Mortgage Rates Remain Near Year’s Low

Mortgage Rates Moving Lower
 

Mortgage Rates Remain Near Year’s Low

Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) showing average fixed mortgage rates largely flat for the week, remaining just above their lows for 2014 and helping to support homebuyer affordability.

30-Year Fixed Rate Mortgages

According to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) average 30-year fixed rate mortgages averaged 4.13 percent, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.31 percent.

15-Year Fixed Rate Mortgages

The average 15-year fixed rate mortgage averaged 3.26 percent, up from last week when it averaged 3.23 percent. A year ago at this time, the 15-year FRM averaged 3.39 percent.

5-Year Adjustable Rate Mortgages

The average five-year Treasury-indexed hybrid adjustable rate mortgage (ARM) averaged at 2.99 percent up from last week when it averaged 2.97 percent. A year ago, the 5-year ARM averaged 3.16 percent.

1-Year Adjustable Rate Mortgages

The average one-year Treasury-indexed ARM is at 2.39 percent unchanged from last week. At this time last year, the 1-year ARM averaged 2.65 percent.

Mortgage rates are slowly on the rise. Contact a licensed mortgage loan professional to take advantage of mortgage rates while they are still historically low. Find a loan officer near you or apply online for a mortgage loan and we will redirect your application to a qualified loan professional near you.

Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac:

“Mortgage rates were little changed for the week with the 30-year fixed-rate mortgage remaining unchanged. Meanwhile, we received some good news on housing with existing home sales climbing 2.6 percent to a seasonally adjusted annual rate of 5.04 million in June, the highest pace since October 2013.”

Original Source: Freddie Mac interest rates listed above are national averages as reported by Freddie Mac. Individual interest rates are dependent upon credit approval and may include points. Average mortgage points are also reported in Freddie Mac’s Primary Mortgage Market Survey. Other mortgage financing fees may apply. Contact your lender for detailed information.

Want to Lock & Shop?

Inlanta is pleased to announce Inlanta Lock & Shop for home buyers who haven’t found a property but want to lock in an interest rate now. This Lock & Shop program is appealing to home buyers who fear a reduction in buying power as mortgage rates increase.

Our Mission Statement

Our mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships.

About Inlanta Mortgage

Last year, Inlanta Mortgage celebrated its 20th Anniversary. Inlanta Mortgage is a growing mortgage banking firm committed to quality mortgage lending, ethical operations and strong customer service.

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is an agency approved lender for Freddie Mac and Fannie Mae, FHA/VA, FHA 203K and USDA. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs here.

Inlanta Mortgage is a multi-state mortgage banker based out of Brookfield, Wisconsin NMLS #1016. Inlanta Mortgage was recently named a Top Mortgage Lender in 2013 as well as 2012 by Scotsman Guide. Inlanta was also recently named a Top Workplace in 2014 as well as in 2012. Inlanta has also been listed on Mortgage Technology’s Top 25 Tech Savvy Lenders list in 2010, 2011, 2012, and 2013, named one of the “Top 100 Mortgage Companies in America” in 2011, 2012 and 2013 and one of the 50 Best Companies to Work For by Mortgage Executive Magazine.

Customer Testimonials for Green Bay Loan Officers

Green Bay, WI Mortgage Loans

Customer Testimonials for Green Bay, Wisconsin Loan Officers

Inlanta Mortgage loan officers strive to provide our customers with the best service available. Our loan officers are dedicated to providing the kind of service that our customers expect and deserve. Here are some great customer testimonials provided by customers for our Green Bay loan officers.

Mike Babcock – Green Bay Branch Manager

“Mike Babcock was very knowledgeable. He responded quickly to our emails and phone calls; never were we waiting for an answer. He explained everything to us so that we understood what it all meant. We were first time homebuyers and we did not feel intimidated by Mike at all. He is a great loan officer and I highly recommend him.” – Anonymous

“I went through Mike Babcock at Inlanta Mortgage. He was very professional and very helpful through the whole process!! I own my own business, I am in my fourth year and it has been growing at a very good rate. I went to three other mortgage companies and they didn’t seem too confident that they could help me as much as Mike did. Being that this was my first home purchase, it was very stressful not knowing what to expect and also because I own my own business there were a lot more hoops I had to jump through it seemed. Mike was always very positive and it kept me positive through the whole process. Whenever I had a question Mike was very fast at answering any questions I may have had. It seemed as though he worked very long days which I appreciated when I felt I had an important question. He took a lot of stress out of my first time home buying experience, was very quick to respond to any questions I may have had and was always very pleasant to work with! I will go through Mike Babcock with Inlanta Mortgage for my next house and refer him any chance I get. Thank you Mike for everything!” – John L.

“Working with Mike was the easiest part of the whole homebuying process. We were a little timid as this was our first time buying a house but, Mike made everything smooth sailing. He and his staff were a pleasure to work with.” – Robb & Shawn C.

“Mike and his assistant Mary Jo were extremely helpful throughout the entire process. There were times where it felt we were hitting every bump in the road, but they also remained positive and really put the time and effort into making sure we could purchase our home. I can’t thank them enough. I would give Mike, his staff and Inlanta Mortgage the highest possible recommendation. At every stage of the process, Mike and his assistant Mary Jo were there to answer our calls, our questions, and assist us in providing the documents we needed for our application. They worked hard to make sure our loan went through with the best possible terms and interest rate. We absolutely love our new house and really feel grateful that we found Inlanta Mortgage. I recommend Mike and Inlanta Mortgage to any friend or family member interested in applying for a mortgage. Thank you Mike and Mary Jo!” – Kate Z.

Contact a Green Bay mortgage loan officer by calling 920-965-5626 or visit them online at www.inlanta.com/green-bay. Testimonials for Green Bay mortgage loan officers have been published with express permission of the customer.

Our Mission Statement

Our mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships.

About Inlanta Mortgage

Last year, Inlanta Mortgage celebrated twenty years in business. Learn more about Inlanta’s twenty year history here.

Headquartered in Brookfield, Wis., Inlanta Mortgage was established in 1993. Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is an agency approved lender for Fannie Mae and Freddie Mac, FHA/VA, FHA 203K and USDA. Inlanta Mortgage also offers numerous state bond agency programs.

Inlanta Mortgage is a multi-state mortgage banker based out of Brookfield, Wisconsin NMLS #1016. Inlanta Mortgage was recently named a Top Mortgage Lender in 2013 as well as 2012 by Scotsman Guide. Inlanta was also recently named a Top Workplace in 2014 as well as in 2012. Inlanta has also been listed on Mortgage Technology’s Top 25 Tech Savvy Lenders list in 2010, 2011, 2012, and 2013, named one of the “Top 100 Mortgage Companies in America” in 2011, 2012 and 2013 and one of the 50 Best Companies to Work For by Mortgage Executive Magazine.

Mortgage Rates Tick Down Slightly

Mortgage Rates Move Lower
 

Mortgage Rates Tick Down Slightly

Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) showing average fixed mortgage rates moving down slightly to remain near historic lows.

30-Year Fixed Rate Mortgages

According to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) average 30-year fixed rate mortgages averaged 4.13 percent, down from 4.15 percent last week. A year ago at this time, the 30-year FRM averaged 4.37 percent.

15-Year Fixed Rate Mortgages

The average 15-year fixed rate mortgage averaged 3.23 percent, down from last week when it averaged 3.24 percent. A year ago at this time, the 15-year FRM averaged 3.41 percent.

5-Year Adjustable Rate Mortgages

The average five-year Treasury-indexed hybrid adjustable rate mortgage (ARM) averaged at 2.97 percent down from last week when it averaged 2.99 percent. A year ago, the 5-year ARM averaged 3.17 percent.

1-Year Adjustable Rate Mortgages

The average one-year Treasury-indexed ARM is at 2.39 percent down slightly from last week when it averaged 2.40 percent. At this time last year, the 1-year ARM averaged 2.66 percent.

Mortgage rates are slowly on the rise. Contact a licensed mortgage loan professional to take advantage of mortgage rates while they are still historically low. Find a loan officer near you or apply online for a mortgage loan and we will redirect your application to a qualified loan professional near you.

Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac:

“Mortgage rates were little changed amid a week of light economic reports. Of the few releases, industrial production rose by 0.2 percent in June, below the market consensus forecast. Also, the producer price index for final demand rose 0.4 percent in June, rebounding from a 0.2 percent decline the prior month.”

Original Source: Freddie Mac interest rates listed above are national averages as reported by Freddie Mac. Individual interest rates are dependent upon credit approval and may include points. Average mortgage points are also reported in Freddie Mac’s Primary Mortgage Market Survey. Other mortgage financing fees may apply. Contact your lender for detailed information.

Want to Lock & Shop?

Inlanta is pleased to announce Inlanta Lock & Shop for home buyers who haven’t found a property but want to lock in an interest rate now. This Lock & Shop program is appealing to home buyers who fear a reduction in buying power as mortgage rates increase.

Our Mission Statement

Our mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships.

About Inlanta Mortgage

Last year Inlanta Mortgage celebrated its 20th Anniversary. Inlanta Mortgage is a growing mortgage banking firm committed to quality mortgage lending, ethical operations and strong customer service.

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is an agency approved lender for Freddie Mac and Fannie Mae, FHA/VA, FHA 203K and USDA. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs here.

Inlanta Mortgage is a multi-state mortgage banker based out of Brookfield, Wisconsin NMLS #1016. Inlanta Mortgage was recently named a Top Mortgage Lender in 2013 as well as 2012 by Scotsman Guide. Inlanta was also recently named a Top Workplace in 2014 as well as in 2012. Inlanta has also been listed on Mortgage Technology’s Top 25 Tech Savvy Lenders list in 2010, 2011, 2012, and 2013, named one of the “Top 100 Mortgage Companies in America” in 2011, 2012 and 2013 and one of the 50 Best Companies to Work For by Mortgage Executive Magazine.

Mortgage Rates See Little Movement

Mortgage Rates Change Little
 

Mortgage Rates See Little Movement

Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®) showing mortgage rates little changed after initially easing slightly higher from the previous week.

30-Year Fixed Rate Mortgages

According to Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) average 30-year fixed rate mortgages averaged 4.15 percent, up from 4.12 percent last week. A year ago at this time, the 30-year FRM averaged 4.51 percent.

15-Year Fixed Rate Mortgages

The average 15-year fixed rate mortgage averaged 3.24 percent, up from last week when it averaged 3.22 percent. A year ago at this time, the 15-year FRM averaged 3.53 percent.

5-Year Adjustable Rate Mortgages

The average five-year Treasury-indexed hybrid adjustable rate mortgage (ARM) averaged at 2.99 percent up slightly from last week when it averaged 2.98 percent. A year ago, the 5-year ARM averaged 3.26 percent.

1-Year Adjustable Rate Mortgages

The average one-year Treasury-indexed ARM is at 2.40 percent up from last week when it averaged 2.38 percent. At this time last year, the 1-year ARM averaged 2.66 percent.

Mortgage rates are slowly on the rise. Contact a licensed mortgage loan professional to take advantage of mortgage rates while they are still historically low. Find a loan officer near you or apply online for a mortgage loan and we will redirect your application to a qualified loan professional near you.

Attributed to Frank Nothaft, vice president and chief economist, Freddie Mac:

“Mortgage rates increased for the week as the labor market appears to be improving. Based on the employment report [PDF], released last week, the U.S. economy added 288,000 jobs in June, gained 224,000 in May and increased by 304,000 in April. Also, the unemployment rate in June fell to 6.1 percent from 6.3 percent in May.”

Original Source: Freddie Mac interest rates listed above are national averages as reported by Freddie Mac. Individual interest rates are dependent upon credit approval and may include points. Average mortgage points are also reported in Freddie Mac’s Primary Mortgage Market Survey. Other mortgage financing fees may apply. Contact your lender for detailed information.

Want to Lock & Shop?

Inlanta is pleased to announce Inlanta Lock & Shop for home buyers who haven’t found a property but want to lock in an interest rate now. This Lock & Shop program is appealing to home buyers who fear a reduction in buying power as mortgage rates increase.

Our Mission Statement

Our mission is to be the home financing partner that you trust to serve your family, friends and community. Through our family of dedicated mortgage professionals, our commitment is to deliver an exceptional experience. Our unwavering dedication to integrity, honesty and ethics is the foundation of all of our relationships.

About Inlanta Mortgage

Last year Inlanta Mortgage celebrated its 20th Anniversary. Inlanta Mortgage is a growing mortgage banking firm committed to quality mortgage lending, ethical operations and strong customer service.

Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is an agency approved lender for Freddie Mac and Fannie Mae, FHA/VA, FHA 203K and USDA. Inlanta Mortgage also offers numerous state bond agency programs. Review Inlanta’s mortgage loan programs here.

Inlanta Mortgage is a multi-state mortgage banker based out of Brookfield, Wisconsin NMLS #1016. Inlanta Mortgage was recently named a Top Mortgage Lender in 2013 as well as 2012 by Scotsman Guide. Inlanta was also recently named a Top Workplace in 2014 as well as in 2012. Inlanta has also been listed on Mortgage Technology’s Top 25 Tech Savvy Lenders list in 2010, 2011, 2012, and 2013, named one of the “Top 100 Mortgage Companies in America” in 2011, 2012 and 2013 and one of the 50 Best Companies to Work For by Mortgage Executive Magazine.

Inlanta Receives Platinum Million Dollar USDA Lender Award

USDA-Award

USDA Platinum Million Dollar USDA Lender Award

USDA Rural Development State Director, Stan Gruszynski, named Inlanta Mortgage as a recipient of the 2013 Platinum Million Dollar USDA Lender Award.

The Award is presented each year to lenders who have partnered with, and made a significant contribution to, supporting Wisconsin rural residents looking to become homeowners through the USDA Guaranteed Rural Housing (GRH) Program.

In fiscal year 2013, Inlanta Mortgage utilized more than $5 million of GRH program funds by financing home purchases to help moderate income families in Wisconsin. More than 3,900 families across Wisconsin were able to purchase a home last year through the GRH loan program, totaling nearly $486.5 million.

“Working with our lending partners across the state, we’ve made a difference to those rural families prepared to realize the responsibility and benefits of owning a home,” said Gruszynski. “The last several years have been challenging for homebuyers in rural communities. By partnering with local lenders we are able to leverage our resources and overcome financial barriers in order to help rural communities move forward.

“We value our partnership with Inlanta Mortgage,” he added, “and commend their achievement and contributions to meeting rural housing goals for Wisconsin.”

USDA Loans Help Rural Families

Inlanta Mortgage is committed to helping meet the needs of rural families across the country. In fact, Inlanta Mortgage Marshfield, Wisconsin Branch Manager, Laura Leonhard, was recognized as the Top USDA Lender in the nation by Scotsman Guide for both 2012 and 2013.

The Million Dollar Lender Award is given at three levels Silver, Gold, and Platinum, based on the total amount of funding utilized by the lender; Silver level disbursed more than $1 million, Gold level disbursed more than $2 million, and Platinum level disbursed more than $5 million during the past year.

About the USDA Loan Program

The GRH program assists homebuyers in obtaining a 30-year fixed rate mortgage without the down payment typically required by conventional lenders and programs. GRH loans are financed through participating lenders, such as banks and credit unions, and are guaranteed by USDA Rural Development. The amount of the mortgage is limited by the applicant’s repayment ability and can be made for up to 100 percent of the appraised value. There are no restrictions on the size or design of the home. Loan closing costs and repairs can often be financed with the home purchase. Eligible areas include rural regions and communities under 20,000 in population, and not part of a larger urban area.

For more information and to check your eligibility for USDA loans, contact a licensed Inlanta Mortgage loan officer near you using our branch locator.

About Inlanta Mortgage

Headquartered in Brookfield, Wis., Inlanta Mortgage was established in 1993. The company has grown to more than 30 branches in 16 states and over 200 employees. Inlanta Mortgage offers Fannie Mae/Freddie Mac agency products, as well as a full suite of jumbo and portfolio programs. The company is an agency approved lender for Freddie Mac and Fannie Mae, FHA/VA, FHA 203K and USDA. Inlanta Mortgage also offers numerous state bond agency programs.

Inlanta Mortgage Branch Manager, Laura Leonhard, was recognized as the Top USDA Lender in the nation by Scotsman Guide for both 2012 and 2013. Inlanta Mortgage was named a Top Workplace in 2012 and 2014, has been listed on Mortgage Technology’s Top 25 Tech Savvy Lenders List every year since 2010, Milwaukee Business Journal’s “Top 25 Largest Milwaukee-Area Mortgage Banking Companies,” and Mortgage Executive Magazine’s “Top 100 Mortgage Companies in America” in 2011, 2012 and 2013.