Thanks to Catherine Eusea at Prospect Mortgage for providing us with valuable interest rate updates
Below are today’s rates and information on BIG CHANGES to FHA for loan applications on October 4th, 2010.
Conventional 30 yr. fixed – 4.00% - 4.139% APR
Conventional 20 yr. fixed – 4.00% - 4.193% APR
Conventional 15 yr. fixed – 3.75% - 3.996% APR
Investment 20% down – 30 yr. fixed – 4.875% - 5.022% APR
Investment Homepath 10% down, no MI – 30 yr. fixed – 5.125% - 5.267% APR
FHA/VA – 30 yr. fixed – 4.25% - 4.927% APR
FHA/VA – 15 yr. fixed – 4.00% - 4.684% APR
FHA 203k Rehab/Renovation Mortgage – 30 yr. fixed – 4.75% - 5.455% APR
Homepath 3% down, no MI – 30 yr. fixed – 4.375% - 4.724% APR
Homepath 10% down, no MI – 30 yr. fixed – 3.75% - 4.340% APR
If you are thinking about buying give a lender a call
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