Mortgage Blog

We had lenders with good 15 yr fixed a few weeks ago;
lender had very good rates for high-balance loans.

But recently, there are some changes:
1)High balance rates are higher. The lenders/investors
are doing this on purpose. They are balancing the
portofolio. So currently, they don't want to have too
much high balance loans.

2)15 Yr fixed rates (comparatively) higher. But 30
yr fixed rates are pretty good. The best case for 30
yr fixed is around 3.75% now.

We will expect the rates will stay at this level for some
time, until some uncertainty in Europe again.

I did predict the rates going lower. But it will not
happen in October or early Nov.