10 Jul Mortgage Update July 2018!

Check out the July Mortgage Update here!

Current Mortgage Rates 7-3-2018

Mortgage Type National Local APR%
 15 yr fixed mtg                              1 4.25% 4.125% 4.465%
 30 yr fixed mtg                             2 4.75% 4.625% 4.831%
 30 yr fixed jumbo mtg                3 4.625% 4.875% 4.896%
 5/1 ARM                                        4 4.125% 4.5% 5.198%
 5/1 jumbo ARM                            5 4.25% 4.625%      5.237%
FHA 30 yr fixed mtg                    6 4.75% 4.125% 5.388%

Rates obtained 7-3-2018

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, 7-3-2018. Call today for a personalized quote!  1 PITI $2,687; 2 PITI $1,946; 3 PITI $3,767; 4 PITI $1,921; 5 PITI $3,676; 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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