30 Year Fixed Mortgage Rates which we reported as low as 5% this morning improved by an 1/8 of a point this afternoon as the benchmark 10 year treasury yield sunk to it's lowest level in over a month.
The benchmark 10 year treasury yield dropped to 3.46 this afternoon. As a result many wholesale mortgage lenders adjusted their mortgage rates to reflect the improvement.
30 year fixed mortgages can be obtained as low as 4.875% with zero buy down points. Buy down points are points in addition to the normal fees associated with a loan.
15 year fixed mortgage rates are as low as 4.5%.
A 5/1 ARM can be obtained at 3.75%.
The benchmark 10 year treasury yield dropped to 3.46 this afternoon. As a result many wholesale mortgage lenders adjusted their mortgage rates to reflect the improvement.
30 year fixed mortgages can be obtained as low as 4.875% with zero buy down points. Buy down points are points in addition to the normal fees associated with a loan.
15 year fixed mortgage rates are as low as 4.5%.
A 5/1 ARM can be obtained at 3.75%.
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