NewBridge International Realty logo
SIGN UP or LOG IN 's Account

Log in to see your saved listings or edit your searches:

No account? Sign up now to save searches, listings, and get tailored listing notifications. It’s free, opt-out anytime.

Find Your New Home

Sign Up Today!

Get fresh listings via email, save your favorite listings, match with similar properties, and unlock additional property info.

Create Your Account

Do not fill in this field:

Already have an account? Log in

Back To Blog

Weekly Mortgage Message from our in-house Mortgage Master Specialist Colleen Polson


Loan Program

Up to $417,000

$417,001 - $601,450


30 yr Fixed Rate

3.875% APR 3.951%

4% APR 4.066%

3.75% APR 3.791%

15 yr Fixed Rate

3% APR 3.127%

3.375% APR 3.472%

3.25% APR 3.326%

5/1 Adjustable Rate

3% APR 3.132%

2.75% APR 2.813%

2.75% APR 2.794%

Single family, owner occupied, 80% loan to value, 740 or better fico

Current Trend Direction: Higher, right at resistance

Advise Your Clients: Locking

Current Price of FNMA 3.5% Bond: $103.97, -3bp

Stocks are higher, but well off of their best levels as oil has started to slip lower again. This has helped Bonds gain some ground off of their worst levels. lso helping Stocks were positive earnings reports from Bank of America and Morgan Stanley. 

China reported 6.9% GDP growth in 2015, down from 7.3% in 2014 and the slowest annual growth in 25 years.  The country’s transition to a more service oriented economy is a large, complicated change that will take more time and likely result in slower GDP numbers in the near-term.   

The only economic report due for release today is the January NAHB Housing Market Index coming in at 60, below the 61 expected. The rest of the week's calendar is on the light side with CPI, more housing data and the Philly Fed Index. 

There are no T-Note or Bond auctions this week. 

Technically, the Bond is trading above its 200-day moving average, but is having difficulty pushing through another tough level of resistance.  At the same time, the 10-year Note yield is at 2.05% after hitting 1.99% in the past few trading days.  New clients should be advised to lock

    Add Comment

    Comments are moderated. Please be patient if your comment does not appear immediately. Thank you.


    1. No comments. Be the first to comment.