Just a bit of info about current home loan rates.
4% for a 30 year fixed conventional loan amount.....Wowza......
Remember though, not all rates apply to all borrowers!
- 30-year fixed conventional loan - 4.000% (4.069 APR). Loan amounts up to $424,100.00 = $2024.72
- 15-year fixed conventional loan - 3.250% (3.370 APR). Loan amounts up to $424,100.00 = $2980.02
- 5/1 ARM - Fixed for 5 years and then becomes variable - 3.375% - (3.480 APR) Loans up to $424,100.00 = $1874.93
- 7/1 ARM - Fixed for 7 years and then becomes variable - 3.625% - (3.734 APR) Loans up to $424,100.00 = $1934.11
- 10/1 ARM - Fixed for 10 years and then becomes variable - 3.750 - (3.871 APR) Loans up to $424,100.00 = $1964.07
- 30-year fixed FHA loan - 3.625% (4.659 APR). Loan amounts up to $424,100.00 = 1967.96+ $305.66 PMI= $2273.62
- 30-year fixed VA loan - 3.625% (3.848 APR). Loan amounts up to $424,100.00 = $1934.11
- 30-year fixed Jumbo loan - 4.250% (4.261 APR). Loan amounts up to $3,000,000.00 = $14,758.20
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