There’s no time like the present, so the famous saying goes. And that’s certainly true when it comes to the good inflation news we saw last week. But, remember, things with inflation could change in the future as the economy continues to try to climb out of the recession…which could have a negative impact on Bonds and home loan rates.
Todays Mortgage Rates:
30 Yr Fixed – 5.125% (1 point) / 5.375%(0 points)
15 Yr Fixed – 4.375% (1 point) / 4.75% (0 points)
FHA – 5% (1 point) / 5.25% (0 points)
Investment – 5.5% (1 point) / 5.845% (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