urban Development (HUD) or by the Federal Housing Administration (FHA).

AmeriSave Mortgage Corporation, NMLS ID #1168, (www.nmlsconsumeraccess.org); Corporate Office: One Capital City Plaza, 3350 Peachtree Road NE, Suite 1000, Atlanta, GA 30326. Additional licensing information may be found by clicking here on this "Licensing" link. For questions regarding state licensing, please contact (866) 970-7283. Not all products and options are available in all states. Terms are subject to change without notice. Some people portrayed are professional models. ©2014 AmeriSave Mortgage Corporation.
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