Today's Rates 04-15-14

Loan Amt:  
Term Rate APR Payment
30 Yr 4.125% 4.163%
Super Conf 30yr 4.250% 4.296%
FHA 3.625% 3.625%
15 Yr 3.125% 3.191%
5/1 ARM 2.750% 2.825%
7/1 ARM 3.125% 2.990%
30 Yr VA 3.625% 3.625%
 









 
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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.

 

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Market News

China economic growth slows to 18-month low in first-quarter

A labourer works at a construction site in HangzhouBy Adam Rose and Xiaoyi Shao BEIJING (Reuters) - China's economy grew at its slowest pace in 18 months at the start of 2014, but did a touch better than expected and showed some improvement in March, suggesting Beijing will not rush to follow up recent steps to support activity. The economy grew 7.4 percent in the January-March quarter from a year earlier, the National Bureau of Statistics said on Wednesday. It was China's slowest annual growth since the third quarter of 2012, when the world's second-largest economy also grew 7.4 percent. "The slowdown of China's economy is a reflection of a transformation of the economic mode," said Sheng Laiyun, of the National Bureau of Statistics.




Global shares up on China relief, Ukraine strains remain

A man smokes a cigarette outside The London Stock ExchangeBy Marc Jones LONDON (Reuters) - Share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome. China's economy grew 7.4 percent in the first quarter, from a year earlier, pipping forecasts of 7.3 percent. The relief rippled through Asian markets, with Japan's Nikkei ending up 3 percent - its biggest gain since February. "China is still on a downward path on growth but clearly the market took some relief in that number ... our basic view is that it will be a gradual slowdown rather than a hard landing." The mood had already been lifted by a late rally at the end of a rollercoaster session on Wall Street, thanks mainly to some solid earnings reports.