Thinking about buying a home? Here are recent mortgage rates on several different loan products, provided by Kim Peschock, our Century 21 Mortgage Advisor*:
· 30 year Fixed Rates: around 4.875%
· 15 year Fixed Rates: around 4.625%
VA/FHA Fixed Rates: around 5.45%
Jumbo (Loan Amounts of $417,000 and up)
· 30 year Fixed Rates: around 6.125%
15 year Fixed Rates: around 5.750%
These are some pretty impressive rates available now on new and pre-owned homes. Century 21’s Approval Process can get you pre-approved for a loan in twenty to thirty minutes over the telephone. This is your best first step if you are in the market for a home. Before you call a Realtor, talk to a lender about pre-approval.
*Rates are always subject to change.