Here are the rates from penfed.org credit union which is a good benchmark of whats out there. I’m sure some could do better on 30yr fixed but hard to beat those jumbo ARMs
Mortgage Rates
30-Year Fixed Rate Mortgage Loans
Jumbo rate good up to $2,000,000.
All Fixed Rate Mortgages carry a 1% Origination Fee.
Rate Points APR
30-Year Fixed Conforming Loan
These are good rates, when you add in the First Time Buyers 10k tax credit its a good deal. Now its still a matter of finding the bottom of the housing market. A better price is better than a great rate.
These are good rates, when you add in the First Time Buyers 10k tax credit its a good deal. Now its still a matter of finding the bottom of the housing market. A better price is better than a great rate.
These are good rates, when you add in the First Time Buyers 10k tax credit its a good deal. Now its still a matter of finding the bottom of the housing market. A better price is better than a great rate.
These are good rates, when you add in the First Time Buyers 10k tax credit its a good deal. Now its still a matter of finding the bottom of the housing market. A better price is better than a great rate.
These are good rates, when you add in the First Time Buyers 10k tax credit its a good deal. Now its still a matter of finding the bottom of the housing market. A better price is better than a great rate.
These are good rates, when you add in the First Time Buyers 10k tax credit its a good deal. Now its still a matter of finding the bottom of the housing market. A better price is better than a great rate.
That depends how much you’re expecting the prices to fall.
I did a rough calculation and came up with these equivalences in terms of total cash outflow (assuming 30yr fixed):
300k @ 6% = 355k @ 4.5%
536k @ 6% = 635k @ 4.5%
Those are fairly sizable discounts.
Hopefully what we will see is both a rate decrease AND these ultra low rates. Of course that might mean the world is about to end, though.
These are good rates, when you add in the First Time Buyers 10k tax credit its a good deal. Now its still a matter of finding the bottom of the housing market. A better price is better than a great rate.
That depends how much you’re expecting the prices to fall.
I did a rough calculation and came up with these equivalences in terms of total cash outflow (assuming 30yr fixed):
300k @ 6% = 355k @ 4.5%
536k @ 6% = 635k @ 4.5%
Those are fairly sizable discounts.
Hopefully what we will see is both a rate decrease AND these ultra low rates. Of course that might mean the world is about to end, though.
These are good rates, when you add in the First Time Buyers 10k tax credit its a good deal. Now its still a matter of finding the bottom of the housing market. A better price is better than a great rate.
That depends how much you’re expecting the prices to fall.
I did a rough calculation and came up with these equivalences in terms of total cash outflow (assuming 30yr fixed):
300k @ 6% = 355k @ 4.5%
536k @ 6% = 635k @ 4.5%
Those are fairly sizable discounts.
Hopefully what we will see is both a rate decrease AND these ultra low rates. Of course that might mean the world is about to end, though.
These are good rates, when you add in the First Time Buyers 10k tax credit its a good deal. Now its still a matter of finding the bottom of the housing market. A better price is better than a great rate.
That depends how much you’re expecting the prices to fall.
I did a rough calculation and came up with these equivalences in terms of total cash outflow (assuming 30yr fixed):
300k @ 6% = 355k @ 4.5%
536k @ 6% = 635k @ 4.5%
Those are fairly sizable discounts.
Hopefully what we will see is both a rate decrease AND these ultra low rates. Of course that might mean the world is about to end, though.
