Philly Mortgage Rate Update: July 2nd 2010

WOW!!

If you have good credit, a steady source of income and have been thinking about purchasing real estate then you owe it to yourself to get out there and start looking, unless of course you can afford to wait another 30 years or so for mortgage rates to be this low again.

 Todays Mortgage Rates:

30 Yr Fixed – 4.35% (.5 point) / 4.5% (0 points)

15 Yr Fixed – 3.75% (1 points) / 4% (0 points)

5 yr ARM – 3.25% (1 point) / 3.5% (0 points)

7 yr ARM – 3.5% (1 point) / 3.75% (0 points)

FHA 30 Yr Fixed – 4.25% (1  point) / 4.5% (0 points)

FHA 5Yr ARM – 3.75% (1 point) / 3.75% (0 points)

Investment – 4.75% (1 point) / 4.95% (0 points) 25% down payment required

*Rates are based on 80% loan to value unless noted and 720+ credit score (with the exception of FHA) *Income and Asset verification required and must meet DTI guidelines *This is not a commitment to lend and other conditions may apply
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APPLY FOR A MORTGAGE ONLINE

Brought to you by our favorite mortgage broker:

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Carina Marchese
Center City Mortgage
267.238.5785

email Carina
email Carina for today’s rate

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1 Comment »

  1. [...] interest rates are hovering at near-record lows and homes in the Philly market have become more affordable. Prices [...]

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