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Current Trends and Important Rate Details

The Federal Reserve announced a 0.25% rate cut yesterday as expected, which has significantly improved interest rates.

 

Today's online training session topic: 

        Temporary Rate Buydown (interest rate discount) at 3pm ET. 

Reply for the Zoom link.

 

Today's home purchase mortgage rates are as follows:






The above interest rates include the following discount conditions:

  • Primary Residence Loan Rates: Include first-time homebuyer discounts.
  • No-Income-Verification Investment Property Loan Rates: Include a three-year prepaid penalty and require a Debt Service Coverage Ratio (DSCR) of ≥1.
  • Texas Loan Rates: Include a discount when using a UWM-approved title company.
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Biao Yang  
Licensed in CA, CO, OR, TX, UT
Phone: 248-421-5469
Email: byang.broker@gmail.com