Monday, July 8, 2013

Mortgage Rates July 8 2013

Current Info on Mortgage Rates today from one of my favorite lenders:

Mortgage Interest Rates
Rates as of Monday, 8th July, 2013:
 TermConformingAPRPayment per
30-Yr. fixed3604.625%4.84%$5.14
15-Yr. fixed1803.875%4.21%$7.33
VA 30 Fixed3604.5%4.81%$5.07
FHA 30 Fixed3604.5%6.01%$5.07
20 yr fixed rate 417,0002404.75%5.01%$6.46
10 yr fixed rate 417,0001203.75%4.29%$10.01

We all got so used to having rates below 4 that with this hike it freaks a few people out. Puts a few out of their original price range too!

But, rates are still historically low, homes prices are still low. Now is still a great time to buy!

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