I have no explanation for it but mortgage rates in Orange County jumped today on 30-year fixed conforming and jumbo loans after the Federal Reserve cut a key short-term rate by half a percentage point to 3%. (Conforming loans are up to $417,000 and jumbo loans are greater.)
The average rate on a 30-year conforming rose [...]
Related Headlines
- High-end ARM reset (mild) hilarityposted 71 weeks ago on Blown Mortgage
- Mortgage rates headed up as Fannie and Freddie struggleposted 24 weeks ago on Blown Mortgage
- Refi Activity Jumps on Fed Moveposted 41 weeks ago on Blown Mortgage
- The Math Is Changing For Fixed Rate Vs. Adjustable Rate Comparisonsposted 61 weeks ago on The Mortgage Reports Blog
- IndyMac wades back in to the jumbo marketposted 72 weeks ago on Blown Mortgage
- Pros and Cons of Adjustable Rate Mortgage Refinancingposted 75 weeks ago on Mortgage Refinancing - What You Need to Know
- Mortgage Applications Fall as Interest Rates Riseposted 46 weeks ago on Blown Mortgage
- Mortgage Refinance Applications Down 30%; Interest Rates Up.posted 45 weeks ago on Blown Mortgage
- Emergency Fed Move!posted 50 weeks ago on Blown Mortgage
- Mortgage rates down as inflation fears easeposted 34 weeks ago on Blown Mortgage