Weekly Rate Update 15Jul16 From Gerry Phillips With Movement Mortgage

Dated: 07/15/2016

Views: 1533

Although rates increased a tad this week, they remain very favorable. 

And Monday, we may be right back down due to yet another global event... this one, the coup in Turkey... we will see how things unwind this weekend. 

Investors showed a preference for stocks over bonds this week.After a slow start to the year, retail sales posted a fourth straight month of solid gains on Friday. Investors shifted assets from bonds to stocks, pushing the Dow to a record high. 


  • 30yr Conventional - high 3s

  • 15yr Conventional - right at 3

  • 30yr Government - mid 3s

  • 15yr Government - low 3s


**Your Rate depends on several factors.. 

  •  timing of your closing

  • loan amount

  • 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) 

 866-302-2942 (fax) 

 www.movement.com/gerry.phillips

Blog author image

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....

Want to Advertise on this Site?

Latest Blog Posts

Did You Know This About Thanksgiving Becoming A National Holiday

Thanksgiving Becomes a National HolidayPilgrims held their second Thanksgiving celebration in 1623 to mark the end of a long drought that had threatened the year's harvest and prompted Governor

Read More

The New Caregivers Comprehensive Resource

If you have ever been a caregiver then you know how stressful, but rewarding it can be. Please checkout The New Caregivers Comprehensive

Read More

RARE GEMS AT THE LAKE OF THE OZARKS MO SOUTH PRIME FACING SHORELINE

It is no secret that they are not making any more lakefront shoreline at the lake of the Ozarks! Primes south facing points are becoming more rare these days as the lake continues to grow: such as

Read More

Sep 23 2019 67424 1

THE TOP 5 MOST INTERESTING THINGS ABOUT LAKE OF THE OZARKS,  IN BARNETT, MO 6MM INDIAN CREEK COVE-DRY BRANCH1. BARNETT, MO NOT ONLY INCLUDES SOME OF THE BEST HUNTING GROUNDS AND FISHING AREAS,

Read More