Mortgage rate went up on Wednesday as Fitch Rating downgrading U.S. long-term rating to AA+ from AAA citing the expected fiscal deterioration over the next three years along with the high and growing general government debt burden.
US 10 year Note went up to 4.20% on Thursday – highest since October 24th 2022.
The Unemployment Rate fell to 3.5%, down from 3.6%.
U.S.-based employers announced 23,697 cuts in July, a 42% decrease from the 40,709 cuts announced one month prior
Our HELOC Promotional Rate: (application deadline 08/15/2023)
8.00% for the first 3 years
Our Jumbo loan, we can go loan amount up to $2.75 M now.
Jumbo loan, we can do for 10 % down with MI or with 2nd mortgage as well
Following rates are for purchase, please contact me for re-financing rate.
Check out our mortgage rates today! https://www.asbhawaii.com/personal/mortgage-rates
|* Rates & APR based on a single family home purchase of $750,000 with 20% down for a borrower with credit score 740+ as an owner – occupant.|
|** Rates & APR based on a single family home purchase for $1,100,000 with 25% down for a borrower with credit scores 760+ as an owner- occupant.|
|**** VA Rates & APR based on a single family home purchase of $600,000 with 0% down for a borrower with credit scores 700+ as an owner- occupant.|