February 8th Market Update

Good afternoon,

Rates are shifting slightly higher this week, much of this is a sit and wait game on Greece. There hasn’t been any major financial news this week.

On the personal front, the family has been doing great although as an avid tennis fan, I’m still in withdrawal from the Australian Open being over with. I loved coming home each night, putting our daughter to bed and putting on days matches from the prior night with my wife. We even got our daughter into it on the weekends yelling ‘dig dee dal!’ (Dig Deep Nadal)…as she’s finally old enough to copy everything we do, it’s been a hilarious time to find out what habits we have that we hadn’t realized prior. Gotta love a toddler to keep you on your toes.

Have a great week!

Rates: 30 year fixed at 3.75% (APR 3.89) and the 15 year at 3.125% (APR 3.37), FHA: 3.625% (APR 4.298): As always rates change with individual credit scenarios and programs, APRs are estimated based off of a $250,000 purchase price with 20% down and a 740 credit score, if you want an exact quote, call. These are not quotes, merely a baseline measure to gauge how rates change from week to week.

Matt

Matt Royer
Mortgage Consultant, CMC | Homes Mortgage
NMLS# 366970

612-232-7646 c
651-770-0637 o
651-294-1001 f

www.MattRoyer.com
mroyer@homesmortgage.net