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.