March 2023

Mortgage Interest Rates Review (Fairway Asset Corp. 3/29/2023) 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 4.875 3.875 4.500 2.427 A month ago 6.625 5.625 6.250 3.914 6.750 6.750 Last week 6.750 5.625 6.125 3.628 6.750 6.999 This week 6.250 5.375 5.999 3.628 6.250 6.250 Federal Fund Rate: 4.75% -5.00%        Prime Rate:...

Mortgage Interest Rates Review (Fairway Home Loan 3/22/2023) 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 3.875 3.000 3.625 1.722 A month ago 6.625 5.625 6.250 3.914 6.750 6.750 Last week 6.750 5.625 6.125 3.628 6.750 6.750 This week 6.750 5.750 6.250 3.590 6.750 6.750     Number of Liquor License in NJ will be...

Mortgage Interest Rates Review (Fairway Asset Corp. 3/15/2023) 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 4.375 3.625 4.000 2.110 A month ago 6.499 5.500 5.625 3.768 6.499 6.499 Last week 6.999 5.875 6.375 3.964 6.999 6.999 This week 6.750 5.625 6.125 3.628 6.750 6.750     K Town Neighborhood in Manhattan will be...

Mortgage Interest Rates Review (Fairway Home Loan 3/1/2023) 30 yr fx (%) 15 yr fx (%) FHA (%) 10 yr Tr Y (%) 5 yr Arm (%) 7 yr Arm (%) A year ago 3.125 2.375 2.750 1.462 A month ago 6.375 5.490 5.875 3.797 6.375 6.375 Last week 6.625 5.625 5.500 3.914 6.750 6.750 This week 6.699 5.750 6.250 3.942 6.699 6.699 Federal Fund Rate: 4.50% -4.75%        Prime Rate:...