what are the current interest rates for a 30 year fixed loan on A paper with Fico's 670 or higher in Calif.

Answer 1

Hello -

30 Yr Fixed as of 6-19 6.74%
30 Yr Fixed 2-1 Buydown 4.74%

The truth about getting the best rate. Interest rates move everyday and the reason they do is because mortgage-backed securities are traded on a daily basis on the Chicago Board of Trade. When mortgage-backed securities are traded, they move in accordance with other economic developments that are occurring.

"The stock market has a very dynamic relationship with the trading of mortgage-backed securities. Typically, when stocks are selling off, mortgage-backed securities are rallying and vice versa. When stocks are rallying mortgage-backed securities are selling off because of the dynamic of the competition between stocks and bonds. But also, on a weekly and monthly basis, we receive certain economic data that we can rely to have an impact on the stock and mortgage-backed security markets.

"The important reports we assess and analyze as they come out each month are as follows:

Initial claims for unemployment and the unemployment data are available at the beginning of each month. The first Friday of every calendar month, we receive the unemployment data for the previous month. If unemployment is up, typically what happens is that we have a rally of mortgage-backed securities. If unemployment is down and shows strength in the economy, mortgage-backed securities will tend to sell off.

The producer price index and consumer price index reports are also very important. They gauge the potential for inflation on a producer and retail level. Retail sales data is actually watched very closely, as is consumer confidence and consumer spending. If consumer confidence and consumer spending are down, this spells trouble for the future of the economy. Typically what will happen is that mortgage-backed securities will rally and stocks will sell off."

"You can see, it's really important that on a daily and weekly basis we watch these reports in an effort to get a snapshot of what is going to occur over the next several weeks as it relates to interests rates.

"In addition to analyzing these reports on my own, we have a very close relationship with the head mortgage analyst for CNBC television in New York, who emails and corresponds with me three-to-five times a week regarding the movements in mortgage interest rates. The nice thing is that we have a very tight finger on the pulse and often times know what's going to happen with mortgage rates before the developments even occur."

Answer 2

popular 30 three hundred and sixty 5 days fixed with none variations ( as a results of fact i don't be conscious of your credit or ultimate own loan to cost) is working 5.25 - 5.5% On an FHA 30 three hundred and sixty 5 days fixed you're finding at with regard to a similar.

Answer 3

I work for a nation wide direct wholesale lender. I can promise you would get the best rate best program, based upon your situation. If you would like more information you can contact me at (818)-921-8807. My name is Jason Wyatt. I look forward to helping you.

Answer 4

If you have no mortgage lates and no recent late payments. Your looking at a 6.375% - 6.5%. You should check out this website for information on loans in California. They offer free appraisal, no credit check fee, and no application fee.

http://www.firstmeridiancapital.com/MortgageCalculators

Answer 5

Approximately speaking 6.5% - 7%.

This varies though depending on your specific situation in regards to LTV, amount of loan, whether your purchasing or refinancing, pre-payment penalties, type of property, etc...

Every situation is different.

Answer 6

Check with some California lenders, a phone call will do.

Answer 7

6.5% - 6.85% depending on other criteria such as Debt to income, Loan to value, and who's offering the loan, what points there are, etc...

Answer 8

call some lenders try countrywide home loans

Answer 9

Try www.paylessloans.com