Mortgage Rates Hit Record Low!

Last week mortgage rates were as low as 3.25%! That probably explains the surge in mortgage applications, which are up 4.1% since last week. Now is a great time to refinance, proved by applications being up 78.8% from 75.6% a week earlier. Here are today’s rates:

30-Year Fixed 4.125%

15-Year Fixed 3.375%

FHA 30 Year 4.000%

SONYMA Low Interest Rate Prog 30 Yr. 4.875%

VA 30-Yr. Fixed 4.000%

Jumbo Fixed Rate 30 Yr 5.250%

Jumbo Fixed Rate 15 Yr 3.625%

If you are thinking about purchasing a home, now is the time to get pre-approved and locked into an amazing rate. Call your mortgage professionals today to get started.

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