Interest Rates Improve
Interest rates for long term mortgages have improved a bit over the last week or so.
The following are interest rate quotes from Al Hermann of American/California Financial Services
|
30 Yr Fixed FHA |
|||||
|
Rate |
APR |
||||
|
4.875% |
5.181% |
|
Conforming 30 Yr Fixed up to $417000 |
|||||
|
Rate |
APR |
||||
|
4.875% |
5.029% |
|
Conforming Jumbo 30 Yr Fixed $417001 – $625500 |
|||||
|
Rate |
APR |
||||
|
5.125% |
5.274% |
|
Conforming Jumbo Fixed $625000 – $729750 |
|||||
|
Rate |
APR |
||||
|
5.125% |
5.271% |
|
Jumbo 7/1 ARM $1.5 Mil (higher loan amt available) |
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|
Rate |
APR |
||||
|
5.490% |
3.899% |
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