|
Product
|
Interest Rate
|
APR
|
|
Conforming Loans
|
||
|
30 – Year Fixed
|
3.875%
|
3.90%
|
|
15 – Year Fixed
|
3.250%
|
3.30%
|
|
5 – Year ARM
|
3.125%
|
3.02%
|
|
7 – Year ARM
|
3.375%
|
3.23%
|
|
Jumbo Loans
|
||
|
30 – Year Fixed
|
4.85%
|
4.87%
|
|
5 - Year ARM
|
3.525%
|
3.270%
|
|
7 - Year ARM
|
3.875%
|
3.52%
|
|
FHA Loans
|
||
|
30 – Year Fixed
|
3.75%
|
3.97%
|
Is it a good time to lock?
Rates have been historically low and continue to fall. Depending on your current rate, current loan terms, and financial situation, now is certainly the best time to consider refinancing or buying a new home!
If you’re simply not ready to lock quite yet, be sure that your information is on file and current so you may move forward quickly. When it’s time to lock your rate, we will be ready for you! Call today for a quick analysis taylored to meet your specific needs.
Mortgage rates posted daily are strictly based on owner occupied financing, rate and term only, no cash out, with manditory escrows required per State. Rates are based on 75% loan to value, single family residences. Rates for investment homes or non-owner occupied homes do not apply to the rates posted on this website; please call when looking to refinance or purchase an investment home in which you do not intend to reside in. Rates change daily, so please call for an accurate scenario which will apply to you and your financial portfolio.
Ron and Lisa Marie Mulso, at your service!
CORP NMLS # 267533
ILLINOIS STATE #MB.6760314
