Thursday, January 17, 2019

Incredible Interest Rates As Of January 17, 2019

I'm actually really surprised about interest rates. But nothing in Real Estate completely stuns me anymore! 17 years of helping people, one constant....Real Estate is always changing!

Every expert told me we'd be in the 6's this year....well, look below....with a 740 FICO....what killer rates we are still seeing.

YOUR SITUATION WILL DIFFER FROM SOME, BETTER OR WORSE......TALK TO ONE OF MY PREFERRED LENDERS AND SEE WHAT THEY HAVE TO SAY.....
Then, let's get in the car and find you a home!

  • 30-year fixed conventional 1st Mortgage with 20% down - 4.625% (4.684 APR). Loan amounts up to $484,350.00 = $2490.23
  • 15-year fixed conventional 1st Mortgage with 20% - 4.125% (4.227 APR). Loan amounts up to $484,350.00 = $3613.09
  • 5/1 ARM 1st Mortgage -  20% down - Fixed for 5 years and then becomes variable - 3.875% -  (3.895 APR) Loan amounts up to $3,000,000.00 = $14,107.11
  • 7/1 ARM 1st Mortgage - 20% Fixed for 7 years and then becomes variable - 4.000% - (4.009 APR) Loan amounts up to $3,000,000.00 = $14,322.46
  • 10/1 ARM 1st Mortgage - 20% Fixed for 10 years and then becomes variable - 4.125% - (4.135 APR) Loan amounts up to $3,000.,000.00 = $14,539.49
  • 30-year fixed 1st Mortgage FHA loan 3.50% down - 4.125% (5.521 APR). Loan amounts up to $484,350.00 = $2388.48 + $349.08 PMI = $2737.56
  • 30-year fixed 1st Mortgage VA loan 0% - 4.250% (4.308 APR). Loan amounts up to $484,350.00 = $2382.71
  • 30-year fixed 1st Mortgage Jumbo loan 20% down - 4.375% (4.386 APR). Loan amounts up to $3,000,000.00 = $14,978.56


Absolutely Freaking Incredible!!! 


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