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Mortgage Rates January 15, 2016 – January 18, 2016

Mortgage Rates:  January 15-18, 2016

CONVENTIONAL MORTGAGE RATES

5/1 ARM 3.50% w/0 points APR 3.347%

7/1 ARM 3.500 w/o points APR 3.572%

10/1 ARM 3.875% w/o points APR 3.847%

10 Year Fixed Rate 2.875% w/0 points APR 3.132%

15 Year Fixed Rate 3.000% w/ 0 points APR 3.198%

20 Year Fixed Rate 3.625% w/0 points APR 3.783%

25 Year Fixed Rate 3.75% w/0 points APR 3.854%

30 Year Fixed Rate 3.75% w/0 points APR 3.869%

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30 Year Fixed Rate FHA Mortgage; 3.50% down payment for purchases; 6% seller assistance permitted towards buyers’ closing costs and prepaids!

3.375% w/0 points APR 4.290%

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30 Year Fixed Rate with USDA; NO DOWNPAYMENT REQUIRED!

If the home appraises for more than the purchase price, you can finance your closing costs up to 102% of appraised value!

Call us today to see if you qualify!

3.50% w/0 points APR 3.988%

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30 Year Fixed Rate VA Mortgage ; NO DOWNPAYMENT REQUIRED & NO MORTGAGE INSURANCE!

3.375% w/0 points APR 4.050%