Mortgage Blog

What's the rate trend?

March 20th, 2019 11:05 PM by Eric Fang

A client asked me today. And I said that the rate will start going down, and it will go down for the next 3-5 years. I hope I am right again this time.

Some good rates, 15 yr fixed 3.625% conforming; 30 yr fixed 4% now. Some 10/1 ARM rental 4.25% percent. Let's put APR 4.76% for 30 yr fixed or ARM. Those rates are for no closing cost at all.
Posted in:General
Posted by Eric Fang on March 20th, 2019 11:05 PM

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