Mortgage Rates begin the week at new all-time lows. And this is after last week’s previous all-time lows. Rates are incredible …
• Conforming 30-year fixed rates for borrowers with a 680 credit score and an 85% LTV are in the mid-3.0% range. 15 year conforming rates are now below 3.00%
• 30 year FHA insured rates for borrowers with a 640 credit score and a 3.5 % down payment are in the low 3.00% range.
Even at these low rates, some lenders are willing to contribute a point or more to the borrowers closing costs.
Call Me today at 860.945.9284 to review your mortgage options.
Purchase or Refinance… I’m here to help.
Trying to decide whether to lock or float your rate; go to http://www.mortgagenewsdaily.com/consumer_rates/275768.aspx