Friday, December 8, 2017

Fires Don't Stop Real Estate

And, with that said.....here's the current loan rates from a lender pal of mine!

  • 30-year fixed conventional loan - 4.000% (4.066 APR). Loan amounts up to $453,100.00 =$2163.17
  • 15-year fixed conventional loan - 3.500% (3.615 APR). Loan amounts up to $453,100.00 =$3239.13
  • 5/1 ARM - Fixed for 5 years and then becomes variable - 3.375% - (3.478 APR) Loans up to $453,100.00 = $2003.14
  • 7/1 ARM - Fixed for 7 years and then becomes variable - 3.625% - (3.731 APR) Loans up to $453,100.00 = $2066.37
  • 10/1 ARM - Fixed for 10 years and then becomes variable - 3.750 - (3.868 APR) Loans up to $453,100.00 = $2098.38
  • 30-year fixed FHA loan - 3.750% (4.777 APR). Loan amounts up to $453,100.00 = $2135.10+ $326.56 PMI= $2461.66
  • 30-year fixed VA loan - 3.750% (3.955 APR). Loan amounts up to $453,100.00 = $2098.38
  • 30-year fixed Jumbo loan - 4.125% (4.131 APR). Loan amounts up to $3,000,000.00 = $14,539.49

Keep in mind that there are some issues with insurance coverage in some areas right now. Make sure you are in contact with your insurance company, particularly if you are in escrow!

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