Mortgage Rates Rising, from Edmonds, WA
The direction mortgage rates are moving is often important in the decision to lock your loan. When I sit down with you here in my office in Edmonds, Washington you will want to know both rates and how rates are changing. Until we sit down and discuss mortgage rates in detail, here is how the 30 Year Fixed Wholesale Rate for Fannie Mae conventional conforming loans is changing. This is also known as the Fannie Mae Required Net Yield 30, 30 Day delivery and I present it to you below:
For those of you who would like to know how this wholesale mortgage rate translates into the rates and costs offered to you, my calculator is amazing and available to the top right of this site! In short, rates are climbing! It’s time to get a move on! Steve in Edmonds, Washington.
