Mortgage Market Update: Interest Rates Continue To Stabilize!

Here's a mortgage market update with covering four interest rates scenario's. Interest rates continue to stabilize! ??

Conventional
Purchase price $750,000
20% Down Payment
Loan Amount $600,000
Rate 4.625% - APR 4.691% 30 year fixed
Payment $3085

Jumbo (Conventional) High Balance > 647,200
Purchase price $970,800
20% Down Payment
Loan Amount $776,640
Rate 4.875 APR 4.941% 30 year fixed
Payment $4110

FHA High Balance > 647,200
Purchase price $970,800
20% Down Payment
Loan Amount $776,640
Rate 4.125% APR 4.966% 30 year fixed
Payment $3830 Plus MI $642 Total $4472

FHA
Purchase Price $650,000
3.50% Down Payment
Loan Amount $638,226
Rate 3.99% APR 5.196% 30 year fixed
Payment $3043 Plus MI $544 Total $3588

Rates are based on a 30 day lock, 720 Fico Scores, 1.5% Origination Fee.

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