Mortgage rates continued to fall this week...
Conventional
30 year fixed 4.375% (APR 4.445%)
15 year fixed 4.000% (APR 4.127%)
5/1 ARM 3.625% (APR 3.554%)
7/1 ARM 3.875% (APR 3.644%)
FHA
30 year fixed 4.5% (APR 4.995%)
15 year fixed 4.0% (APR 4.449%)
With interest rates being lower than they ever have been in 50 years, now may be a great time to refinance. Give me a call at 435-755-2177 to see if it makes sense for you to refinance.
About the Author
John Neil is a loan officer that is passionate about his profession. His goal with every transaction is to make a customer for life. The result is that 95% of his business comes from referrals of satisfied clients. If you need a cache valley mortgage, you can contact John at 435-770-2709. You can also follow him on twitter @LoganUTMortgage or facebook @facebook/MortgageNerd