Weekly Mortgage Rates

Thanks to Mark Hines of Fidelity Bank for this episode of Tips from the Pros about mortgages.

Looks like FHLB (Federal Home Loan Bank) Grant has used all of its funds. There could be small amount come back as available but no more applications are to be taken for this valuable grant this year. Looks like 2019 in mid-January looks like the next window of opportunity.

The projection for the rates going into new week is to downright avoid floating any locks as news is mortgage rate un-friendly.

Don’t forget we have the FHA 203k full and streamline and Fannie Mae Homestyle rehab loans available.

As always feel free to use the rates below as a guideline for this weekend’s business.

Feel free to call with any borrower questions!