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Interest Rates Continue at very Low Levels

By
Real Estate Agent with Remax Estate Properties - BRE #01368971

After bumping up a bit a week or so ago, interest rates are back down to extremely low levels. 

The following are interest rate quotes from Al Hermann of American/California Financial Services , Loan Interest Rates continue at Unbelievably low rates.

 

Conforming 30 Yr Fixed up to $417000

Rate

APR

 

       

4.000

4.147

Details

       

 

Conforming Jumbo 30 Yr Fixed $417001 - $625500

Rate

APR

 

       

4.125

4.266

Details

       

 

Conforming Jumbo Fixed $625000 - $729750

Rate

APR

 

       

4.125

4.264

Details

       

 

Jumbo 7/1 ARM $1.5 Mil (higher loan amt available)

Rate

APR

 

       

4.250

3.433

Details

       

Comments (2)

Steve McCoole
Mortgage Alliance Group - San Diego, CA - NMLS#305667 - San Diego, CA

Low still from a historical perspective but we have seen a considerable uptick since the early November announcement of QEII from the Fed.  Mortgage bonds are getting absolutely killed today.

Nov 12, 2010 07:53 AM
Kay Van Kampen
RE/MAX Broker, RE/MAX - Springfield, MO
Realtor®, Springfield Mo Real Estate

Maureen, what such low rates, we should be overran with buyers.  I hear the banks are doing a lot of refi's

Nov 13, 2010 02:51 PM