Mortgage Rates and the Market – March 22nd

CURRENT RATES - Rates IMPROVED .25% from Last Friday. - WERE ON A NICE LITTLE RUN!

CONVENTIONAL 30: 6.625%......6.767% APR

CONVENTIONAL 15: 6.25%.......6.478% 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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NAR RULING/Buyer Agent Commission Strategy:

With the NAR Guides in regards to Buyer Side Commissions, its very fluid, however we are getting a lot of calls and questions on what lenders are doing. Right now, were working through Solutions. One Solution that will come up more and more is the Commission Gap Strategy for Buyer Side Agents



Need To Get Pre-Approved?......APPLY HERE: https://mtgpro.co/dr/c/coeap

Schedule a Goals Consultation with Me: https://calendly.com/noels-1/30min


Noel Smith, Mortgage Advisor

SmithGroup@fairwaymc.com

208.406.2451

Reviews

"Noel and his team made the process of securing a home loan so easy. They communicated with me regularly and were quick to respond when I had a question. Being able to upload and view/sign documents electronically was also extremely convenient."

lori f

"Excellent communication and knowledge throughout the entire process. I have worked with Noel and his team on several different home transactions and wouldn’t go anywhere else."

jason s

"Flexibility and understanding of needs."

george s