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Mark A. Simon
Vice President
United American Mortgage
Vice President
United American Mortgage
NMLS #286568
3198-F Airport Loop Costa Mesa, CA 92626
CONTACT ME
Contact Me
949-246-5880
mark@markformortgage.net
www.uamco.net/
mark@markformortgage.net
www.uamco.net/
CONTACT ME
Recent News
Interest Rates Don’t Go Up In a Straight Line – Here’s Why
10/12/2018
Rates Surged to 5% This Week. Is There Any Hope?
10/5/2018
Fed Hikes, But Rates Fall; Big News Next Week
9/28/2018
Rates Spike Ahead of Fed. Is There Any Good News?
9/21/2018
Rates Paying Price For Sunny August
9/14/2018
Booming Economy's Unintended Victims
9/7/2018
Rate Volatility Lowest in Decades; Is Housing a Factor?
8/31/2018
Latest Pros and Cons on Housing and Rates
8/24/2018
Scary Low Housing Numbers? Not Exactly
8/17/2018
Let's Talk Turkey: Do US Markets Care?
8/10/2018
Glimmers of Hope For Home Sales and Rates
8/3/2018
Putting Home Sales Slowdown in Perspective
7/27/2018
Should We Worry About a Housing Slowdown?
7/20/2018
Lowest Rates Since May, But There's a Catch
7/13/2018
Don't be Fooled by Trade War News
7/6/2018
Who (or What) Is Pulling The Strings?
6/29/2018
2 Very Different Ways to Look at Housing Numbers
6/22/2018
Fed Hikes. Rates Fall. Have We Hit a Ceiling?
6/15/2018
Next Week's Fed Rate Hike Won't Affect Rates
6/8/2018
How Italy Rocked Rates And What To Watch For Next
6/1/2018
Don't Be Fooled By Fake News on Rates and Housing
5/25/2018
Higher Rates Deserve Attention, Not Panic
5/18/2018
Housing Can Survive Higher Rates
5/11/2018
Too Soon to Think About The Next Recession?
5/4/2018
Interest Rate Volatility Comes Roaring Back
4/27/2018
Housing Market Not Very Scared of Big Bad Wolf
4/20/2018
Do Interest Rates Really Care About Trump Tweets?
4/13/2018
Lowest Rates in 2 Months Face Big Test Next Week
4/6/2018
Could The Top Already Be In For Rates?
3/29/2018
Why Housing And Rates Are Mostly Ignoring Trade War Drama
3/23/2018
It's All About The Purchase Market Right Now
3/16/2018
A Truly Uncanny Week For Mortgage Rates
3/9/2018
Market Reacts to Tariffs and New Fed Chair
3/2/2018
Have Rates Finally Found a Ceiling?
2/23/2018
Why The Housing Market Can Survive Inflation Fears and Rising Rates
2/16/2018
Let's Get Real About Interest Rates and The Stock Crash
2/9/2018
Everyone's Talking About Rates, But Not For All The Right Reasons
2/2/2018
Inventory About to Come Back; Dollar Killing Rates?
1/26/2018
Big Trouble For Rates--Nothing to do With Government Shutdown
1/19/2018
At 6-Month Highs, Rates Sort Fact From Fiction
1/12/2018
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Ask me about Advance Approval
Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30YR Fixed
7.30%
+0.03
--
15YR Fixed
6.91%
-0.01
--
30YR FHA
6.95%
+0.04
--
30YR Jumbo
7.45%
-0.07
--
7/6 SOFR
6.71%
+0.01
--
30YR VA
6.97%
+0.05
--
Source: Mortgage News Daily
Rate
Change
Points
30YR Fixed
7.37%
+0.25
0.76
15YR Fixed
6.70%
+0.27
0.85
30YR FHA
7.12%
+0.34
1.07
30YR Jumbo
7.28%
+0.13
0.64
7/6 SOFR
6.41%
+0.31
1.20
Source: The Mortgage Bankers Association
Rate
Change
Points
30YR Fixed
7.24%
+1.03
0.00
15YR Fixed
6.60%
+1.13
0.00
Source: Freddie Mac
Recent Housing Data
Value
Change
Mortgage Apps
195
3.39%
Existing Home Sales
3.99M
0.25%
Builder Confidence
29
-9.38%
Building Permits
1.4M
0.43%
Housing Starts
1.22M
-4.24%
Economic Calendar
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