Mortgage Rates – Jan 5, 2024

RATES:

CONVENTIONAL 30: 6.49%......6.63% APR

CONVENTIONAL 15: 5.99%.......6.215% APR

VA 30: 6.25%.......6.522% APR

FHA 30: 6.25% .....7.06% APR

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*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%


This Week's News:

ADP Employment Report - 164,000 Jobs Created

FED More Convinced that Inflation Coming Down/Under Control


Next Week:

Monday: 10 Year Note Auction

Tuesday: Consumer Price Index, 30 Year Bond Auction

Wednesday: Producer Price index and FED Meeting

Thursday: Retail Sales


Does Your client need to offer over asking price? Show them this:https://www.smithmtg.com/presentation/99774


Need A Quick Pre-Approval?......Your Home Application here:https://mtgpro.co/dr/c/coeap

Schedule a meeting with me:https://calendly.com/noels-1/30min


Noel Smith, Sr. 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