Please note that rates have CONTINUED to soften over the last few weeks to ALL TIME LOWS and, as a result, lenders are tremendously behind. Turn around times for Opening, Underwriting, Condition Sign Off, Document Preparation and Funding Review are stretching out to unprecedented timeframes and financing “rushes” are generally unavailable. Many lenders are currently working 6 days a week. In order to effectively avoid an extended escrow period, it is STRONGLY recommended that you start your loan application at the beginning of the Pre-Approval process in addition to obtaining your pre-qualification.
~ REMINDER ~ the Government’s temporary loan increase to $729,750 is slated to expire on December 31st.
4.375% for the 30 year Fixed ~ Conforming {0 to $417,000}
4.625% for the 30 year Fixed ~ Agency Jumbo {$417,000 to $729,750}
5.250% for the 30 year Fixed ~ Super Jumbo {$729,750 plus}
3.500% for the 5 year Fixed ~ Conforming {0 to $417,000}
3.875% for the 5 year Fixed ~ Agency Jumbo {$417,000 to $729,750}
4.125% for the 5 year Fixed ~ Super Jumbo {$729,750 plus}
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