Interest Rates have again moved down about an eighth of a point over the last couple of weeks as investors continue to move their investments into government securities due to the turmoil in the middle east, which have caused overall interest rates to move downward slightly,
The following are interest rate quotes from Al Hermann of American/California Financial Services ,
30 Yr Fixed FHA |
||||||
Rate |
APR |
|||||
4.375 |
4.834 |
Conforming 30 Yr Fixed up to $417000 |
||||||
Rate |
APR |
|||||
4.625 |
4.778 |
Conforming Jumbo 30 Yr Fixed $417001 – $729750 |
||||||
Rate |
APR |
|||||
4.750 |
4.896 |
Jumbo 30 Yr. to $1.5 Mil |
||||||
Rate |
APR |
|||||
5.375 |
5.516 |
Jumbo 7/1 ARM $1.5 Mil (higher loan amt available) |
||||||
Rate |
APR |
|||||
4.490 |
3.518 |
The following are interest rate quotes from Jan Schott Bank of America, Home Loans [email protected] 310-802-2300 :
Friday, March 11, 2011
Conforming 15/Yr Fixed to $417,000
3.875% @ .625/pts 4.125% @ 0/pts
Conforming 30/Yr Fixed to $417,000
4.750% @ .325/pt 4.875% @ 0/pts
Conforming High Balance 30/Yr Fixed to $729,750
4.750%@ .875/pts 5.000%@ 0/pts
Non-Conforming 5/Yr Fixed to $2,000,000
4.000% @ .750/pts 4.250% @ 0/pts
Non-Conforming 30/Yr/Fixed to $2,000,000
5.375%@ .875/pt 5.625%@ 0/pts
FHA Fixed to $729,750
4.750%@ .375/pt 4.875%@ 0/pts
Rates based on 20% down, FICO score of 740 or greater, 30/day pricing. .FHA is based on 3.5% down payment, FICO 620, 30/day pricing. Rates not guaranteed and subject to change daily. Pricing adjustments may apply. Points are for rate only. Standard closing costs apply.
For more information about Palos Verdes and South Bay Real Estate and buying and selling a home on the Palos Verdes Peninsula, visit my website at https://www.maureenmegowan.com . I try to make this the best real estate web blog in the South Bay Los Angeles and the Palos Verdes Peninsula. I would love to hear your comments or suggestions.