Sentences with phrase «contract interest rate»

Mortgage applications have once again dropped as a result of the slight increase in the average contract interest rate for 30 - year fixed rate mortgages.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 453,100 or less) increased to its highest level since April 2014, 4.50 percent, from 4.41 percent, with points increasing to 0.57 from 0.56 (including the origination fee) for 80 percent loan - to - value ratio loans.

Between June and July, the average contract interest rate on conventional mortgages for new homes ticked down, but only from 4.14 to 4.12.

The average contract interest rate declined a scant 2 basis points to 4.19 percent, while the average initial fees and charges increased by a single basis point to 1.22 percent.

The interest payments must be equal to the non-default contract interest rate on the value of the creditor's interest in the real estate.

During the month, the average contract interest rate increased by 10 basis points to 4.30 percent, while initial fees increased to 1.14 percent (from an average of 1.06 percent the previous month).

Federal Housing Finance Agency (FHFA) data indicate the average effective contract interest rate for new home sales was 4.25 percent in July.

Refinancing may have fallen as the average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances increased to its highest level since September 2013.

In particular, the November data show a 6 basis point decline in the average contract interest rate on loans to purchase newly - built homes, from 4.32 to 4.26 percent.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 424,100 or less) decreased to 4.28 percent from 4.34 percent, with points increasing to 0.38 from 0.31 (including the origination fee) for 80 percent loan - to - value ratio loans.

The average contract interest rate for 30 - year, fixed - rate mortgages with conforming loan balances of $ 424,100 or less decreased to 4.33 percent from 4.46 percent, with points increasing to 0.43 from 0.41, including the origination fee, for 80 percent loan - to - value ratio loans.

The average contract interest rate for 30 - year fixed rate mortgages with conforming loan balances of $ 424,100 or less increased to 4.23 percent from 4.20 percent, with points decreasing to 0.32 from 0.37, including the origination fee, for 80 percent loan - to - value ratio loans.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 453,100 or less) remained unchanged at 4.69 percent, with points remaining unchanged at 0.43 (including the origination fee) for 80 percent loan - to - value ratio loans.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 424,100 or less) dropped to its lowest levels since November, dropping to 4.22 percent from 4.28 percent, with points falling to 0.35 from 0.38 (including the origination fee) for 80 percent loan - to - value ratio loans.

The average contract interest rate for 30 - year fixed - rate mortgages increased to its highest level since September 2013, 4.80 percent.

The average contract interest rate for 30 - year fixed - rate mortgages decreased to 6.05 percent from 6.10 percent, with points unchanged at 1.05 (including the origination fee) for 80 percent loan - to - value (LTV) ratio loans.

The average contract interest rate for 15 - year fixed - rate mortgages decreased to 5.61 percent from 5.66 percent, with points decreasing to 1.02 from 1.09 (including the origination fee) for 80 percent LTV loans.

The minimum down payment, and the contracted interest rate are not affected by these new regulations.

The average contract interest rate for 15 - year fixed - rate mortgages decreased to 3.04 percent from 3.06 percent, with points increasing to 0.36 from 0.34 (including the origination fee) for 80 percent LTV loans.

The average contract interest rate for 30 - year fixed - rate mortgages with jumbo loan balances (greater than $ 417,000) decreased to its lowest level since January 2011, 3.70 percent, from 3.75 percent, with points increasing to 0.28 from 0.26 (including the origination fee) for 80 percent LTV loans.

In fact, the Weekly Mortgage Applications Survey for the week ending May 24 revealed an increase in the average contract interest rate for 30 - year FRMs from 6.23 percent to 6.32 percent.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 417,000 or less) decreased to its lowest level since May 2013, 3.76 percent, from 3.79 percent, with points increasing to 0.33 from 0.32 (including the origination fee) for 80 percent loan - to - value ratio (LTV) loans.

The average contract interest rate for 30 - year fixed - rate mortgages backed by the FHA remained unchanged from 3.61 percent, with points decreasing to 0.24 from 0.27 (including the origination fee) for 80 percent LTV loans.

The APR equation includes the contract interest rate and adds the costs of the loan, including any prepaid costs (points, fees, etc.) that are part of the cost of borrowing.

The average contract interest rate for 15 - year fixed - rate mortgages increased to 5.94 percent from 5.90 percent, with points increasing from 1.02 to 1.1 (including the origination fee) for 80 percent LTV loans.

The average contract interest rate for 30 - year fixed - rate mortgages increased to 6.43 percent from 6.33 percent, with points decreasing to 1.06 from 1.09 (including the origination fee) for 80 percent loan - to - value (LTV) ratio loans.

The average contract interest rate for one - year ARMs increased to 7.24 percent from 7.14 percent, with points decreasing to 0.26 from 0.31 (including the origination fee) for 80 percent LTV loans.

On Wednesday, the Mortgage Bankers Association said its survey of rates pegged the average contract interest rate on a 30 - year, fixed - rate loan at 4.07 percent last week, the highest rate recorded since April 2012.

The average contract interest rate for 15 - year fixed - rate mortgages decreased to 3.10 % from 3.19 %, while the average contract interest rate for 5/1 ARMs decreased to 2.94 % from 3.07 %.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 417,000 or less) decreased from 3.94 % to 3.86 %.

Similarly, the average contract interest rate for 30 - year fixed - rate mortgages with jumbo loan balances (greater than $ 417,000) dipped to 3.76 % from 3.82 %.

The average contract interest rate for 30 - year fixed - rate mortgages backed by the FHA remained unchanged at 3.53 percent, with points decreasing to 0.30 from 0.32 (including the origination fee) for 80 percent LTV loans.

The average contract interest rate for 15 - year fixed - rate mortgages, in addition, increased to 3.66 percent from 3.57 percent, with points increasing to 0.45 from 0.36 (including the origination fee) for 80 percent LTV loans.

The average contract interest rate for 5/1 ARMs increased to 2.86 percent from 2.78 percent, with points increasing to 0.29 from 0.25 (including the origination fee) for 80 percent LTV loans.

The average contract interest rate for 30 - year fixed - rate mortgages backed by the FHA increased to its highest level since January 2014, 4.29 percent, from 4.18 percent, with points increasing to 0.39 from 0.32 (including the origination fee) for 80 percent LTV loans.

The average contract interest rate for 30 - year fixed - rate mortgages with jumbo loan balances (greater than $ 417,000) increased to 3.66 percent from 3.61 percent, with points unchanged at 0.32 (including the origination fee) for 80 percent LTV loans.

The average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 417,000 or less) increased to 3.65 percent from 3.60 percent, with points unchanged at 0.36 (including the origination fee) for 80 percent loan - to - value ratio (LTV) loans.

The average contract interest rate for 30 - year fixed - rate mortgages with jumbo loan balances (greater than $ 424,100) increased to its highest level since April 2014, 4.44 percent, from 4.27 percent, with points increasing to 0.28 from 0.26 (including the origination fee) for 80 percent LTV loans.

The average contract interest rate for 5/1 ARMs decreased to 3.45 percent from 3.48 percent, with points increasing to 0.24 from 0.20 (including the origination fee) for 80 percent LTV loans.

The average contract interest rate for 15 - year fixed - rate mortgages increased to 2.90 percent from 2.88 percent, with points decreasing to 0.31 from 0.34 (including the origination fee) for 80 percent LTV loans.

According to data from the survey, the average contract interest rate for 30 - year fixed - rate mortgages with conforming loan balances ($ 424,100 or less) increased to its highest level since April 2014, 4.46 percent, from 4.36 percent, with points decreasing to 0.37 from 0.44 (including the origination fee) for 80 percent loan - to - value ratio (LTV) loans.

The average contract interest rate for 30 - year fixed - rate mortgages with jumbo loan balances (greater than $ 417,000) increased to its highest level since September 2014, 4.22 percent, from 4.18 percent, with points unchanged at 0.29 (including the origination fee) for 80 percent LTV loans.