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Santa Barbara Weekly Mortgage Watch

By
Real Estate Agent with Santa Barbara Real Estate 00898298

Freddy Mac’s Primary Mortgage Market Survey August 2015

30 year fixed rate mortgage rate fell to 3.91% this week compared to 3.89% last week. Lowest 30 year rate touched in the last 10 years is 3.55%.

15 year mortgage rate fell to 3.13% this week compared to 3.17% last week. Lowest 30 year rate touched in the last 10 years is 2.83%.

5/1 Adjustable Rate Mortgatge is 2.95%, just the same as last week. Lowest 5/1 Adjustable Rate Mortgage touched in the last 10 years is 2.75%.

Mortgage rates remained level over the last week.

Posted by

Mark Danforth Lomas

David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

While FHLMC info may be somewhat true as of today they are off as the bonds have had a healthy 50+bps gain!

Nice day to lock!

Aug 19, 2015 07:08 AM
John Pusa
Glendale, CA

Mark - These are very good detailed Santa Barbara weekly mortgage stats.

Aug 19, 2015 02:02 PM
Mark Lomas
Santa Barbara Real Estate - Santa Barbara, CA
Experience You Can Count On!

David Shamansky thanks for your comment on Kirsten's Active Rain page. Sorry for the duplication - was just trying to amp the "Rainmaking" here. Your insight is much appreciated! All the best!

Aug 21, 2015 07:30 AM