Click on the link to view today's home purchase/refinance rates:
California Colorado Oregon Texas Utah
Driven by higher long-term Treasury yields and uncertainty in recent economic data, mortgage rates edged slightly higher last week.
Due to the government shutdown and disruptions in data collection, the much-anticipated CPI report was not released as scheduled.
This week, two key updates will be in focus:
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Wednesday: Federal Reserve releases the minutes of the October meeting
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Thursday morning: The delayed September jobs report will finally be published
Notably, DSCR investment property loans are among the few products that did not experience a rate increase. In fact, DSCR Pink (with 2-year PPP) is now pricing better than traditional full-doc investment property loans.
A reminder that our online seminar will take place this Tuesday at 8:00 PM Pacific Time. All are welcome to join—please click the link for details.
Please note: The rate quotes below include our 40 bps discount, which is subject to availability.
