Posts by Velocity Lending

Market Brief: Steady as she goes

Exuberance is creeping in, but there’s little substantive news to really move the markets. Generally, earnings are strong, interest rates remain at historical lows, we are at near full-employment, and the business environment is favorable. The prevailing mortgage rates trend continues to be sideways. Today’s Prevailing Mortgage Rates* 30-year fixed rate 3.875-4.125% 3.956 – 4.125% APR […]

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Mortgage Rates Update for 10-10-2017

It’s Tuesday, October 10th and mortgage rates continue to trend upward, but ever so slightly. The good news is that mortgage rates remain at long-term lows, even for 2017. Check out this animated illustration of weekly 30-year fixed rate trends for 2017 as reported by Freddie Mac. U.S. weekly average 30-year fixed #mortgage rates in […]

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