TODAY’S MORTGAGE RATES

Mortgage Rates went up about .08%
on the week with the Mortgage Backed
Security Marketing Trading down
– 17 bps.   The 10-Year Treasury
currently sits at 4.53%.

Here are your Average Mortgage
Rates across the country according
to Mortgage News Daily.

A 30-Year Fixed Conventional Rate at
6.8% – equates to a $643.95 Principal
and Interest Payment per $100,000 in
Loan Amount. If you would like me to put
together scenarios for your situation, feel
free to contact me or use my Free
Mortgage Calculator below:

Mortgage Calculator – Green Home Loans

The big news last week was May’s
BLS Jobs Report. Job creation
came in much higher than expectations.
172,000 jobs created compared to
estimates of 85,000 jobs. The
unemployment rate remained at 4.3%.

These figures caused interest rates
to go up on Friday, though not as
much as expected.

The big news this week is the CPI
inflation index released on Wednesday.

There are a lot of characteristics
that go into a mortgage rate –
credit score, investor, loan to
value, loan amount, costs, etc.
Please call me to go over your specific
scenario so we can price your loan
out accurately.

Or you can get a Free Mortgage Quote
or Apply for a Mortgage with the links below.

Thank You! 

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IS YOUR HOME EQUITY
WORKING FOR YOU?

Many homeowners are surprised to learn
that Home Equity Lines of Credit
(HELOCs) and Home Equity Loans
are currently offering very competitive
interest rates.

We’re seeing some well-qualified borrowers
secure 30-year fixed-rate second mortgages
and standalone equity loans in the high 6%
to low 7% range, often making them a
more attractive option than credit cards,
personal loans, or refinancing an
existing low-rate first mortgage.

Homeowners are using equity today to:

• Consolidate higher-interest debt
• Fund home improvements and renovations
• Access capital for investments or business opportunities
• Lower the rate or payment on an existing HELOC

If you’ve built equity in your home, it
may be worth exploring what options
are available. A quick review can help
determine whether accessing your equity
makes sense for your financial goals.

I hope you have a fantastic week!!