Hot news from AZ Home Help:
Posted To: Mortgage Rate Watch
It's been about a month since the last Employment Situation Report was released. What we had to say about it then is pretty much the same thing we have to say about it now. The only real difference is mortgage rates were closer the middle of a tight range heading into the last Jobs report whereas this time, they're at their worst levels since mid-December. Most of that pain has played out over the past two days... On conventional 30 year fixed loans Best Execution has risen to 5.00%. FHA/VA 30 year fixed home loans are now best priced at 4.875%. If you're shopping for a 15 year fixed mortgage rate, the sweet spot is 4.25%. On 5-year ARMs, very well qualified borrowers are still being quoted rates as low as 3.50%. Plain and Simple : this is the first time since mid-December that the Best Execution...(
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Source:
www.mortgagenewsdaily.com - For more real estate news visit our website at http://www.AzHomeHelp.com
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