by Kelly Marsh, Broadview Mortgage
“The two biggest
reports on economic growth released this week both fell short of the forecasts,
which was favorable for mortgage rates. In addition, expectations increased for
a bond purchase program by the European Central Bank (ECB),
which also was positive for mortgage rates. As a result, mortgage rates ended
the week near the lowest levels of the year.”
THIS WEEK'S RATE TREND
IS DOWN
Loan Amounts under
$417K, Shown as Note Rate/APR
Conforming 30 year
fixed: 4.375/4.436
FHA 30 Year Fixed:
3.875/5.438
Conforming 5/1 ARM:
3.125/2.988
Conforming 7/1 ARM:
3.500/3.289
Loan Amounts over
$417K up to County Limits, Shown as Note Rate/APR
High Balance Conf. 30
Year Fixed: 4.375/4.423
FHA High Balance 30
Year Fixed: 3.875/5.392
High Balance 5/1 ARM:
3.750/3.204
Loan Amounts Exceeding
County Limits, Shown as Note Rate/APR
Jumbo 30 Year Fixed:
4.375 /4.415
Jumbo 5/1 ARM:
3.250/3.108
Jumbo 7/1 ARM:
3.500/3.253
Jumbo 10/1 ARM:
3.875/3.559
Conforming
All Counties: $417,000
High Balance Conforming
Santa Barbara:
$625,500
Ventura: $598,000
High Balance FHA
Santa Barbara:
$625,500
Ventura: $598,000
This information is
intended for Real Estate professionals only. Rates are subject to change. Above
rates assume par pricing for a 740 credit score and a loan-to-value at 75%.
0 comments:
Post a Comment