Orlando Mortgage Blog

Rates Highest In A Month

February 20th, 2014 11:37 AM by BILL WILBANKS

Well it looks like the lenders I've seen reporting rates this morning appear to be up 0.50% point +/- so far today from yesterday AM. Between yesterdays several reports that came out, the FOMC meeting minutes that had several members beginning to speak about possible future rate hikes down the line, and employment numbers this AM, those lenders that didn't fully mark up the points on their pricing sheets late in the day yesterday, appear to have done so this morning. Net impact on a typical well qualified 30 year fixed applicant bumped the rate up by 0.125% from all appearances. Related article, Click Here.

Bill Wilbanks
Posted in:General
Posted by BILL WILBANKS on February 20th, 2014 11:37 AM


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