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Mortgage Rate Update

Mortgage rates are down sharply following the agreement to end the federal government shutdown, easing fears that a default could damage the nation’s credit rating. Various reports show fixed mortgage rates down by one to two tenths of a percentage point from their average levels of late Wednesday, just before the agreement was reached that night.

Mortgage Rate Sheets Are Printed Monday Through Friday. All loan programs offered by a given bank will be featured, including fixed rates like the 30-year fixed, 20-year fixed, and 15-year fixed, along with other loan types offered such as adjustable-rate mortgages.

Mortgage bonds are in weaker territory today, although this week will present ample opportunity for market movement and mortgage rate shifts, especially in light of Friday’s major jobs report and some overseas action. We’ll fill you in as the information arrives. For now, watch for rising mortgage interest rates.

In the mortgage rate update for this week, rates hovered near last week’s low averages, with a 30-year fixed-rate at 3.67%.

4 year fixed rate: 3.29%. 3 year fixed rate: 3.14%. 2 year fixed rate: 3.32%. If you need more information regarding mortgages or if you need any advice on your personal situation please contact our office at 604-556-3893 or email at

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In addition, the 15-year fixed mortgage rate was as low as 3.57% while a 5/1 ARM mortgage rate was averaging at 3.85%. Zillow’s Economic Analyst, Matt Speakman, says, the latest mortgage interest rates were brought on by “a heavy dose of economic data releases, which are still playing catch-up from the partial U.S. government shutdown.

Mortgage Interest Rate Update for June 4th, 2019. Rates continue to impress! Mortgage Interest Rate Update for June 4th, 2019. Rates continue to impress! Skip navigation Sign in.

Compare mortgage rates from multiple lenders in one place. It’s fast, free, and anonymous.

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Mortgage Interest Rate forecast for August 2020. Maximum interest rate 4.07%, minimum 3.83%. The average for the month 3.97%. The 30 Year Mortgage Rate forecast at the end of the month 3.95%.

A private client banking team focused on commercial and residential mortgage servicers, amongst other related. include information concerning our future results, interest rates and the interest.