06 Apr April 2018 Mortgage Update!

Current Mortgage Rates 4-5-2018

Mortgage Type National Local APR%
 15 yr fixed mtg             1 4.125% 3.875% 4.004%
 30 yr fixed mtg             2 4.625% 4.5% 4.557%
 30 yr fixed jumbo mtg   3 4.5% 4.625% 4.689%
 5/1 ARM                       4 4.125% 4.375% 5.136%
 5/1 jumbo ARM            5 4.125% 4.5%      5.161%
FHA 30 yr fixed mtg      6 4.625% 4% 5.280%
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.  Call today for a personalized quote! 1 PITI $2,647; 2 PITI $1,921; 3 PITI $3,676; 4 PITI $1,898; 5 PITI $3,630; 6 PITIMI $2,289.  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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