Mortgage rates held steady since my last update. FHA pricing has improved significantly due to a new investor. Here are latest mortgage rates:
Conventional
30 year fixed = 4.125%
20 year fixed = 4.00%
15 year fixed = 3.75%
FHA/VA - (Pricing improved with new investor)
30 year fixed = 3.95%
Jumbo (loan amounts over $453,100)
30 year fixed = 4.375%
15 year fixed = 4.00%
5 year ARM = 3.75%
** Above rates considering 740+credit score, 25% down payment, owner occupied, 30 day rate lock, $250,001 minimum loan amount, purchase & escrows. Rates can change at any time without notice..
Please Scott know if you have any mortgage related questions. I have used his services for many years.
Scott Jacobsen
Vice President of Residential Lending
Cell # (630) 673-3103
E-fax # (312) 592-2232
NMLS # 664645
Key Mortgage Services
475 N. Martingale Rd. Suite #100
Schaumburg, IL 60173
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