Today's Rates 08-26-16

Loan Amt:  
Term Rate APR Payment
30 Yr 3.375% 3.443%
15 Yr 2.875% 2.859%
FHA 3.25% 3.25%
Super Conf 30yr 3.625% 3.625%
30 Yr VA 3.25% 3.25%
 









 
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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 12 states, including Alabama, Colorado, Florida, Georgia, Indiana, Kentucky, Louisiana, Maryland, North Carolina, New Mexico, 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 3.750 (3.899 APR)
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Market News

Herbalife may have misled investors, SEC on impact of FTC deal, one short-seller says

An Herbalife logo is shown on a poster at a clinic in the Mission District in San FranciscoBy Svea Herbst-Bayliss BOSTON (Reuters) - After U.S. multi-level marketing company Herbalife settled a probe of its sales practices with the U.S. Federal Trade Commission last month, top executives assured investors that the company would be able to thrive under the new rules. Billionaire investor William Ackman in 2012 claimed the company was running a pyramid scheme, recruiting members with a promise of payment for enrolling others in distribution, rather than depending on the actual sale of its nutritional supplements and weight management products. In its July 15 ā€ˇsettlement Herbalife agreed to restructure its U.S. business so distributors are rewarded for sales rather than for recruitment of sales agents and it agreed to pay a $200 million fine.




As Fed nears rate hikes, policymakers plan for 'brave new world'

Yellen testifies before the Senate Banking Committee at Capitol Hill in WashingtonBy Jason Lange and Ann Saphir JACKSON HOLE, Wyo. (Reuters) - Federal Reserve policymakers are signaling they could raise U.S. interest rates soon but they are already weighing new tools they may need to fight the next recession. A solid U.S. labor market "has strengthened" the case for the first rate increase since last December, Fed Chair Janet Yellen told a central banking conference in Jackson Hole, Wyoming.