As a result of the recent stock market rally, mortgage rates are up approximately 0.8 percent. The 30 year fixed rate mortgage now hovers around 6.5 percent, and the CHFA rate went up a quarter point. Short indicators point to continued upward pressure on mortgage rates. Here are this week’s rates: Friday, October 31st, 2008 …
Friday, September 5th, 2008 All rate quotes are for a 60-day lock with 0 points Conforming limits are up to a $417,000 loan limit* 30 yr conforming fixed: rate = 6.250% APR = 6.459% 15 yr conforming fixed: rate = 5.750% APR = 5.924% 7/1 yr conforming ARM: rate = 6.125% APR = 6.358% 5/1 …
Sunday, August 3rd, 2008 All rate quotes are for a 60-day lock with 0 points Conforming limits are up to a $417,000 loan limit* 30 yr conforming fixed: rate = 6.500% APR = 6.740% 15 yr conforming fixed: rate = 6.000% APR = 6.249% 7/1 yr conforming ARM: rate = 6.125% APR = 6.358% 5/1 …
Sunday, July 13th, 2008 All rate quotes are for a 60-day lock with 0 points Conforming limits are up to a $417,000 loan limit* 30 yr conforming fixed: rate = 6.375% APR = 6.459% 15 yr conforming fixed: rate = 5.875% APR = 6.095% 7/1 yr conforming ARM: rate = 6.125% APR = 6.358% 5/1 …
Friday, June 6th, 2008 All rate quotes are for a 60-day lock with 0 points Conforming limits are up to a $417,000 loan limit* 30 yr conforming fixed: rate = 6.250% APR = 6.344% 15 yr conforming fixed: rate = 5.750% APR = 5.863% 7/1 yr conforming ARM: rate = 5.875% APR = 6.231% 5/1 …