Click on the link to view today's home purchase/refinance rates:
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This morning, a weaker bond market pushed mortgage rates higher, nearly erasing last Tuesday’s gains. The good news, however, is that UWM’s newly released closing credit is helping offset part of that increase.
From now through December 31, all Conventional, FHA, and VA loans that choose an online closing (Hybrid or Virtual Closing) will receive a 45 bps lender credit. With the busy holiday season approaching, many clients will likely prefer this faster and more convenient online option.
Today’s rate quotes already include this online closing credit, along with a portion of the allowable broker credit. With these combined incentives, our overall pricing remains slightly better than last Monday.
If you’d like to review detailed rates, loan options, or a customized savings analysis, feel free to reach out anytime.
Please note: The rate quotes include 45 bps closing incentive and broker credit.
