VMG Weekly Mortgage Rate Tracker 08/10/2016

August 10, 2016
Vantage Mortgage Group
Industry, Interest Rates, Mortgage, Weekly Rate Tracker

DATE: Wednesday, August 10, 2016

TIME: 10:30AM PST

STATES: OREGON & WASHINGTON

CHANGE THIS WEEK: STAGNANT/SLIGHT IMPROVEMENT (since last Wednesday)

SUGGESTION: LOCK (or be in position to lock with application in) – Floating is not suggested as market uncertain. Watch closely and great time to lock based off recent gains. Contact us for real-time custom pricing.

VMG’S FIXED RATE PRICING OPTIONS (rates subject to change)

Contact Loan Consultant for customized QUOTE.

You can also run your scenario in our online PRICING ENGINE.

GREEN = LENDER CREDIT BACK TO YOU (to apply to any 3rd party closing costs or prepaids) BASED OFF % OF LOAN AMOUNT

RED = OPTIONAL BUY-DOWN BASED OFF % OF LOAN AMOUNT

[[[CONTACT US FOR ADDITIONAL PROGRAM QUOTES SUCH AS CONFORMING HIGH BALANCE, ARMs, JUMBO, USDA, ETC.]]]

*Rates change daily. Conforming interest rate samples based off $260,000 loan amount, 80% Loan to Value, 740 or higher FICO score, with impounds on a 30 day rate lock period and $895 underwriting fee if not covered by lender rebates. FHA based off 3.5% down payment, but other same variables. Costs or credits shown pertain to interest rate and do not include any other applicable 3rd party title and escrow charges or prepaid tax and insurance reserves which may or may not apply. Lock period suggested depends on current loan volume and lending climate at time of loan application and approval. Other risk-based pricing adjustment may apply. The displayed annual percentage rates (APRs) include total points and additional prepaid finance charges but do not include other closing costs. On adjustable-rate loans, rates are subject to increase over the life of the loan. Learn more about assumptions and APR Information. Loan pricing may only be locked through a home loan consultant to be effective. Rates will depend in part on your unique credit history and transaction characteristics. Please email or call for updated pricing at anytime as rates and pricing are subject to change. This information does not constitute a loan commitment or approval.

www.VantageMortgageGroup.com

Harris Consulting, Inc. DBA Vantage Mortgage Group, Inc.