Mortgage Rate Trend - Friday 4/24/2015

Over the month of April rates have been moving sideways. One week we are at 4.0% and the next week we improve to 3.875%. 

Today rates for loans $625,500 and less are starting at 3.875% APR. Ironically, for jumbo loans (loan amounts exceeding $625,500) rates are starting at 3.625% APR. 

Have a loan scenario or want to find out what influences mortgage rates? Give us a call at (626)636-5061 or email us at thomas.bayles@prospectmtg.com