Without knowing what you qualify for, it is impossible for anybody to quote you a rate that is accurate.
IF you qualify, AT THE MOMENT, 30 YR fixed rates on a single family house are around 4.875% with no points, on loans below $417,000. (Condos are higher)
If you aren’t putting at least 20% down, you will have mortgage insurance added.
Rates can (and do) change at any time. Contact me privately if you would like to know what you qualify for. My office is in Carlsbad and I do loans anywhere in CA for 1 to 4 unit properties.
5YR and 7YR ARMS start at 3.50% these days.
There is no such thing as one rate that fits everybody. It’s never been more difficult to qualify for a loan and as many people are finding out, banks have higher rates today. Until you are locked in, approved and underwritten, quotes mean nothing. HLS
