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October 2017 Mortgage Update.

02 Oct October 2017 Mortgage Update.

Current Mortgage Rates 10-2-2017

Mortgage Type National Local APR%
 15 yr fixed mtg             1 3.375% 3.25% 3.279%
 30 yr fixed jumbo mtg  2 4.125% 4.125% 4.163%
 30 yr fixed mtg                 3 4.0% 3.875% 3.963%
 7/1 ARM                      4 3.75% 3.625% 4.237%
 7/1 jumbo ARM           5 3.5% 3.75%      4.243%
FHA 30 yr fixed mtg     6 4.625% 3.50% 4.776%

Rates obtained 10-2-2017

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 35/45.  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 9:00am, 10-2-2017. Call today for a personalized quote!  1 PITI $1,951; 2 PITI $3,497; 3 PITI $1,404; 4 PITI $1,360; 5 PITI $3,366; 6 PITIMI $1,689

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

 

 

 

Reg taxes 150

Reg Ins 125

 

Jumbo taxes 400

Jumbo ins 150

Austin Ellis
austin@fourstarrealty.com