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Daily Rate Blast - Medford Oregon Mortgage Interest Rates - August 2, 2011
Daily Rate Blast - Medford Oregon Mortgage Interest Rates - August 2, 2011

This morning’s Conventional FIXED and ARM rate quotes are:                            
30 Year                                                 4.375%   (4.619% APR)                                               
15 Year                                                 3.625%   (3.871% APR)
5/1 ARM                                              3.000%   (3.237% APR)
3/1 ARM                                              3.125%   (3.368% 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                                        3.500%   (3.738% APR)
VA 30 Year                                          4.250%   (4.491% APR)
USDA 30 Year                                     4.500%   (4.739% 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 +40 bps from Friday’s close (4.0% coupon now @ 102.28) and the Stock Market is down -98.65 ... more

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