Current Mortgage Rates

[eagleeye]

I just locked for 180 days with NFCU at 5.625% on what would be considered a super jumbo 30-year fixed rate with over 25% down. I paid 1/2 point which included a 1/4 pt discount fee and a 1/4 pt fee for a one-time float down opportunity if rates decline. The 180-day lock raised the interest rate from their current 5.375% to 5.625%.

[Raybyrnes]

Freddie Mac: Fixed mortgage rates hit another low

By Michelle Donley
Last update: 10:12 a.m. EDT April 2, 2009Comments: 16
NEW YORK (MarketWatch) — The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 4.78% in the week ending Thursday, setting a new record low dating back to 1971 for the second consecutive week, according to Freddie Mac’s weekly survey. That rate is down from last week’s 4.85% and the year-ago 5.88%. The 15-year fixed-rate loan averaged 4.52%, another record low dating back to 1991, down from the week-ago 4.58% and the year-ago 5.42%. The five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 4.92%, compared with 4.96% a week ago and 5.59% a year ago. One-year Treasury-indexed ARMs averaged 4.75% this week, down from last week’s 4.85% and the year-ago 5.19%. “Mortgage rates followed other interest rates lower this week amid reports of slower economic growth,” said Frank Nothaft, Freddie Mac vice president and chief economist

[Raybyrnes]

Freddie Mac: Fixed mortgage rates hit another low

By Michelle Donley
Last update: 10:12 a.m. EDT April 2, 2009Comments: 16
NEW YORK (MarketWatch) — The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 4.78% in the week ending Thursday, setting a new record low dating back to 1971 for the second consecutive week, according to Freddie Mac’s weekly survey. That rate is down from last week’s 4.85% and the year-ago 5.88%. The 15-year fixed-rate loan averaged 4.52%, another record low dating back to 1991, down from the week-ago 4.58% and the year-ago 5.42%. The five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 4.92%, compared with 4.96% a week ago and 5.59% a year ago. One-year Treasury-indexed ARMs averaged 4.75% this week, down from last week’s 4.85% and the year-ago 5.19%. “Mortgage rates followed other interest rates lower this week amid reports of slower economic growth,” said Frank Nothaft, Freddie Mac vice president and chief economist

[Raybyrnes]

Freddie Mac: Fixed mortgage rates hit another low

By Michelle Donley
Last update: 10:12 a.m. EDT April 2, 2009Comments: 16
NEW YORK (MarketWatch) — The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 4.78% in the week ending Thursday, setting a new record low dating back to 1971 for the second consecutive week, according to Freddie Mac’s weekly survey. That rate is down from last week’s 4.85% and the year-ago 5.88%. The 15-year fixed-rate loan averaged 4.52%, another record low dating back to 1991, down from the week-ago 4.58% and the year-ago 5.42%. The five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 4.92%, compared with 4.96% a week ago and 5.59% a year ago. One-year Treasury-indexed ARMs averaged 4.75% this week, down from last week’s 4.85% and the year-ago 5.19%. “Mortgage rates followed other interest rates lower this week amid reports of slower economic growth,” said Frank Nothaft, Freddie Mac vice president and chief economist

[Raybyrnes]

Freddie Mac: Fixed mortgage rates hit another low

By Michelle Donley
Last update: 10:12 a.m. EDT April 2, 2009Comments: 16
NEW YORK (MarketWatch) — The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 4.78% in the week ending Thursday, setting a new record low dating back to 1971 for the second consecutive week, according to Freddie Mac’s weekly survey. That rate is down from last week’s 4.85% and the year-ago 5.88%. The 15-year fixed-rate loan averaged 4.52%, another record low dating back to 1991, down from the week-ago 4.58% and the year-ago 5.42%. The five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 4.92%, compared with 4.96% a week ago and 5.59% a year ago. One-year Treasury-indexed ARMs averaged 4.75% this week, down from last week’s 4.85% and the year-ago 5.19%. “Mortgage rates followed other interest rates lower this week amid reports of slower economic growth,” said Frank Nothaft, Freddie Mac vice president and chief economist

[Raybyrnes]

Freddie Mac: Fixed mortgage rates hit another low

By Michelle Donley
Last update: 10:12 a.m. EDT April 2, 2009Comments: 16
NEW YORK (MarketWatch) — The national average interest rate on the benchmark 30-year, fixed-rate loan averaged 4.78% in the week ending Thursday, setting a new record low dating back to 1971 for the second consecutive week, according to Freddie Mac’s weekly survey. That rate is down from last week’s 4.85% and the year-ago 5.88%. The 15-year fixed-rate loan averaged 4.52%, another record low dating back to 1991, down from the week-ago 4.58% and the year-ago 5.42%. The five-year Treasury-indexed hybrid adjustable-rate mortgage averaged 4.92%, compared with 4.96% a week ago and 5.59% a year ago. One-year Treasury-indexed ARMs averaged 4.75% this week, down from last week’s 4.85% and the year-ago 5.19%. “Mortgage rates followed other interest rates lower this week amid reports of slower economic growth,” said Frank Nothaft, Freddie Mac vice president and chief economist

[HLS]

AHHH Ray,, You must have updated your subscription! Happy Thursday..

Yes, rates are low for those who qualify.
My current borrowers are locking in at 4.25%-4.50% for loans that they actually qualify for, up to $546K.

A very high % of people do not qualify for the average rates that are quoted above. They have NO option to refi at ANY rate.

It still depends on credit score, proof of income, loan to value ratio, and whether cash is being taken out. Condos are harder to finance.

There is no ONE RATE that applies to everyone.
For those that do qualify, 4.25%-4.50% is available on rental property too.

It’s a historical gift. Many people don’t seem to understand the long term guaranteed benefit of getting these low rates…. HLS

[HLS]

AHHH Ray,, You must have updated your subscription! Happy Thursday..

Yes, rates are low for those who qualify.
My current borrowers are locking in at 4.25%-4.50% for loans that they actually qualify for, up to $546K.

A very high % of people do not qualify for the average rates that are quoted above. They have NO option to refi at ANY rate.

It still depends on credit score, proof of income, loan to value ratio, and whether cash is being taken out. Condos are harder to finance.

There is no ONE RATE that applies to everyone.
For those that do qualify, 4.25%-4.50% is available on rental property too.

It’s a historical gift. Many people don’t seem to understand the long term guaranteed benefit of getting these low rates…. HLS

[HLS]

AHHH Ray,, You must have updated your subscription! Happy Thursday..

Yes, rates are low for those who qualify.
My current borrowers are locking in at 4.25%-4.50% for loans that they actually qualify for, up to $546K.

A very high % of people do not qualify for the average rates that are quoted above. They have NO option to refi at ANY rate.

It still depends on credit score, proof of income, loan to value ratio, and whether cash is being taken out. Condos are harder to finance.

There is no ONE RATE that applies to everyone.
For those that do qualify, 4.25%-4.50% is available on rental property too.

It’s a historical gift. Many people don’t seem to understand the long term guaranteed benefit of getting these low rates…. HLS

[HLS]

AHHH Ray,, You must have updated your subscription! Happy Thursday..

Yes, rates are low for those who qualify.
My current borrowers are locking in at 4.25%-4.50% for loans that they actually qualify for, up to $546K.

A very high % of people do not qualify for the average rates that are quoted above. They have NO option to refi at ANY rate.

It still depends on credit score, proof of income, loan to value ratio, and whether cash is being taken out. Condos are harder to finance.

There is no ONE RATE that applies to everyone.
For those that do qualify, 4.25%-4.50% is available on rental property too.

It’s a historical gift. Many people don’t seem to understand the long term guaranteed benefit of getting these low rates…. HLS

[HLS]

AHHH Ray,, You must have updated your subscription! Happy Thursday..

Yes, rates are low for those who qualify.
My current borrowers are locking in at 4.25%-4.50% for loans that they actually qualify for, up to $546K.

A very high % of people do not qualify for the average rates that are quoted above. They have NO option to refi at ANY rate.

It still depends on credit score, proof of income, loan to value ratio, and whether cash is being taken out. Condos are harder to finance.

There is no ONE RATE that applies to everyone.
For those that do qualify, 4.25%-4.50% is available on rental property too.

It’s a historical gift. Many people don’t seem to understand the long term guaranteed benefit of getting these low rates…. HLS

[waterboy]

HLS- What is the best 30yr jumbo you have seen in the last 24hrs with 20% down and paying 1pt for either refi or purchase on owner occ SFR. Thanks

[waterboy]

HLS- What is the best 30yr jumbo you have seen in the last 24hrs with 20% down and paying 1pt for either refi or purchase on owner occ SFR. Thanks

[waterboy]

HLS- What is the best 30yr jumbo you have seen in the last 24hrs with 20% down and paying 1pt for either refi or purchase on owner occ SFR. Thanks

[waterboy]

HLS- What is the best 30yr jumbo you have seen in the last 24hrs with 20% down and paying 1pt for either refi or purchase on owner occ SFR. Thanks

[Author]

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