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Mortgage Rate Update 9/26/08

September 26, 2008

With all the historic happenings on Wall Street, the interest rates nudged up a bit this week: Friday, September 26th, 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 = 6.125% APR = 6.322% 15 yr conforming fixed: [...]

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Mortgage Rate Update 9/12/08

September 12, 2008

Well, this is the first rate update since the Feds took over Fannie Mae (FNMA) and Freddie Mac (FHLMC). We were hoping for a little bigger cut in the rates, but suppose this will have to do! A good write-up of the takeover can be found on the Wall Street Journal’s web site. Friday, September [...]

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Mortgage Rate Update

September 5, 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 [...]

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Mortgage Rate Update

August 23, 2008

Sunday, August 24th, 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 = 6.562% 15 yr conforming fixed: rate = 5.875% APR = 6.141% 7/1 yr conforming ARM: rate = 6.125% APR = 6.358% 5/1 [...]

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Mortgage Rate Update

August 2, 2008

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 [...]

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Mortgage Rate Update

June 6, 2008

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 [...]

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