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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: 12/08/14 9:30 AM

news
Mortgag Rates Increase
After briefly touching new recent lows on Monday, mortgage rates increased throughout the week up to Friday s nonfarm payroll report. The report showed greater than expected job creation, which hurt mortgage rates due to speculation that the Fed would begin to increase their target funding rate sooner than anticipated. In the near-term mortgage rates are still below their summer range and don t appear poised to breakout significantly higher just yet.

Posted: 12/01/14 9:27 AM

news
Mortgage Rates Decline
Mortgage rates declined slightly during the short holiday week. Volume was light and was enough to move rates. The new month brings new employment data later this week as the year draws to an end. Mortgage rates continue to remain neat recent lows and barring any significant job creation or noteworthy retail sales data they will likely remain near these levels in the near term.

Posted: 11/24/14 9:04 AM

news
Mortgage Rates Lower
Mortgage rates drifted towards the lower end of their recent range last week. There was little in the way of economic news to move mortgage rates. The minutes from the FOMC didn t reveal any surprises and the market continued to trade sideways. Look for mortgage rates to show little movement this shortened holiday week.

Posted: 11/17/14 9:47 AM

news
Mortgage Rates Flat
Mortgage rates were flat last week as there was little in the way of economic data. This week is another quiet week on the economic calendar so look for mortgage rates to remain in their current range.

Posted: 11/10/14 9:34 AM

news
Mortgage Rates Volatile
Mortgage rates were volatile last week, but finished the week slightly lower after another positive jobs report. Mortgage rates remain below their summer range though above recent lows. This week is shaping up to be a quiet week for rates with the bond market closed for Veterans Day and no major economic data on tap.

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Today's Mortgage Rates

Loans up to $417,000 Rate* APR* Points*
30 Year Fixed 3.375 3.666 3.341
15 Year Fixed 2.500 2.985 3.133
7 Year ARM 2.375 2.960 3.761
5 Year ARM 1.875 2.858 3.936
3 Year ARM 2.250 2.913 2.010
FHA Rates Rate* APR* Points*
30 Year Fixed 3.250 4.302 0.220
15 Year Fixed 2.750 3.680 1.575
Veteran Loan Rates Rate* APR* Points*
30 Year Fixed 3.250 3.423 0.473
15 Year Fixed 2.750 3.255 1.825
USDA Rates Rate* APR* Points*
30 Year Fixed 3.250 3.812 0.828
*Rate/APR/Points for $260K loan,
Massachusetts property,
middle credit score 740,
80% LTV, Rates effective 12/18/2014
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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: 3525 Piedmont Rd NE, 8 Piedmont Center, Suite 600, Atlanta, GA 30305. 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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