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 | Market Update |
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Saturday, 05 December 2009
| Mortgage Interest Rates for Fixed Rate Mortgages* |
| Rates as of Friday, 4th December, 2009: |
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Term |
Conforming |
APR |
Payment per
$1,000 |
Jumbo |
APR |
Payment per
$1,000 |
| 30 yr Fixed |
360 |
4.75% |
4.879% |
$5.22 |
5.50% |
5.590% |
$5.68 |
| 15 yr Fixed |
180 |
4.25% |
4.472% |
$7.52 |
% |
0.000% |
$0.00 |
| FHA |
360 |
5.00% |
5.131% |
$5.37 |
% |
0.000% |
$0.00 |
| VA |
360 |
5.00% |
5.131% |
$5.37 |
% |
0.000% |
$0.00 |
| 5-1 ARM |
360 |
3.25% |
3.368% |
$4.35 |
4.625% |
4.711% |
$5.14 |
| 5-1 ARM Interst-only |
360 |
3.50% |
3.620% |
$2.92 |
% |
0.000% |
$0.00 |
| USDA |
360 |
5.00% |
5.131% |
$5.37 |
% |
0.000% |
$0.00 |
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| *Rates are subject to change due to market fluctuations and borrower's eligibility. |
| **APR for the conforming rate is based off of a loan amount of $200,000. APR for the jumbo rate is based off of a loan amount of $500,000** **Rates are quoted based off a full documentation loan, purchase of a primary residence, middle credit score of 740, 1% Origination and no points** |
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If you would like to buy or sell Wilmington, foreclosures, short sells, investment properties, NC real estate, contact Sandy and Steve Thornton for all your home buying and selling needs. Specializing in Wilmington, Leland, Hampstead, Sneads Ferry, Jacksonville, Topsail Island including Surf City, Topsail Beach, North Topsail Beach, Beach and waterfront properties covering New Hanover County, Pender County, Brunswick County and Onslow County areas
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Sandy & Steve Thornton
Century 21 Sweyer & Associates
16406 Highway 17 N Ste 5
Hampstead, NC 28443
Cell: 910-352-3526
Cell: 910-554-2441
Fax: 910-239-1580
Email: unrealestate1@aol.com
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