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03-18-09 Interest Rate Snapshot

By
Mortgage and Lending

A repeat of yesterday - markets are up today, but rates are holding steady and quite low.  All interest rates listed below in the summary are PAR rates and do not reflect adjustments that may be required based on individual loan parameters.

Program

Interest Rate

APR

30 Year Fixed Conventional

4.875

4.972

15 Year Fixed Conventional

4.750

4.847

30 Year Jumbo Fixed

5.250

5.347

15 Year Jumbo Fixed

4.875

4.972

30 Year FHA

5.000

5.097

15 Year FHA

5.000

5.097

3/1 FHA ARM

4.250

4.347

*** Due to changes in the market, interest rates are subject to change at any time and without notice. The rates shown are average for our most qualified customers. Your individual rate may vary.***

Jason Sanders - Bringing Value to Financing - Residential, Commercial, & Hard Money
American Capital Finance
856 308 2462 - cell
856 792 9214 - direct phone
856 792 9215 - direct fax
www.mortgagemantra.blogspot.com
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Carol Harris
http://www.fordagencyrealestate.com/ - Fort Lee, VA
Realtor, ABR, e-PRO

Isn't it great.   I have written loans for as little as 4.25% this year.  I feel like I am doing something good for my Client when I accomplish this.  I hear rates are dropping tomorrow, Thursday, I hope so.

Carol Harris, Realtor, ABR, e-PRO  --  Ford Real Estate, Hopewell,VA

Mar 18, 2009 02:13 PM
Jason Sanders
Cherry Hill Township, NJ

It is a great feeling to be able to help people.

Mar 20, 2009 05:47 AM