Mortgage Rates in St Louis, MO
According to the Economic and Strategic Report of Fannie Mae last December the market “has turned the corner and a sustained recovery is under way.” Experts are looking at an increase of 15% on mortgage originations while refinance volume is expected to fall 26%.
St. Louis MORTGAGE INTEREST RATES for January 3, 2013:
- Conventional 30-Year Fixed 3.500%/ 3.777% APR
- Conventional 15-Year Fixed 3.000%/ 3.097% APR
- Conventional 7/1 ARM 2.625%/ 3.332% APR
- FHA/VA 30 Year Fixed 3.25%/4.160% APR
- Jumbo 5/1 ARM 2.625%/ 2.426% APR
- Jumbo 15 yr Fixed 3.000%/ 3.094% APR
- Jumbo 30 yr Fixed 4.625%/ 4.719% APR
*The above mortgage rates are based upon an 80% LTV, o/o single family with FICO scores of 720.
For any real estate or mortgage related questions, please call me directly at (314) 761-4057, email at Michael@TheNettGroup.com, or visit our website www.TheNettemeyerGroup.com
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