Today's Rates 09-22-14

Loan Amt:  
Term Rate APR Payment
30 Yr 4.125% 4.125%
Super Conf 30yr 4.250% 4.250%
FHA 3.500% 3.500%
15 Yr 3.125% 3.125%
5/1 ARM 2.875% 2.827%
7/1 ARM 3.125% 2.969%
30 Yr VA 3.500% 3.500%
 









 
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Whether you're looking for home loan rates in Fairfax VA or want to speak with us about getting a 30 year fixed mortgage loan in Virginia Beach VA, we can help. Atlantic Mortgage & Funding is a Virginia based mortgage company providing home loans in 4 states, including Kentucky, Maryland, Tennessee, and Virginia. We strive to offer great purchase and refinance rates as well as affordable closing costs so that you can get into the home you've worked so hard for.

 

Today's featured product is a 30 year fixed rate at 3.875 (4.048 APR)
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Market News

Stocks retreat from record highs on China jitters

Traders work on the floor of the New York Stock ExchangeBy Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks were lower in early afternoon trade on Monday after China's finance minister indicated the country will not increase stimulus measures and U.S. housing data fell short of expectations. Recent data in China has been disappointing, leading many analysts to lower their growth forecasts and hope for more aggressive accommodations from the government. In remarks on Sunday, Finance Minister Lou Jiwei said China wouldn't dramatically alter its economic policy because of any one economic indicator. ...




Plosser, hawkish chief of Philadelphia Fed, to retire in March

Philadelphia Federal Reserve President Charles Plosser speaks at the Council on Foreign Relations in New YorkBy Ann Saphir (Reuters) - Philadelphia Federal Reserve Bank President Charles Plosser, one of the sharpest internal critics of the central bank's loose monetary policy, will retire next year in a move that could ease pressure to raise interest rates more quickly. Plosser, 66, has dissented on policy decisions six times during his eight-year stint at the Fed, including at the central bank's last two meetings. ...