RATES KEEP GOING DOWN!!
January 16th, 2012
The MBS Market closed last week trading up (+ 12 bps). Rates are now even lower than the lowest rates ever last week.
I have mentioned Fannie Mae pricing increases coming in past updates. Our last investor makes this change on January 23rd – so if you think you want to lock in a great rate/price – please contact me by this Friday.
Below are rates available today paying a point or less:
30 year fixed: 3.75% paying .81 points, 4% paying 0 points
20 year fixed: 3.625% paying .73 points, 3.875% paying 0 points
15 year fixed: 3% paying .9 points, 3.25% paying 0 points
5/1 ARM: 2.25% paying .96 points, 2.75% paying 0 points
7/1 ARM: 2.75% paying .95 points, 3.125% paying 0 points
30 year fixed High Balance Loan: 4% paying .5 points, 4.25% 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
Today’s Mortgage Interest Rates. Current Mortgage Interest Rates and APRs for refinancing and purchasing in Arizona, California, and Colorado. Mortgage Rate Sheets for fixed mortgages, ARM mortgages, Variable Mortgages, Interest Only Mortgages, HARP mortgages, HARP 2.0 mortgages, DU Refi Plus Mortgages, Freddie Mac Open Access Mortgages, Freddie Mac Foreclosure Relief Mortgage, VA mortgages, VA Interest Rate Reduction Loans, FHA mortgages, FHA streamline mortgages, Conforming mortgages, Conventional Mortgages, High Balance Mortgages, Fannie Mae mortgages, Freddie Mac Mortgages, and Jumbo Mortgages.
RATES KEEP GOING DOWN – FANNIE MAE PRICING HITS COMING MONDAY