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Purchase

First Time Buyer?
Working with a Envoy representative can make your home buying process smooth and fun!  We have specialists for FHA, conventional, and construction financing ..  [read more]

More Purchase Post

  • 30 Year Fixed
  • Interest Only
  • ARM Loans

 

Refinance

Refinance Center
We can advise and walk you through the entire process of refinancing your home. It doesn’t always make sense to refinance, and we’ll be there to help you understand .. [read more]

More Refinance Posts

  • Maximize your Investment
  • Should you refinance?
  • Build Home Equity Faster
  • Mortgage Refinance Costs

 

Free Mortgage Market Update

 Current Rates
Interest Rates
ProgramRatePointsAPR
Conforming Program
30 Year Fixed
4.500%1.0004.604%
20 Year Fixed
4.250%1.0004.392%
15 Year Fixed
3.750%1.0003.929%
Government Program
FHA 30 Year Fixed
4.375%1.0004.479%
Full Rate SheetApply Now
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Secondary Market1/27/2012 12:00:00 AM
Agencies30-Day60-Day
FHLMC 3.980 3.880
Fannie Mae 3.240 3.170
Weekly Indices this weeklast week
1 yr T-Bill 0.110 0.100
3 yr T-Note 0.310 0.360
5 yr T-Note 0.750 0.890
25+ yr T-Bond 3.060 3.100
Core - Research Market Commentary Brief Friday’s bond market initially opened in positive territory again following weaker than expected results from some key economic data, but it has since given back most of those gains. The stock markets are having a negative reaction to the same news, with the Dow down 62 points and the Nasdaq down 2 points. The bond market is currently up 1/32, which should lead to an improvement in this morning’s mortgage rates of another .125 - .250 of a discount point.


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