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News

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: 08/25/14 9:57 AM

news
Mortgage Rates Flat
Mortgage rates were flat last week given the light economic data and lack of concern with overseas headlines. The upcoming week is not packed with data either, although a second look at Q2 GDP is released on Thursday. Look for mortgage rates to remain in their summer range.

Posted: 08/18/14 9:54 AM

news
Mortgage Rates Improve
Mortgage rates improved towards the end of last week as headlines from overseas drove investors from equities to bonds. The upcoming week is once again light on economic data so look for headlines to drive the direction of mortgage rates.

Posted: 08/11/14 10:02 AM

news
Mortgage Rates Flat
Mortgage rates were flat last week as the markets digested overseas headlines. Economic data is light this week so expect more of the same for mortgage rates.

Posted: 08/04/14 12:22 PM

news
Mortgage Rates Rise
Mortgage rates increased mid-week last week after data showing strong employment gains were released. After Friday s employment mortgage rates eased slightly, but still finished the week above where they started.

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.

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Today's Mortgage Rates

Loans up to $417,000 Rate* APR* Points*
30 Year Fixed 3.625 3.911 3.272
15 Year Fixed 2.500 3.096 3.914
7 Year ARM 2.375 2.971 3.947
5 Year ARM 2.125 2.932 3.830
3 Year ARM 2.500 3.099 3.682
FHA Rates Rate* APR* Points*
30 Year Fixed 3.250 4.336 0.641
15 Year Fixed 2.750 3.512 0.470
Veteran Loan Rates Rate* APR* Points*
30 Year Fixed 3.250 3.453 0.893
15 Year Fixed 2.750 3.072 0.596
USDA Rates Rate* APR* Points*
30 Year Fixed 3.250 3.800 1.508
*Rate/APR/Points for $260K loan,
Massachusetts property, 740 FICO, 80% LTV,
Rates effective 08/29/2014
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Mortgage Rate Alerts
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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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