Rates have gone up a little in the last week, or should I say last rates dipped a little below six. There are deals out there.
Conforming mortgage rates mentioned below are considered with loan amounts up to $417,000 for a single family residence and is owner occupied. It is with proving your income and a "full document borrower".
The rates quoted are based on a purchase price of $200,000 on a 30-day lock. On these conforming loans, there are no prepayment penalties involved.
Program | Rate | APR |
| 95% | 6.25 | 7.43 |
| 100% With Mort Insurance | 6.38 | 7.78 |
| 100% No Mort Insurance | 7.00 | 7.19 |
| My Community 100% | 6.88 | 7.80 |
| VA 100% | 6.00 | 6.81 |
| FHA 97% | 6.00 | 6.17 |
If you would like any additional scenarios done, please call for that information at 801-747-1233 and ask for Cindee or email to Cindee@CindeeStone.com
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