Rates Continue Upwards with Iran War and Price of Oil.
Approximate Rates for Week Ending 3/27/26
Rates continue to increase with the Iran War and the knock-on effects on the price of oil and inflation concerns. Rates are now up 0.75% since the conflict started and back to 8-Month highs last seen in August 2025.
45% of experts think rates will increase over the next week while 36% think they will stay steady and 18% think they will go down.
If you have any questions or would like advice tailored to your needs, I would be happy to help! And if you have any family or friends that you think might benefit from my services, I would be grateful for the referral!
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Mark Smith
Victoria Capital
Los Gatos
408 353 9784
www.MarkSmithLoans.com
|
Program |
No Points (APR) |
1 Point (APR) |
Change since last update |
|
Conforming (<$832,750) |
|||
|
30yr Fixed |
6.25% (6.31%) |
5.875% (6.35%) |
+0.25% |
|
30yr FHA |
5.625% (6.39%) |
5.25% (6.32%) |
+0.125% |
|
30yr FTHB |
6.25% (6.31%) |
5.875% (6.35%) |
+0.25% |
|
10yr ARM |
6.0% (6.21%) |
5.625% (6.30%) |
+0.125% |
|
7yr ARM |
5.875% (6.01%) |
5.5% (5.98%) |
+0.125% |
|
5yr ARM |
5.875% (6.01%) |
5.375% (5.88%) |
+0.25% |
|
15yr Fixed |
5.625% (5.71%) |
5.125% (5.79%) |
+0.125% |
|
High-Cost Conforming (>$832,750<$1,249,125) * |
|||
|
30yr Fixed |
6.5% (6.61%) |
6.125% (6.68%) |
+0.25% |
|
30yr FHA |
5.75% (6.19%) |
5.5% (6.29%) |
+0.125% |
|
30yr FTHB |
6.375% (6.61%) |
6.25% (6.78%) |
+0.125% |
|
5yr ARM |
- |
- |
- |
|
15yr Fixed |
6.0% (6.09%) |
5.625% (6.13%) |
+0.125% |
|
Jumbo (>$1,249,125) * |
|||
|
30yr Fixed |
6.25% (6.44%) |
6.0% (6.29%) |
+0.25% |
|
10yr ARM |
- |
5.875% (6.19%) |
+0.125% |
|
7yr ARM |
6.0% (6.14%) |
5.625% (6.19%) |
+0.125% |
|
5yr ARM |
6.0% (6.14%) |
5.625% (6.19%) |
+0.125% |
|
15yr Fixed |
6.25% (6.34%) |
6.0% (6.29%) |
+0.125% |
LOWER HOME AFFORDABLE RATES FOR FIRST TIME HOMEBUYERS (FTHB) SUBJECT TO INCOME LIMITS
No Points No Cost Also Available!Conforming Rates and APRs calculated on Purchase loan amount of $600k (conforming), $900k (high-cost conforming,) and $1.25m (Jumbo) 30- day lock, 60% LTV, impounds,780 fico.
FTHB (First Time Home Buyer) conforming rates based on purchase loan amount of $750,000 with 20% down, High Cost Conforming $1m with 20% down. Subject to Income Limits
FHA Rates and APRs Calculated on Purchase Loan amount of $700k (Conforming) and $1m (High Cost), 30-day lock, 96.5% LTV, 720 Fico
This is not a commitment to lend. Rates are provided for informational purposes only. Please contact me for rates, products, and costs for your individual situation.
*Assumes high-cost areas, e.g., Santa Clara County and other Bay Area Counties
DRE: 01395052
NLMS:308562
