Daily Rate Blast - Medford Oregon Mortgage Interest Rates - August 23, 2011

By
Mortgage and Lending with Bank of Oregon a division of Willamette Valley Bank

Daily Rate Blast - Medford Oregon Mortgage Interest Rates - August 23, 2011

 

This morning’s Conventional FIXED and ARM rate quotes are:                            

30 Year                                                 4.250%   (4.492% APR)                                               

15 Year                                                 3.375%   (3.619% APR)

5/1 ARM                                              3.125%   (3.373% APR)

3/1 ARM                                              3.125%   (3.373% APR)

                                                                                                         

 

*These rates are available for an 80% LTV purchase or rate/term refinance transaction with a 740+ FICO

score and loan amount between $125,000 - $417,000 based upon a 1% Origination Fee and 30 day lock

using Approved Lenders.

 

This morning’s Government FIXED rate quotes are:                                              

FHA 30 Year                                        3.875%   (4.121% APR)                                               

FHA 15 Year                                        3.250%   (3.490% APR)

VA 30 Year                                          3.875%   (4.121% APR)

USDA 30 Year                                     4.375%  (4.621% APR)

 

*These rates are available for a 96.5% LTV purchase (FHA), 100% LTV purchase (VA) or up to 103.63% LTV

purchase (USDA) transaction with a 680+ FICO score and loan amount between $125,000 - $417,000

based upon a 1% Origination Fee and 30 day lock using Approved Lenders.

 

 

MARKET COMMENTS:

 

Mortgage Backed Securities are down -3 bps from yesterday’s close (4.0% coupon now @ 103.94) and the Stock Market is up +188.23 at 11,042.88 this morning. July New Home Sales declined -0.7% to a 298K annualized market. The Treasury Department will auction $35B worth of 2 Year Notes today. Oil is $84.89per barrel and Gold is $1,883.51 per ounce.

 

Have a great Tuesday!       

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Groups:
Moving to Oregon
Bartender, Make it a Double
Mortgages
Addicted to Active Rain
The Lounge at Active Rain
Tags:
current interest rates
daily rate blast
medford oregon interest rates
karen burket

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
142,371

Karen Burket

Valley Mortgage Grou, Conventional, FHA, VA, mortgages
Ask me a question
*
*
*
*
Spam prevention

Additional Information