CURRENT RATES - Unchanged since last week, however CORE Inflation Reading Under 4% at 3.9%, which is BIG.
CONVENTIONAL 30: 6.625%......6.767% APR
CONVENTIONAL 15: 5.99%.......6.215% APR
VA 30: 6.25%.......6.522% APR
FHA 30: 6.25% .....7.06% APR
*Your Actual Rate, Payment, and Costs could be higher. Get an official Loan Estimate Prior to Choosing a home
Credit Score Used for Analysis: 780
Discount fee: 1%
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THIS WEEK:
NAHB BUILDER CONFIDENCE ROSE TO 44. Still, technically in Contraction yet definitely better news.
Chris Waller, Fed Governor, saying he is confident the FED is close to a consistent 2% Inflation/PCE number. Says we should'nt cut so quickly.
Economic News Next Week:
Monday:
Wednesday:
Thursday: Durable Goods Orders & Initial Jobless Claims
Friday: CORE PCE/INFLATION: MARKET MOVER
Noel Smith, Mortgage Advisor
208.406.2451