Weekly Rate Update 06Jan17 From Gerry Phillips With Movement Mortgage

Dated: January 7 2017

Views: 1016

Bonds appear to be at a crossroads... will they selloff again, or will their recent rally regain momentum?I think January 20th will be a pivotal day for many things, including the next direction for bonds.


Quote of the week from Movement Secondary Market.... 

Last year’s home price gains means housing has reclaimed all that lost value, signaling a strong recovery and robust market.Even with a dwindling inventory, attitudes about homeownership are shifting. Americans still find value in a slice of real estate to call their own. And, as their lifestyles change and families grow, millennials will enter the housing market and begin to nest like the generations before them. 


MORTGAGE RATES at a glance... 

  • 30yr Conventional (Fannie/Freddie) - mid 4s

  • 15yr Conventional - mid to high 3s

  • 30yr Government (FHA, USDA, VA) - low 4s

  • 15yr Government - High 3s


**Your Rate depends on several factors.. 

  • timing of your closing

  • loan amount, term, & program

  • credit score

  • property type

  • % down

  • etc....


You can depend on me for accurate and trustworthy information. 

We Love & Value People... that is our culture at Movement Mortgage. 


Thanks! ALWAYS feel free to call, text, or email me… any day, any time. My direct mobile number is 573-480-1978


Accessible, Responsive, Decisive, Dependable Lender…. 

Gerry Phillips, Loan Officer (NMLS #505678) 

Movement Mortgage 

573-480-1978 (mobile) 

573-818-2169 (fax) 

www.movement.com/gerry.phillips

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Kathy Beeler

Kathy Beeler is a trustworthy Lake of the Ozark Realtor, who is reliable and knowledgeable when it comes to buying or selling properties in Lake of the Ozarks area. If you are in need of a professiona....

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