Friday, February 2, 2018

February 2018 Mortgage Minute

February 2018 continues to a good time to get off the fence as a home-buyer since rates in general are still historically low, which generally means under 7%.

When you bring your pre-approval from another lender to Kevin,  my Milford office in house Loan officer, he will  get you a $100 gift card just for giving us a chance to do business.

Remember, the Consumer Financial Protection Bureau website shows you  mortgage credit pulls within a 45 day period are treated as one inquiry to allow and encourage consumers to shop for the best available mortgage rates. This should be done after you go into contract.

This week Home Services Lending offered these rates with APR based on your qualifications.

Conv 30 Year Fixed (5% Down) =   4.50%
Conv 15 Year Fixed (5% Down) =   4.125%
FHA 30 Year Fixed (3.5% Down) = 4.50%
USDA 30 Year Fixed (0% Down) = 4.25%
CHFA Conv (1 point) = 3.875%
CHFA Conv (0 Points) = 4.25%