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Contact Me
CONTACT ME
Yesenia Ruvalcaba-Garcia
Broker Associate
Elite Fundings
Broker Associate
Elite Fundings
DRE 01293970/NMLS 255242
550 E Badillo St Covina, CA 91723
CONTACT ME
Contact Me
626-252-0839
newcenturybroker@gmail.com
www.NewcenturyBroker.com
newcenturybroker@gmail.com
www.NewcenturyBroker.com
CONTACT ME
Recent News
Fed Says: Don't Get Too Excited About Rates Just Yet
11/18/2022
Record Single Day Drop in Rates After Inflation Comes in Cooler
11/10/2022
Higher Rates Due to The Fed, But Not Due to The Fed's Rate Hike
11/4/2022
Rates Actually Moved Lower This Week; What's a "Fed Pivot?"
10/28/2022
Sifting Through Ashes For Seeds Of Hope
10/21/2022
20 Year High Rates as Inflation Persists. Any Hope in Sight?
10/14/2022
Rates Back to 20 Year Highs as Economy Remains Resilient
10/7/2022
Even Crazier Than Last Week: Rates Briefly Topped 7% For 1st Time in 20 Years
9/30/2022
Mortgage Rates Closing in on 7%. Any Relief in Sight?
9/23/2022
6.0% Mortgage Rates and a Big Fed Hike are Old News; Here's What Matters
9/16/2022
Things Are About to Get Interesting
9/9/2022
Unprecedented Rate Volatility as Markets Ponder Next Big Move
9/2/2022
Fed Reminds Markets Why Rates Went Sharply Higher in August
8/26/2022
Mortgage Rates Rose Sharply This Week
8/19/2022
The Curious Case of Lower Inflation Being Bad For Rates
8/12/2022
4.99% Mortgage Rates?! That's Old News
8/5/2022
The Real Reason Mortgage Rates Are Dropping at a Record Pace
7/29/2022
Lowest Rates Since Early June. What's Europe Got to do With It?
7/22/2022
Fed Talking About Big Rate Hikes, But Mortgage Rates Moved Lower
7/15/2022
Don't Trust This Week's Mortgage Rate Headlines! (Except This One)
7/8/2022
Rates Plummet to 3 Week Lows. Has The Corner Been Turned?
7/1/2022
Housing is Normalizing, Not Dying; Nice Rate Rebound After Last Week's Rout
6/24/2022
Mortgage Rates Hit 6%. World is Not Ending. May Just Be Beginning
6/17/2022
2022 is Already The Worst Year For Rates Since 1979
6/10/2022
Rates Bounce After 3 Weeks of Improvement; Prices Still Defying Gravity
6/3/2022
Big Shift in Housing Numbers. Scary or Welcome?
5/27/2022
Stocks Are Suffering, But It's Helping Rates Stabilize
5/20/2022
Best Week For Rates in Almost 2 Years, But There's a Catch
5/13/2022
Why Some Rate Quotes Are So Different And Why "Points" Are On The Rise
5/6/2022
The Fed's Playbook is Already Out For Next Week And Rates Have Already Reacted
4/29/2022
Mortgage Rates Are a Bit Higher (And Way Lower) Than You've Been Told
4/22/2022
Why Mortgage Rates Jumped Back Over 5% This Week
4/8/2022
When Will Prices Care About Rising Rates? And Are Rates Done Rising?
4/1/2022
Why Are Mortgage Rates Skyrocketing Toward 5%
3/25/2022
Highest Mortgage Rates in 3 Years After Fed Hikes, But Is There a Connection?
3/18/2022
Highest Rates In Nearly 3 Years Ahead of Next Week's Fed Hike
3/11/2022
Staggeringly Big Rate Swings as Markets Remain Focused on Ukraine
3/4/2022
Multi-Year Rate Highs Showing Little Concern For Geopolitical Risk
2/25/2022
Mortgage Rates Having Tough Time, But Housing Metrics Are Still Strong
2/18/2022
Highest Inflation Since The 80s; Highest Rates Since 2019; Huge Volatility on Friday
2/11/2022
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Who You Work With Matters
Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30YR Fixed
7.33%
0.00
--
15YR Fixed
7.01%
+0.02
--
30YR FHA
6.98%
+0.02
--
30YR Jumbo
7.60%
0.00
--
7/6 SOFR
6.85%
+0.03
--
30YR VA
6.99%
+0.01
--
Source: Mortgage News Daily
Rate
Change
Points
30YR Fixed
7.41%
+0.29
0.75
15YR Fixed
6.73%
+0.30
0.73
30YR FHA
7.13%
+0.35
1.15
30YR Jumbo
7.33%
+0.18
0.60
7/6 SOFR
6.46%
+0.36
1.11
Source: The Mortgage Bankers Association
Rate
Change
Points
30YR Fixed
7.32%
+1.11
0.00
15YR Fixed
6.68%
+1.21
0.00
Source: Freddie Mac
MBS and Treasury
Price / Yield
Change
UMBS 6.0
99.38
--0.07
UMBS 6.5
101.29
--0.06
10 YR Treasury
5.002
+-0.02
30 YR Treasury
5.303
-0.13
Pricing as of:
10/28 8:08AM
EST
Recent Housing Data
Value
Change
Mortgage Apps
188.6
-5.32%
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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