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Scott Ward
President, Potomac Mortgage Advisors
President
Potomac Mortgage Advisors
NMLS 4065
46169 Westlake Drive Suite 100 POTOMAC FALLS, VA 20165
CONTACT ME
Contact Me
703-406-8200
scott.ward@potomacmortgageadvisors.com
www.PotomacMortgageAdvisors.com
scott.ward@potomacmortgageadvisors.com
www.PotomacMortgageAdvisors.com
CONTACT ME
Recent News
More Stellar Housing Numbers. How Long Can They Last?
1/22/2021
Refi Demand Surges as Mortgage Volatility Comes Roaring Back
1/15/2021
Have We Seen The End of Record Low Rates?
1/8/2021
Mostly Charts And Quick Takes on Housing and Rates
12/18/2020
Time To Think About Mortgage Rate Complacency (Before It's Too Late)
12/11/2020
Mortgage Rate Rules Are Completely Out The Window
12/4/2020
Biggest Housing Boom Since 2006 And The Truth About "All-Time Low" Rates
11/20/2020
New Loan Limits Soon; Refi Fee Confusion; and Rate Volatility
11/13/2020
Election Week Was a Win For Mortgage Rates
11/6/2020
2016 Reminds Us How Completely Crazy Next Week Could Be For Rates
10/30/2020
Don't Believe This Week's Mortgage Rate News. Here's Why
10/23/2020
All-Time Low Mortgage Rates? Not Exactly...
10/16/2020
Interest Rates Increasingly Focused on Stimulus
10/9/2020
Rates Ignore Trump's Covid Diagnosis. Has The Bond Market Gone Crazy?
10/2/2020
Stellar Housing Data; Refresher on New Refi Fee
9/25/2020
Here's What The Fed's 0% Rate Means For Mortgages and Housing
9/18/2020
Critical Updates For Anyone Buying or Refinancing
9/11/2020
The Uncommonly Strong Case For Locking a Mortgage Rate
9/4/2020
Huge Developments in The Mortgage World. Are You Getting The Whole Story?
8/28/2020
Best Housing Market Since 2007, But There's a Catch
8/21/2020
Mortgage Rates Are Not 1.99%. In Fact They're Back Over 3%
8/14/2020
The Rate Also Rises
8/7/2020
Should You Wait For Lower Rates?
7/31/2020
How Low Can Rates Eventually Go?
7/24/2020
It's Time To Refinance (Again)
7/17/2020
Mortgage Market Ridiculously Good or Just Ridiculous?
7/10/2020
Huge Housing Rebound, All-Time Low Rates, But At What Cost?
7/2/2020
Rates Are Headed Higher... Eventually
6/26/2020
The Great Debate for Rates, Housing, and Markets
6/19/2020
Just When You Thought They Were Gone, All-Time Low Rates Are Back
6/12/2020
Are All-Time Low Mortgage Rates Behind Us Now?
6/5/2020
Mixed Signals About Housing and Economic Recovery
5/29/2020
The Sun Also Rises For Housing and Mortgage Markets
5/22/2020
All-Time Low Mortgage Rates!
5/15/2020
The Truth About Skipping Mortgage Payments (And The Consequences)
5/8/2020
Mortgage Rates Are Super Low, But Not For Everyone
5/1/2020
In Response to Mortgage Market Concerns, Government Says "Take a Number!"
4/24/2020
Mortgage Market Still Waiting For Help
4/17/2020
Finally a Glimmer of Hope For Mortgage Market Chaos
4/10/2020
Are We In The Midst of Another Mortgage Meltdown?
4/3/2020
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
6.91%
0.00
--
15 Yr. Fixed
6.48%
+0.01
--
30 Yr. FHA
6.39%
0.00
--
30 Yr. Jumbo
7.29%
-0.01
--
5/1 ARM
6.61%
0.00
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
6.93%
-0.04
0.60
15 Yr. Fixed
6.46%
-0.03
0.75
30 Yr. FHA
6.75%
-0.14
0.97
30 Yr. Jumbo
7.14%
0.00
0.38
5/1 ARM
6.27%
-0.06
0.64
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
6.79%
-0.65
0.00
15 Yr. Fixed
6.11%
-0.65
0.00
Source: Freddie Mac
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Market Data
MBS
Price
Change
UMBS 5.5
99.54
-0.12
UMBS 6.0
100.96
-0.06
GNMA 5.5
99.98
-0.11
GNMA 6.0
100.93
-0.02
US Treasuries
Yield
Change
2 YR
4.621
+0.053
5 YR
4.213
+0.030
10 YR
4.200
+0.012
30 YR
4.343
-0.006
Pricing as of:
3/28 1:13PM
EST
Recent Housing Data
Value
Change
Mortgage Apps
Mar 27
196.8
-0.71%
Building Permits
Feb 1
1.52M
1.95%
Housing Starts
Feb 1
1.52M
10.7%
New Home Sales
Feb 1
662K
0.15%
Pending Home Sales
Feb 1
75.6
1.75%
Existing Home Sales
Feb 1
3.97M
-0.75%
Builder Confidence
Mar 1
51
6.25%
Economic Calendar
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