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Mortgage Rates Update

By in Real Estate Talk with 0 Comments

Thinking about buying a home? Here are recent mortgage rates on several different loan products, provided by Kim Peschock, our Century 21 Mortgage Advisor*:

Conventional Products:

·        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.

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