Year End Mortgage Rates

What a way to end the year, or better yet begin a new year for the housing industry.

Here's a sample of Primary Home Purchase money rates today, up to 0+1, with escrows for a borrower with median credit of 720-760. These are subject to vary based on loan amount, occupancy, LTV, credit quality and other factors.

Conforming (using 250K as amt)

30 yr fixed 5.00%

15 yr fixed 4.625%

5/1 ARM, 30 yr am 5.00%

Jumbo (using 650K as amt)

30 yr fixed 7.00%

15 yr fixed 5.25%

5/1 ARM, 30yr am 4.875%

Super Jumbo (using 1M amt)

30 yr fixed 7.25%

15 yr fixed 5.25%

5/1 ARM, 30 yr am 4.875%

Compliments of Ashleigh Sumlin, Braddford Mortgage Company, 704-373-2289