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Health & Fitness

Mortgage Rate Week of July 24, 2011

Rates came down slightly this week. They are still hovering near all time lows. Average 30 year fixed rate is 4.5%.

Rates came down slightly this week. They are still hovering near all time lows.  Average 30 year fixed rate is 4.5%.

  • Conventional 30 year fixed - 4.5% - 0 Points - Max. Loan Amount $560,000
  • 5/1 Conventional ARM - 2.875% - 0 Points - Max. Loan Amount $560,000
  • 7/1 Conventional ARM - 3.375% - 0 Points - Max. Loan Amount $560,000
  • Conventional 15 year fixed - 3.75% - 0 Points - Max. Loan Amount $560,000
  • Conventional Jumbo fixed - 5.125% - 0 Points - Loan amount over $560,000
  • Jumbo 7/1 ARM - 4% - 0 Points - Loan amount over $560,000
  • Jumbo 10/1 ARM - 4.625% - 0 Points - Loan amount over $560,000

Rates are subject to change. This is a sampling of today's rates.  To get exact quotes contact your banker.  If you have any questions, contact me at johncollins@mris.com

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