Poor economic news is piling up this week, and mortgage rates are benefitting.
Thus far into 2017, the economy seemed to be on a real tear. The stock market was rallying and economic indicators were positive.
This week, a report was released showing new home construction has stalled, at least momentarily.
Homebuilder confidence dropped, too.
Mix in global conflict, and it's a recipe for low rates -- at least momentarily. It could be the perfect time to lock in a rate.
Below are examples of interest rates for loans available today.
Based on loan amount $400,000.00+
Thus far into 2017, the economy seemed to be on a real tear. The stock market was rallying and economic indicators were positive.
This week, a report was released showing new home construction has stalled, at least momentarily.
Homebuilder confidence dropped, too.
Mix in global conflict, and it's a recipe for low rates -- at least momentarily. It could be the perfect time to lock in a rate.
Below are examples of interest rates for loans available today.
Based on loan amount $400,000.00+
Rates displayed are subject to change and assumes that you are buying or refinancing an owner-occupied single family home.PROGRAM RATE APR* FEES
Conventional 30 yr. Fixed 3.875% 3.875% $0 (None)
Conventional 15 yr. Fixed 3.000% 3.00% $0 (None)
Conventional 5 yr. ARM 3.125% 3.125% $0 (None)
Conventional 7 yr. ARM 3.250% 3.875% $0 (None)
30 years Fixed FHA 3.695% 3.695% $0 (None)
15 years Fixed FHA 3.295% 3.295% $0 (None)
30 years Fixed VA 3.375% 3.375% $0 (None)
15 years Fixed VA 3.000% 3.00% $0 (None)
JUMBO 30 yr. Fixed 4.125% 4.125% $0 (None)
JUMBO 15 yr. Fixed 3.695% 3.695% $0 (None)
Rates displayed are based on the borrowers having credit scores 740+ Subject to underwriting approval. Not all applicants will qualify
BBB A+
Apply on line:http://visionquestlending.com/free-quote/index-test.php
Sincerely,
Tony Nguyen | NMLS#93776
Vision Quest Lending | 2860 Michelle Drive, Suite 140, Irvine, CA 92606
Direct 714-464-8042 | 877-318-0992 x6502 | Fax 866-394-9352
Email | tony@vqlending.com
Website | www.visionquestlending.com