07 Nov November 2017 Mortgage Update

Looking to purchase a home for sale in Boulder/Denver? Now is the time to buy before prices increase in the spring. Mortgage rates are still relatively low as you see by the rates below…

Current Mortgage Rates 11-6-2017

Mortgage Type National Local APR%
 15 yr fixed mtg             1 3.375% 3.25% 3.347%
 30 yr fixed mtg             2 4.0% 3.875% 3.958%
 30 yr fixed jumbo mtg   3 4.125% 4.25% 4.288%
 7/1 ARM                       4 3.875% 3.625% 4.217%
 7/1 jumbo ARM            5 3.5% 3.75%      4.581%
FHA 30 yr fixed mtg      6 5.0% 3.625% 4.961%

Rates obtained 11-6-2017

All Conventional Purchases are based on a $400,000 purchase with 20% down payment, 760 credit. Jumbo options are based on a $760,000 purchase with 20% down and 760 credit.  FHA is $400,000 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 only accurate as of 9:00am, 11-6-2017. Call today for a personalized quote!  1 PITI $2,549; 2 PITI $1,805; 3 PITI $3,541; 4 PITI $1,760; 5 PITI $3,366; 6 PITIMI $2,211

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

 

            

 

 

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