Rates are edging up

by | Apr 7, 2011 | Reports

Below is a graph sent by a lender I work with regularly. Rates for 30 year fixed have been in the 4’s for quite a long time and they’ve been warning that they will edge up. Well today I see that the 30 year fixed has hit 5% (still historically low).

as of 04/07/2011
Product
Interest Rate
APR
Conforming 1and FHA Loans
30-Year Fixed
5.000%
5.191%
30-Year Fixed FHA
4.875%
5.760%
15-Year Fixed
4.250%
4.573%
5-Year ARM
3.500%
3.347%
5-Year ARM FHA
3.750%
3.411%
Larger Loan Amounts in Eligible Areas – Conforming and FHA.1
30-Year Fixed
5.125%
5.264%
30-Year Fixed FHA
5.000%
5.835%
5-Year ARM
3.750%
3.388%
Jumbo1 Loans – Amounts that exceed conforming loan limits1
30-Year Fixed
5.375%
5.516%
5-Year ARM
4.000%
3.478%

 
 

You may also like…

0 Comments