MORTGAGE RATES LOWER AGAIN, 30 YEAR FIXED DOWN TO 3.99%:
The bond market closed last week up +34 basis points. President Obama’s Thursday night speech appeared to have a positive impact on mortgage pricing, as pricing improved the most on Friday.
We are still in a volatile market where mortgage pricing can change dramatically in a short period of time. Right now we are at or very near the lowest rates I have seen in 2011.
Below are current rates available paying a point or less.
30 year fixed: 3.99% paying .4 points, 4.125% paying 0 points
20 year fixed: 3.75% paying .39 points, 3.875% paying 0 points
15 year fixed: 3.25% paying .4 points, 3.375% paying 0 points
5/1 ARM: 2.5% paying .98 points, 3% paying 0 points
7/1 ARM: 2.875% paying .85 points, 3.25% paying 0 points
30 year fixed FHA: 3.75% paying 0 points
15 year fixed FHA: 3.25% paying 0 points
30 year fixed VA: 3.75% paying 0 points
30 year fixed High Balance Loan: 4.25% paying .6 points, 4.375% paying 0 points
Today’s Mortgage Interest Rates. Current Mortgage Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Mortgage Rates Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, VA mortgages, FHA mortgages, Conforming mortgages, Conventional Mortgages, High Balance Mortgages and Jumbo Mortgages.
MORTGAGE RATES LOWER AGAIN / 30 YEAR FIXED DOWN TO 3.99%!