Mortgage Rates At The Open:
Mortgage rates will start the day at similar levels as both Mortgage Backed Securities and Treasuries opened the day in negative territory. Mortgage rates may improve for some lenders as the selling reversed course and started to rally after this mornings economic data was released. Both 30 year fixed and 15 year fixed rate options remain the most attractive loan programs as we move further into February.
Mortgage Rates This Week:
It will be an interest week for mortgage rates. With only a few important economic reports this week we could see both the bond market and mortgage rates make sharp moves on news stories related to the potential of another government shutdown and trade tensions with China.
Refinance Your Mortgage:
If you live in California you may want to consider a refinance of your current mortgage. Fixed mortgage rates are near their one year low and processing times are fast.
JB Mortgage Capital, Inc.
If you are looking to purchase a home or refinance a mortgage in the State of California please be sure to contact us for a no-cost/no-obligation quote. Feel free to visit us online (low california mortgage rates) or call us directly at 1-800-550-5538.
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