Mortgage loan rates in the U.S. headed even lower this week of November 10, 2011.
Freerateupdate.com’s survey of wholesale and direct lenders showed the following on conforming loans up to $417k:
- 30 year fixed mortgage rates – 3.750%
- 15 year fixed mortgage rates – 3.125%
- 5/1 adjustable mortgage rates – 2.500%
These are the lowest fixed mortgage rates available for well qualified borrowers (with .07% to 1% origination fee).
FHA fixed mortgage rates moved lower also:
- 30 year fixed mortgage rates – 3.500%
- 15 year fixed mortgage rates – 3.000%
- 5/1 adjustable mortgage rates – 3.000%
FHA fixed mortgages are especially good for first time home buyers, and its programs have different home ownership limits, easier credit qualifying, and lower down payment requirements.
If you are in Orange County, CA, and want mortgage loan rate information and quote, I recommend you contact professional mortgage broker – Tim Sibley, First Capital Mortgage, Corona del Mar, CA – 949-718-1511.
Source of some information here is freerateupdate.com – HARRISON K. LONG – REALTOR® and broker associate, GRI – Coldwell Banker Residential Brokerage – 949-854-7747 (phone) – ExploreProperties@gmail.com (email) – CA DRE 01410855 – SFR short sale and foreclosure resource certified by the National Association of REALTORs® – now serving as an appointed director at California Association of REALTORs® – also an attorney member of the California State Bar Association #69137
Please contact us about listing and sale of Orange County CA homes and real estate. ~ Professional REALTOR® agent representation and help for property owners, private trust estate representatives, estate administrators and executors, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA