02 May May 2018 Monthly Mortgage Update.

Current Mortgage Rates 5-2-2018

Mortgage Type National Local APR%
15 yr fixed mtg             1 4.25% 4.125% 4.178%
30 yr fixed mtg             2 4.75% 4.625% 4.682%
30 yr fixed jumbo mtg   3          4.5% 4.75% 4.808%
5/1 ARM                       4 4.125% 4.375% 5.225%
5/1 jumbo ARM            5 4.25% 4.5%     5.233%
FHA 30 yr fixed mtg      6 4.625% 4.125% 5.396%
Rates obtained 5-2-2018. 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, 5-2-2018. Call today for a personalized quote! 1 PITI $2,687; 2 PITI $1,946; 3 PITI $3,722; 4 PITI $1,898; 5 PITI $3,630; 6 PITIMI $2,315 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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