Current Info on Mortgage Rates today from one of my favorite lenders:
| Mortgage Interest Rates |
| Rates as of Monday, 8th July, 2013: |
| | Term | Conforming | APR | Payment per
$1,000 |
| 30-Yr. fixed | 360 | 4.625% | 4.84% | $5.14 |
| 15-Yr. fixed | 180 | 3.875% | 4.21% | $7.33 |
| VA 30 Fixed | 360 | 4.5% | 4.81% | $5.07 |
| FHA 30 Fixed | 360 | 4.5% | 6.01% | $5.07 |
| 20 yr fixed rate 417,000 | 240 | 4.75% | 5.01% | $6.46 |
| 10 yr fixed rate 417,000 | 120 | 3.75% | 4.29% | $10.01
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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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