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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: 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.

Posted: 09/02/14 9:37 AM

news
Mortgage Rates Ease
Mortgage rates moved slightly lower in their recent summer range leading into the Labor Day holiday weekend. Economic data was light last week as many market participants were also on holiday. The beginning of this holiday-shortened week is also light on data; however nonfarm payrolls are released Friday morning. Friday s data always has the potential to move mortgage rates.

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.

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Today's Mortgage Rates

Loans up to $417,000 Rate* APR* Points*
30 Year Fixed 3.750 4.054 3.451
15 Year Fixed 2.625 3.240 4.032
7 Year ARM 2.625 2.989 3.586
5 Year ARM 2.250 2.883 3.707
3 Year ARM 2.500 3.010 3.809
FHA Rates Rate* APR* Points*
30 Year Fixed 3.250 4.453 1.950
15 Year Fixed 2.750 3.642 1.363
Veteran Loan Rates Rate* APR* Points*
30 Year Fixed 3.250 3.558 2.198
15 Year Fixed 2.750 3.200 1.487
USDA Rates Rate* APR* Points*
30 Year Fixed 3.250 3.984 2.898
*Rate/APR/Points for $260K loan,
Massachusetts property, 740 FICO, 80% LTV,
Rates effective 09/15/2014
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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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