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Daily Rate Blast - Medford Oregon Mortgage Interest Rates - July 26, 2011
Daily Rate Blast - Medford Oregon Mortgage Interest Rates - July 26, 2011 This morning’s Conventional FIXED and ARM rate quotes are: 30 Year 4.625% (4.870% APR) 15 Year 3.875% (4.121% APR) 5/1 ARM 3.125% (3.368% APR) 3/1 ARM 3.250% (3.489% 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 4.250% (4.491% APR) FHA 15 Year 3.750% (3.992% APR) VA 30 Year 4.250% (4.491% APR) USDA 30 Year 4.750% (4.989% 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 up +29 bps from yesterday’s close (4.0% coupon now @ 100.63) and the Stock Market is down -54.34 at 12,538.46 this ... more
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