Wishing Everyone A Happy Easter! Real Estate Interest Rates in Rochester, MN:

By
Real Estate Agent with Counselor Realty of Rochester

Hello everyone.  I hope you had a great Easter weekend.  Markets were closed for Good Friday and therefore interest rates remained the same for the past 3 days.  Just a side note, the New York Stock Exchange and Nasdaq are not Federal or State institutions.

 

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From a lender in Rochester last Thursday:

April 5, 2012
MARKETS WILL BE CLOSED ON GOOD FRIDAY
Quoted 30 day lock – purchase transactions
Conforming 30 yr fixed w/1 % origination
**No cost float down
4.00%       APR 4.180%
Conforming 15 Yr Fixed     w/1% orig. fee
3.125%        APR 3.438%
FHA 30 YR FIXED       w/1% orig. fee
**No cost float down
3.75%      APR  4.678%
VA 30 yr fixed           w/1% origination
**No cost float down
3.75%      APR 4.107%
Rural Development           100.00% LTV
35 day lock only – min credit score – 640
w/ no origination fee
3.750%*    APR  4.055%
MNHFA   – Bond Loans w/ 1% orig. fee-         First Time Home Buyer
3.500%       APR 4.483%
JUMBO LOANS, up to $2,000,000 LOAN AMOUNTS- w/1% origination fee- up to 90% LTV no mortgage insurance*
4.625%*    APR 4.972%

Anyone interested in searching for Rochester, MN real estate can do so for free at either of these websites:

http://derrick.counselorrealty.com/

http://www.rochester-homes-for-sale.com/

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