Current Mortgage Rates for Friday, September 9, 2011

By on September 9, 2011

If you are looking for some of the lowest mortgage rates available, look no further.  Total Mortgage is known for having some of the best service and the most competitive rates in the country.  It is this dedication to excellence that has allowed us to make Inc. 5000′s list of the fastest growing companies in the United States for two years running.  For nearly 15 years, we’ve been helping responsible people become responsible homeowners. We want to be your partner in the mortgage industry.  If you’re considering refinancing your mortgage or purchasing a new home, call us today at 877-868-2503.  We can help you become pre-approved for a home loan in just minutes.  Start planning your future today.   

Today’s Links:

On this day in 1956, Elvis Presley made his debut on the Ed Sullivan Show.

 

Bloomberg: Obama Proposes $447 Billion Jobs Stimulus Plan.

Calculated Risk: The American Jobs Act.

U.S. News and World Report: Refinancing Out of Reach for Many Americans.

Yves Smith: Banks Have Hissy Fit, Cancel Meeting With Attorneys General.  Great headline.

NYT Dealbook: Settlement Said to Be Near for Fannie and Freddie.

Bloomberg: Moynihan to Make B of A “Smaller, More Focused”.  Too small to fail?

Paul Krugman: That 1937 Feeling.

Some of Our Rates and Products:

***Mortgage rates fluctuate frequently.  The below rates were quoted at 1:10 P.M., on September 9, 2011.  Call 877-868-2503 for more details.***

Mortgage Product Mortgage Rates APR
30 Year Fixed Conventional Mortgage 3.990% 4.143%
15 Year Fixed Conventional Mortgage 3.250% 3.517%
30 Year Fixed FHA Mortgage 3.990% 5.318%
30 Year Fixed Jumbo Mortgage 5.000% 5.118%
5/1 Conforming ARM Mortgage 2.750% 3.064%
5/1 Jumbo ARM Mortgage 2.750% 3.038%

* All rates shown are for 30 day rate locks. Longer locks are available. The APR for conventional loan amounts is calculated using a loan amount of $417,000, 1 point, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for jumbo loan amounts is calculated using a loan amount of $500,000, two points, a $495 application fee, $400 appraisal fee, $715 underwriting fee and a $16 flood certification fee. The APR for FHA loan amounts is calculated using a loan amount of $295,000, two points, a $495 application fee, $450 appraisal fee, $715 underwriting fee and a $16 flood certification fee. Some rates and fees may vary by state. All interest rates listed are for qualified applicants with 720 or higher FICO and 80 LTV and are subject to mortgage approval with full documentation of income. All rates are subject to change without notice.  All rates shown are for 30 day rate locks with 1 point unless otherwise noted.

Total Mortgage consistently offers some of the lowest current mortgage rates, jumbo mortgage rates, and fha mortgage rates in the country.

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Filed under Mortgage Rates
Tags: adjustable rate mortgage, FHA mortgage, fixed rate mortgage, Jumbo Mortgage, Mortgage, Mortgage Rates, Total Mortgage

For an exact mortgage rate quote and a free purchase mortgage pre-approval from Total Mortgage - a licensed mortgage lender and mortgage broker, complete a free rate quote request now!.

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