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Friday, April 16, 2010

Mortgage Rate Update

Mortgage rate update from one of my preferred broker vendors...



Here are the current mortgage rates … if you have any questions, please let me know.
**Keep in mind that every borrower’s situation is different, and each must be evaluated individually.**
REVISED April 15th, 2010---- 4:00 PM ETLock Period = 30 Days
CONVENTIONAL CONFORMING LOANS (loans less than or equal to $417,000)

30 YEAR FIXED ---------------------------- 5.000%/ 4.891% APR
30 YEAR FIXED INTEREST ONLY--- 5.500%/ 5.657% APR
15 YEAR FIXED----------------------------- 4.375%/ 4.411% APR
5 / 1 ARM------------------------------------- 3.625%/ 3.294% APR
7/1 ARM ------------------------------------ 4.125%/ 3.816% APR

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