Current Rates As Of 07072016

Dated: 07/08/2016

Views: 435

Current Rates* as of 07/07/2016:

 

30yr fixed= 3.375% (APR= 3.482%): costs 1 point

15yr fixed= 2.625% (APR= 2.731%): costs 0.5 points

30yr FHA/VA= 3.25% (APR= 4.298%): costs 0 points

 

Investor: 30yr fixed= 4.125% (APR= 4.204%): costs 1 point                               

Renovation: 30yr fixed= 3.875% (APR= 4.201%): costs 1 point

 

30yr jumbo fixed= 3.625% (APR= 3.864%): costs 1 point

10/1 jumbo ARM= 3.125% (APR= 3.284%): costs 1 point

5/1 jumbo ARM= 2.5% (APR= 2.612%): costs 1 point

 

Note: Conforming, Investor & Renovation rates are 20% down on a purchase transaction and assumes >740 credit scores and full documentation on a single-family home. Jumbo rates are 20% down and assumes > 740 credit scores on a single-family home. Renovation loan assumes 90 day completion on a purchase and is a FNMA conforming product. FHA/VA rates assume minimum required down payment, > 740 credit scores and full documentation on a single-family home. 

See your mortgage broker for exact rates on your home purchase.


Texas Law Requires that all Real Estate License Holders provide the following information to consumers:


Information about Brokerage Services 

Texas Real Estate Commission Consumer Protection Notice


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