The following are examples of current mortgage rates from one of my preferred lenders. However rates do change without notice and these rates are not guaranteed. Use them only as a guideline to the current market conditions. 


30-yr Fixed

4.625 Rate

1.000

Points

4.775

APR

30

Lock Days

15-yr Fixed

4.500

Rate

0.750

Points

4.724

APR

30

Lock

Days

FHA 30-yr Fxd 

5.000

Rate

1.000

Points

5.153

APR

30

Lock Days

5/1 ARM Jumbo

5.000

Rate

0.500

Points

3.636

APR

30

Lock Days

 

Rates based on $175,000 first mortgage loan for single family home. Jumbo rates (loans that exceed $417,000) based on $450,000 loan. All rates are believed to be accurate but cannot be guaranteed and are subject to change without notice. Minimum downpayment requirements and other restrictions may apply. Closing costs may vary. Due to recent federal legislation, rates for some loan amounts may be different than those shown in guide based on factors such as loan-to-value ratios and credit scores. Please check with a selected lender to see how these recent changes may affect you and for all loan details. Companies pay a fee to advertise in this Guide. Pts=points, which include origination and discount fees. APR=annual percentage rate and is calculated by each company - includes costs to obtain loan and private mortgage insurance if required. Lock=rate lock period. ARM=adjustable rate mortgage. Fees are estimated costs which may vary from loan to loan. These are not inclusive of all closing costs and do not include points, prepaid interest, or escrow items.

 

Olan Carder

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