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Mortgage Rates For Today - 03.06.19

by  | JB Mortgage Capital, Inc.
Posted:     Updated: Mar 6, 2019  14:02 ET
 
    1. 0

Mortgage Rates March 6th, 2019:

Last week the bond market sold off and mortgage rates moved higher. On Monday mortgage rates stabilized as both Mortgage Backed Securities and Treasuries rallied. Today's mortgage rates in California still remain near their one year low and within the range established back in January.

Employment Report:

There are two monthly employment reports this week. The ADP Employment report (came out today) and the BLS Employment report (comes out Friday). The ADP report came in just below expectations however the revisions to last months report were much higher. The more important of the two reports (the BLS report) comes out Friday and the previous two reports came in way above expectations. If it's another stronger than anticipated report mortgage rates may move higher before the weekend.

JB Mortgage Capital, Inc.:

If you are buying a home or interested in refinancing your current mortgage please be sure to contact us for a no-cost/no-obligation quote. We offer low mortgage rates, personal one-on-one service and fast closings. We have a wide variety of loan programs including a full slate of Conforming and FHA home loan programs. Visit us online at www.koloans.com or call us directly at 1-800-550-5538.

Topics: Residential conventional loans | Commercial lending
More by: Kevin O'Connor

 

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Mortgage Rates For Today - 03.06.19

by Kevin O'Connor | JB Mortgage Capital, Inc.
Posted: Mar 6, 2019  14:00 ET    Updated: Mar 6, 2019  14:02 ET

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