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Latest from the blog

Under Pressure - Mortgage Rates Begin New Year

Information credited to MortgageNewsDaily.com Mortgage rates are theoretically supposed to go higher in 2018.  Any upward pressure on economic growth or inflation (courtesy of the tax bill, perhaps?) is bad for rates, all things being equal.  Economic growth increases mar...

Mortgage Rates May Temporarily Spike Due To Tax Bill

Information credited to NationalMortgageNews.com The tax bill Congress sent to President Trump's desk this week is likely to prompt at least a short-term spike in mortgage rates, according to Freddie Mac.   30-Year FRM 15-Year FRM 5/1 -Year ARM ...

IndexRate
U.S. Prime Rate4.500
12 Month LIBOR2.164
6 Month LIBOR1.880
COFI 11th District0.746
1 Year CMT1.770
10 Year CMT2.540
Last updated: 01/13