23 Aug August 2017 Mortgage Update
Current Mortgage Rates 8-7-2017
Mortgage Type | National | Local | APR% |
15 yr fixed mtg 1 | 3.375% | 3.125% | 3.208% |
30 yr fixed jumbo mtg 2 | 4.0% | 4.25% | 4.463% |
30 yr fixed mtg 3 | 4.125% | 4.0% | 4.085% |
7/1 ARM 4 | 3.75% | 3.625% | 4.237% |
7/1 jumbo ARM 5 | 3.5% | 3.75% | 4.220% |
FHA 30 yr fixed mtg 6 | 4.625% | 3.75% | 5.076% |
Rates obtained 8-7-2017
Conventional examples based on a $300,000 purchase with 20% down payment, 760 credit. Jumbo options are based on a $760,000 purchase with 20% down and 760 credit. FHA is $300,000 Purchase with 10% down, 760 credit. ALL DTI’s must be under 31/43. Disclosures are subject to DAILY change based on conditions and ability to qualify. This is neither a customer specific quote nor an offer or guarantee to lend. Rates are accurate as of 12:00pm 2-6-2017. Call today for a personalized quote. 1 PITI $1,912; 2 PITI $3,541; 3 PITI $1,371; 4 PITI $1,336; 5 PITI $3,365; 6 PITIMI $1,678 | Kevin Teel Mortgage | Your Mortgage Broker for Life | NMLS 207117 | COMB100021250 | 3900 Oakwood Drive | Longmont, CO 80503 | 303-709-3328 FX 720-864-1511 | Regulated by the Division of Real Estate