Sentences with phrase «quoted mortgage rate increases»

For every 15 additional days it takes to close your loan, in general, your quoted mortgage rate increases by 12.5 basis points (0.125 %).

Not exact matches

The average mortgage rates for Allentown were essentially the same as those quoted for Pittsburgh, with minor increases in rates at PNC and Wells Fargo.

Average prime 30 - year, fixed mortgage rates quoted on Zillow increased sharply early this week, touching 3.88 on Wednesday, up from 3.74 a week ago.

An increase of just 41 FICO points — from 659 to 700 — would cut an applicant's mortgage rate quote last week from 7.68 percent to 6.59 percent on a 30 - year fixed - rate mortgage of $ 300,000, according to Fair Isaac Corp., the developer of the widely used scoring system.

If balances change during the mortgage purchase and refinance transaction, the initially quoted rate may increase or decrease and be adjusted prior to closing.

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«Interest rates change as much as three or four times a day, so get quotes from three different (lenders) to increase your odds,» says Brian Koss, executive vice president of Mortgage Network.

Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.