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

Jobs data to be a big deal for record-high stocks

Job seekers fill out applications during 11th annual Skid Row Career Fair the Los Angeles Mission in Los AngelesWall Street will fixate on a wave of U.S. economic data next week, crested by payrolls data on Friday that could sway expectations about the timing of future interest rate hikes and spark volatility in record-high stock prices. Fresh data about employment and consumer confidence could help investors solidify expectations for a December interest rate hike from the U.S. Federal Reserve, or lend weight to a minority of strategists predicting a rate rise as early as next month. Fed Chair Janet Yellen said the case for a rate hike is strengthening, but she left open the timing of what would be the first increase since December 2015.




Fed's Yellen sees stronger case for interest rate hike

Federal Reserve Chair Janet Yellen attends a news conference after chairing the second day of a two-day meeting of the Federal Open Market Committee to set interest rates in WashingtonThe Federal Reserve is getting closer to raising interest rates again, the head of the U.S. central bankand other policymakers said on Friday in comments that left the door open for a hike as early as next month. Fed Chair Janet Yellen told a global monetary policy conference that the case for a rate increase had grown stronger, while Fed Vice Chair Stanley Fischer suggested a move could come at the central bank’s September policy meeting if the economy was doing well.