Friday, July 21, 2017

Latest Mortgage Rates as of 7/21/2017

We just received the most recent mortgage rates, courtesy of Scott Jacobsen, Vice President of Residential Lending at Key Mortgage Services.
"Keeping you informed and updated: the mortgage rate market continues to improve for buyers. Pricing has improved slightly on the 30-year fixed rate products since my last update."

Here are the latest mortgage rates:
  • 30-year fixed = 3.875%
  • 20-year fixed = 3.625%
  • 15-year fixed = 3.25%
  • 10-Year ARM = 3.75%
  • 7-Year ARM = 3.50%
  • 5-Year ARM = 3.25%
  • FHA / VA = 30-year fixed rate = 4.00%
  • Jumbo (loan amounts over $424,100)
    • 30-year fixed rate = 4.00%
    • 15-year fixed rate = 3.50%
    • 5-year ARM = 3.25%
    • 7-year ARM = 3.50%
    • 10-year ARM = 3.75%

Below is Scott's contact information. I have used Scott's services many times.

Scott Jacobsen
Vice President of Residential Lending
Cell #: (630) 673-3103
E-fax #: (312) 592-2232
Email: Scott.Jacobsen@KeyMortgageServices.com
Website: www.KeyMortgageServices.com/ScottJacobsen
NMLS # 664645
Key Mortgage Services
475 N. Martingale Rd. Suite #100
Schaumburg, IL 60173

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