Current Mortgage Rates

WOW:  A 4.5% with one point on a 30-year conforming fixed rate mortgage.  It may be a moment of “just one brief afternoon here and there”, or a trend for rates to push downward — past 30-year lows.  Rate-motivated buyers should be absolutely ECSTATIC about now.  Remember, though, that underwriting guidelines are in constant flux, too, tightening on a daily basis, so if your borrowers don’t have a pre-approval or full approval, avoid those last-minute surprises and get those approvals prior to writing a contract.

We are here to help and can provide you with the latest underwriting and credit guidelines, so please call if you have questions.

Ginger Sullivan

Anasazi Mortgage