Personal Guarantee – Glw Drk http://glwdrk.com/ Thu, 08 Jul 2021 12:10:01 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://glwdrk.com/wp-content/uploads/2021/07/icon-1-150x150.png Personal Guarantee – Glw Drk http://glwdrk.com/ 32 32 Mortgage rates slide yet again | July 8, 2021 https://glwdrk.com/mortgage-rates-slide-yet-again-july-8-2021/ https://glwdrk.com/mortgage-rates-slide-yet-again-july-8-2021/#respond Thu, 08 Jul 2021 12:01:46 +0000 https://glwdrk.com/mortgage-rates-slide-yet-again-july-8-2021/ The last rate on a 30 year fixed rate mortgage is 3.31%. The last rate on a 15 year fixed rate mortgage is 2.374%. The latest rate on a Jumbo ARM 5/1 is 2.179%. The latest rate on a 7/1 compliant ARM is 3.765%. The latest rate on a 10/1 compliant ARM is 3.689%. Mortgage […]]]>
  • The last rate on a 30 year fixed rate mortgage is 3.31%.
  • The last rate on a 15 year fixed rate mortgage is 2.374%.
  • The latest rate on a Jumbo ARM 5/1 is 2.179%.
  • The latest rate on a 7/1 compliant ARM is 3.765%.
  • The latest rate on a 10/1 compliant ARM is 3.689%.

Mortgage rates today: 30-year fixed rate mortgage rates

  • The 30-year rate is 3.31%.
  • It’s a day offold by 0.029 percentage point. ⇓
  • It’s a month decrease by 0.031 percentage point. ⇓

The interest rate on a fixed rate mortgage will stay the same as long as you hold the loan. The most common type of fixed rate loan (and the term of the mortgage) is a 30-year mortgage. A long payback period and relatively low monthly payments make 30-year fixed rate mortgages very popular among borrowers. However, the interest rate on this type of loan will be higher compared to a shorter term loan, which means that you will pay more interest in the long term.

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Average mortgage rates

Data based on U.S. mortgages closed July 7, 2021

Type of loan July 7 Last week Switch
Conventional Fixed 15 Years 2.37% 2.47% 0.1%
Conventional Fixed 30 Years 3.31% 3.4% 0.09%
ARM rate 7/1 3.77% 4.11% 0.34%
ARM rate 10/1 3.69% 4.14% 0.45%

Your actual rate may vary

Mortgage rates today: 15 years fixed rate mortgage rates

  • The 15-year rate is 2.374%.
  • It’s a day offold by 0.044 percentage point. ⇓
  • It’s a month offold by 0.014 percentage point. ⇓

A 15 year fixed rate mortgage is a shorter term option than a 30 year one. Because the payback time is half that of a 30-year loan, the monthly payments will be higher. However, the interest rate will be lower, which means that the loan will not only be paid off faster, but you will also pay less interest on the loan, which will save you money.

Mortgage Rates Today: Jumbo Variable Rate Mortgage Rates 5/1

  • The ARM 5/1 rate is 2.179%.
  • It’s a day decrease by 0.039 percentage point. ⇓
  • It’s a month offold by 1,535 percentage points. ⇓

Instead of a fixed rate loan, you can also opt for an adjustable rate home loan. An ARM will have a fixed rate for a number of years, after which it will become variable and reset regularly. The monthly payments will also be fixed initially, but will then change according to changes in the interest rate.

An ARM 5/1, for example, will have a fixed rate for the first five years and then reset each year thereafter. Other ARM terms include an ARM 7/1 and an AMR 10/1. ARMs will generally have a total payback period of 30 years.

Mortgage Rates Today: VA, FHA, and Jumbo Loan Rates

The average rates for FHA, VA and jumbo loans are:

  • The rate for a 30-year FHA mortgage is 3.055%. ⇓
  • The rate for a 30-year VA mortgage is 3.111%. ⇓
  • The rate for a 30-year jumbo mortgage is 3.454%. ⇓

Mortgage Refinance Rate Today

The average rates for 30-year, 15-year and 5/1 jumbo ARM loans are:

  • The refinance rate on a 30 year fixed rate refinance is 3.737%. ⇓
  • The refinance rate on a 15 year fixed rate refinance is 2.609%. ⇓
  • The refinancing rate on a Jumbo ARM 5/1 is 2.445%. ⇓
  • The refinancing rate on a 7/1 compliant ARM is 4.002%. ⇓
  • The refinancing rate on a 10/1 compliant ARM is 4.103%. ⇓
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Average mortgage refinancing rates

Data based on U.S. mortgages closed July 7, 2021

Type of loan July 7 Last week Switch
Conventional Fixed 15 Years 2.61% 2.67% 0.06%
Conventional Fixed 30 Years 3.74% 3.83% 0.09%
ARM rate 7/1 4.0% 4.29% 0.29%
ARM rate 10/1 4.1% 4.51% 0.41%

Your actual rate may vary

Where Are Mortgage Rates Going This Year?

Mortgage rates fell through 2020. Millions of homeowners responded to low mortgage rates by refinancing existing loans and taking out new ones. Many people have bought homes that they might not have been able to afford if the rates were higher.

In January 2021, rates briefly dropped to all-time low levels, but tended to rise throughout the month and into February.

Looking ahead, experts believe that interest rates will rise further in 2021, but modestly. Factors that could influence the rates include how quickly COVID-19 vaccines are distributed and when lawmakers can agree on another cost-effective relief package. More vaccinations and government stimulus could lead to improved economic conditions, which would increase rates.

Although mortgage rates are likely to rise this year, experts say the increase will not happen overnight and it will not be a dramatic jump. Rates are expected to stay near their historically low levels throughout the first half of the year, rising slightly later in the year. Even with rates rising, this will still be a good time to finance a new home or refinance.

Factors that influence mortgage rates include:

  • The Federal Reserve. The Fed took swift action when the pandemic hit the United States in March 2020. The Fed announced plans to move money through the economy by lowering the Federal Fund’s short-term interest rate between 0% and 0.25%, which is as low as they go. The central bank has also committed to buying mortgage-backed securities and treasury bills, thereby supporting the housing finance market. The Fed has reaffirmed its commitment to these policies for the foreseeable future on several occasions, most recently at a policy meeting in late January.
  • The 10-year Treasury note. Mortgage rates move at the same pace as the yields on 10-year government treasury bills. Yields fell below 1% for the first time in March 2020 and have slowly risen since then. Currently, yields have hovered above 1% year-to-date, pushing interest rates up slightly. On average, there is typically a 1.8 point “spread” between Treasury yields and benchmark mortgage rates.
  • The economy in the broad sense. Unemployment rates and changes in gross domestic product are important indicators of the overall health of the economy. When employment and GDP growth are low, it means the economy is weak, which can lower interest rates. Thanks to the pandemic, unemployment levels hit historic highs early last year and have yet to recover. GDP has also been affected, and although it has rebounded somewhat, there is still a lot of room for improvement.

Tips for getting the lowest mortgage rate possible

There is no universal mortgage rate that all borrowers receive. Qualifying for the lowest mortgage rates takes a bit of work and will depend on both personal financial factors and market conditions.

Check your credit score and your credit report. Mistakes or other red flags that can lower your credit score. The borrowers with the highest credit scores will get the best rates, so it’s essential to check your credit report before you begin the home search process. Taking action to correct mistakes will help increase your score. If you have high credit card balances, paying them off can also give you a quick boost.

Save money for a large down payment. This will lower your loan-to-value ratio, which means how much of the home’s price the lender has to finance. A lower LTV usually results in a lower mortgage rate. Lenders also like to see money that has been saved in an account for at least 60 days. It tells the lender that you have the money to finance the purchase of the house.

Shop around for the best rate. Don’t settle for the first interest rate a lender offers you. Check with at least three different lenders to see who is offering the lowest interest rate. Also consider the different types of lenders, such as credit unions and online lenders, in addition to traditional banks.

Also take the time to learn about the different types of loans. While the 30-year fixed-rate mortgage is the most common type of mortgage, consider a shorter-term loan such as a 15-year loan or an adjustable rate mortgage. These types of loans often have a lower rate than a conventional 30-year mortgage. Compare everyone’s costs to see which one best suits your needs and your financial situation. Government loans – such as those backed by the Federal Housing Authority, the Department of Veterans Affairs, and the Department of Agriculture – may be more affordable options for those who qualify.

Finally, lock in your rate. Locking in your rate once you’ve found the right rate, the right loan product, and the lender will help ensure that your mortgage rate doesn’t increase until the loan closes.

Our mortgage rate methodology

Money’s Daily Mortgage Rates show the average rate offered by over 8,000 lenders in the United States for which the most recent rates are available. Today, we are posting the prices for Wednesday July 7, 2021. Our rates reflect what a typical borrower with a credit score of 700 can expect to pay on a home loan right now. These rates were offered to people with a 20% deposit and include reduction points.

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2021 NBA Finals – How Jae Crowder Became the NBA’s First Player https://glwdrk.com/2021-nba-finals-how-jae-crowder-became-the-nbas-first-player/ https://glwdrk.com/2021-nba-finals-how-jae-crowder-became-the-nbas-first-player/#respond Thu, 08 Jul 2021 12:00:13 +0000 https://glwdrk.com/2021-nba-finals-how-jae-crowder-became-the-nbas-first-player/ PERSON WHO knows Jae Crowder was surprised when he punctuated the Phoenix Suns’ first-round victory over the Los Angeles Lakers by dancing salsa in the general direction of LeBron James. “I loved it,” said Corey Crowder, father of Jae, who played for the Utah Jazz and San Antonio Spurs before a long career in Europe. […]]]>

PERSON WHO knows Jae Crowder was surprised when he punctuated the Phoenix Suns’ first-round victory over the Los Angeles Lakers by dancing salsa in the general direction of LeBron James.

“I loved it,” said Corey Crowder, father of Jae, who played for the Utah Jazz and San Antonio Spurs before a long career in Europe.

“It was hilarious,” said Isaiah Thomas, Crowder’s teammate and three-season Rubbish rival with the Boston Celtics. “Jae doesn’t take anything away from anyone.”

That’s how a junior college journeyman who started his NBA career as a deep reserve with the Dallas Mavericks becomes the plug-and-play role player every winning team wants. This has helped the league evolve in directions that favor players with the size and versatility of Crowder – a group that includes PJ Tucker, who joined the NBA with the Suns after several years in Europe and is now starting for the Milwaukee Bucks. .

Winning followed Crowder: from Marquette, where he played for two seasons; to those Boston teams; and now in the back-to-back finals with the Miami Heat – who never quite recovered from their loss – and the Suns.

Through it all, Crowder has never been intimidated or hit by a star. At the start of Crowder’s third season, Crowder and Mike Procopio, then Mavs player development coach, were training in the Mavs training gym the day before a home game against the Lakers. Kobe Bryant had scheduled time in the same gym after Crowder and took an early walk.

Prior to landing in Dallas, Procopio had been Bryant’s personal video coach. Bryant caught Procopio’s attention and attempted to strike up a conversation, Procopio and Crowder recalled. Crowder, who was and is a huge Bryant fan, stopped Procopio nonetheless: it was Crowder’s slot machine, and he didn’t care who was visiting. Adding a few chosen words, Crowder suggested that Procopio get back to work.

“That’s what makes Jae Jae,” Procopio said. “He has complete confidence – and a competitive chip on his shoulder that makes the iceberg that sank the Titanic look like a snowflake.”

A favorite habit of Crowder among his friends is that he sends text messages in capital letters – always on your face, even when you can’t see his face.

Crowder’s inner circle knew he would remember the end of the Lakers ‘Game 3 victory, when James backed him up again and again in front of the Lakers bench as LA reserves mimicked James’ moves in time. real.

“I felt so bad for my son,” Corey Crowder said. “But you take your punches and put it in your head. Jae has a really good memory. At some point the roles change.”


Crowd remembers her dad bouncing back into professional leagues to make a good living, and understands how his own career could have gone that way – the G League and Europe – instead of two long-term NBA contracts worth around $ 64 million.

The Suns’ willingness to guarantee Crowder three full seasons at nearly $ 10 million each was a big reason he picked them. Crowder’s Utah teammate Ricky Rubio called Crowder to recruit him for the Minnesota Timberwolves, Rubio and Crowder said. The Mavs were interested in a reunion, although they did not make any firm offers, sources said. The Heat wanted him to return, but on a shorter contract, sources said.

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