Market Trends Real Estate

Latest Mortgage Interest Rates

J.J. Ballesteros with Bankers Funding just emailed me the latest mortgage interest rates:

  • Rates on a 30yr Fixed under $417,000 are at  4.625%
    • Rates on a 30yr Fixed between $417,000 & $625,500  are at   4.875%
    • Rates on a 5yr ARM under $2,500,000 are at 5.75%

    These are pretty attractive interest rates!! If you want to get prequalified for a loan or if you want to refinance or just have questions, contact J.J. at 949.690.3240. Let him know you saw his info on my blog. With interest rates this low, the home that was priced just out of reach may now be within your budget. So talk to J.J. to see how much home you can afford, and then we will begin your home search! Call me at 949.525.5905.

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