Interest Rate Trends and Recommendation

November 26th, 2013

Good morning!
Interest rate trends: Today – Flat; 10 days – Higher; 25 days – Higher
Interest rate recommendation: Locking
MBS’s begin the day slightly better, but after a better than expected Building Permits report, MBS’s are back to flat levels. We will have Consumer Confidence figures at 8:00am as well. With MBS’s being mostly flat yesterday and so far this morning, we will continue our locking bias into this holiday long weekend. The next Market News and Interest Rate email will be on Monday December 2nd. Have a great day and very enjoyable long Thanksgiving weekend!
This email is sent out once per day, but on our website, on the “Interest Rates” page, you will see a “Current rate trend” indicator to see what interest rates are doing throughout the day.
30 year fixed rate: 4.000% with 4.125% APR.
20 year fixed rate: 4.000% with 4.101% APR.
15 year fixed rate: 3.000% with 3.217% APR.
10 year fixed rate: 3.000% with 3.236% APR.
Use the link below to see all our posted interest rates:
Please visit http://www.GreatAmericanLending.US for further information and/or to apply.
We hope to earn your business.
Have a great day and thank you for choosing Great American Lending.
Thank you.
Dale Packer, MBA
Spencer Packer – Colorado & Utah