Here are the recent rates for all loans, etc. We’d like to share that though rates were at about 3.5% a little more than a year+ ago, they will KEEP increasing! We have had several buyers lately that are scared of this rate (and that was at 4.875%). Our best intel is that though recent buyers are use to 3-4% interest rates, 5 years ago 8% was normal. Our best advise, 5% is the best you’re going to get in the nearest future. The interest rate was at 3-3.5% for so long that the rate is bound to rise and keep going. Take it while you can! Here are the current rates!
Conventional 30 year fixed 4.999% 0 pts
Conventional 30 year fixed 3% Down 4.875% 0 pts
Conventional 20 year fixed 4.750% 0 pts
Conventional 15 year fixed 4.500% 0 pts
Conventional 5 year ARM 4.625% 0 pts
FHA/USDA/VA 30 year fixed 4.999% 0 pts