Yesterday, Freddie Mac announced that mortgage rates have fallen to lowest levels ever recorded. Current mortgage rates being offered at Total Mortgage reflect these decreases as we are offering some of the lowest rates in the industry. Total Mortgage’s Friday morning rates present a great opportunity for homeowners looking to refinance and potential home buyers.
30 Year Fixed Conventional mortgages are currently being offered with a rate of 4.375% rate and an APR of 4.581%. 30 Year Fixed FHA mortgages are being offered with a rate of 4.250% and an APR of 5.244%.
In addition to these, 15 Year Fixed Jumbo Mortgage are being offered with a rate of 5.250% rate and an APR of 5.461%. A 5/1 ARM Jumbo Mortgage is currently available with a 3.000% rate and a 3.480% APR.
Mortgage rates change daily and sometimes multiple times a day. All rates listed were quoted at 9:30 a.m. (EST) on June 25, 2010.
| Loan Type | Rate | APR |
|---|---|---|
| 30-Year Fixed Conventional | 4.375% | 4.581% |
| 15-Year Fixed Conventional | 3.875% | 4.233% |
| 30-Year Fixed FHA | 4.250% | 5.244% |
| 30-Year Fixed Jumbo Mortgage | 5.250% | 5.461% |
| 5/1 ARM Conforming Mortgage | 3.000% | 3.480% |
| 5/1 ARM Jumbo Mortgage | 3.500% | 3.250% |
*All mortgage rates are shown for 30 day rate locks with 2 points unless otherwise noted.
You can view complete list of Total Mortgage’s wide variety of mortgage products and lowest mortgage rates here.
Loading ...
RSS feed for comments on this post.
Leave a comment