Mortgage refinance demand has increased from last week, as some fear the end of super-low rates is near. The rate for 30-year fixed-rate mortgages with conforming loan balances rose to the highest level in a month, but applications rose 3% last week from the previous week, the Mortgage Bankers Association said. Mortgage applications to purchase a home increased by 1% from the previous week and were 14% lower than a year ago.

A key inflation indicator that the Federal Reserve uses to set policy rose 3.4% in May, the fastest increase since the early 1990s, according to the Commerce Department. There was no significant impact on the market. The stock market posted mostly solid gains, while government bond yields were moderately higher. Fed officials continue to insist that they see the current situation as temporary, and are likely to abate as conditions return to normal.

Continual floating of longer-term and brand new files, while locking interest rates in time for closing loans, is recommended.


由于部分民眾担心超低利率即将结束,每周抵押贷款的重貸需求激增。 一般性的30年期固定利率抵押贷款平均合同利率升至一个月最高水平。 尽管如此,抵押贷款银行家协会表示,上周住房重款申请比前一周增加了 3%。 购买房屋的抵押贷款申请比前一周增加了 1%,比一年前下降了 14%。

美国商务部周五报告称,美联储用来制定政策的一项关键通胀指标在 5 月份上涨了 3.4%,为 1990 年代初以来的最快涨幅。 它仍然符合道琼斯的估计,市场对此消息反应不大。 股市大多稳健上涨,而政府债券收益率温和走高。 美联储官员继续坚称,他们认为目前的情况是暂时的,随着情况恢复正常,情况可能会减弱。


Economic Calendar

Report Period Estimate Impact
Date: Tue. Jun. 29
S&P/Case-Shiller Home Price Index Apr NA Moderate
Consumer Confidence Jun 118.8 Moderate
Date: Wed. Jun. 30
Pending Home Sales May 0.8% Moderate
ADP National Employment Report Jun 475K High
Chicago PMI Jun 72 Moderate
Date: Thu. Jul. 01
Jobless Claims (Initial) 6/26 389K Moderate
ISM Index Jun 61 High
Date: Fri. Jul. 02
Non-farm Payrolls Jun 600K High
Unemployment Rate Jun 5.7% High
Hourly Earnings Jun 0.4% High
Average Work Week Jun 35.0 Moderate

Daily rate based on: SFR/Primary/LTV60/FICO 780/Purchase
IMPORTANT: Advertised rates were valid and effective as of the date reflected above, are for informational purposes only, and are subject to change without notice.

Loans are subject to credit and collateral approval. Advertised rates are based on a set of loan assumptions including a borrower with excellent credit history and optimal loan characteristics. Your final interest rate and annual percentage rate (APR) may differ depending on your individual transaction’s specific characteristics, and certain products may not be available for your situation. Several determining factors include, but are not limited to, the state of the property location, loan amount, documentation type, loan type, occupancy type, property type, loan to value, and credit score.

APR reflects the cost of credit over the term of the loan expressed as an annual rate. For mortgage loans, APR may include the interest rate, discount points (also referred to as “points”), and other charges or fees (such as mortgage insurance and origination fees), but does not necessarily take into account other loan-specific finance charges you may be required to pay.

Golden Star, Inc. dba Transglobal Lending, 185 W. Chestnut Ave., Monrovia, CA 91016, NMLS # 1437002 ( All rights reserved. Equal Opportunity Employer and Equal Housing Lender. All mortgage products are subject to credit property approval. Rates, Program terms and conditions are subject to change without notice. Additional conditions, qualifications, and restrictions may apply. This is not an offer for extension of credit or a commitment to lend.