August 2017 Mortgage Update

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

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