MORTGAGE RATE UPDATE

Interest Rate Update

Interest rates continue to remain at historic lows.  Last Friday's weaker than expected jobs report is further evidence that interest rates will remain low until the economy starts to recover.

30 Year Fixed up to $417,000 3.50% to 3.875% 30 Year Fixed “Agency” up to $625,500 3.75% to 4.0% 30 Year Fixed FHA up to $417,000 3.50% to 3.75% 30 Year Fixed FHA “Jumbo” up to $729,500 3.75% to 4.0%