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Archive for the 'Today's Mortgage Rates' Category

Using the Mortgage Form in BeatMyBroker.com

Wednesday, November 4th, 2009

If you have been to our website and have not used the mortgage inquiry form for your next refinance or purchase, please view the video below for a quick and easy explanation on how to utilize the form to find the lowest mortgage rates!

Direct Link to Lowest Mortgage Rates YouTube video

Rates for 11-13-08

Thursday, November 13th, 2008

Late Rates…
Late post on rates, however, if you went to lock today, you will have noticed that rates went UP.  Sorry.
Expect near 6% on a 30 year fixed through competitive lenders.

Rates for 11-10-08

Monday, November 10th, 2008

Rates are basically unchanged from Friday.  They are still competitive at 5.75% on a 30 year fixed for good to excellent credit borrowers.  ARM’s should be pricing better by about .25% or more.
This is not an offer to lend.

Rates for 11-07-08

Friday, November 7th, 2008

Expect rates to be worse than yesterday by 1/8th of a percent.  It could be worse by 1/4 of a percent depending on the market.  5.875% on a 30 year fixed is average, some competitive lenders still offer 5.75% at par.

Rates for 11-6-08

Thursday, November 6th, 2008

Credit seems to be flowing more freely, the stock market is under 9,000, and rates are DOWN too.  Competitive 30 year fixed mortgage rates should be at or near 5.75% for good to excellent credit borrowers on conventional loans.

Rates for 11-3-08

Monday, November 3rd, 2008

Mortgage rates are up for fixed loans. 6.00% is a competitive rate for those with good to excellent credit.
Adjustable rate mortgages are being offered as low as 5.375% on 5/1 ARMs.
These are not offers to lend.

10-24-2008

Friday, October 24th, 2008

Mortgage rates across the board are up today.  Stock markets opened weak following huge sell offs in overseas markets.  Typically when the market is tanking like this, people invest in bonds as well as mortgage backed securities.  When mortgage backed securities are being purchased, the price goes up and the yield goes down - which [...]

Rates 10-22-08

Wednesday, October 22nd, 2008

Today’s mortgage rates are essentially unchanged from yesterday with a chance for high rate volatility. 
The best mortgage rates for 30 year fixed loans under certain terms are near 5.75%.  Points may apply.  This is not an offer to lend.