07 Mar March 2018 Mortgage Update

Current Mortgage Rates 3-7-2018

Mortgage Type National Local APR%
 15 yr fixed mtg             1 4.25% 4.0% 4.100%
 30 yr fixed mtg             2 4.625% 4.5% 4.509%
 30 yr fixed jumbo mtg   3 4.625% 4.625% 5.114%
 5/1 ARM                       4 4.125% 4.375% 4.921%
 5/1 jumbo ARM            5 4.125% 4.75%      5.148%
FHA 30 yr fixed mtg      6 4.625% 4% 5.282%

Rates obtained 3-7-2018

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, 12-7-2017. Call today for a personalized quote!  1 PITI $2,667; 2 PITI $1,921; 3 PITI $3,701; 4 PITI $1,898; 5 PITI $3,701; 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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