Life in Newtown, CT: Mortgages Rates as of 4/18/09

Mortgages Rates as of 4/18/09

People ask us about mortgage rates all the time.  We thought that we would provide you with this information.  Keep in mind that rates have many variables to them and that they fluctuate constantly.

This information if courtesy of Dan Ianniello of Connecticut Home Mortgage.  Dan is a CMPS which means that he is a Certified Mortgage Planning Specialist. 

  With Points Without Points
30 year fixed 4.375 with 2 points 4.875 with 0 points
15 year fixed 4.125 with 2 points 4.625 with 0 points
7/1 Arm 4.125 with 2 points 5.25 with 0 points
5/1 Arm 3.75 with 2 points  4.75 with 0 points
FHA 30 year fixed 4.875 with 2 points  5.5 with 0 points
CHFA 5.0 with 1 point  
30 year fixed Jumbo 5.25 with 2 points  5.625 with 0 points 
15 year fixed Jumbo 4.625 with 2 points  5.0 with 0 points

These rates can change in a minute, and assume perfect credit and a substantial down payment other than the FHA rates.

If you have any questions, please feel free to email us.

Bob and Richelle Ward, Realtors, Newtown, CT

Bob and Richelle Ward - The Ward Team
Coldwell Banker Residential Brokerage
Bob's Cell: 203 470-9818  l  Richelle's Cell: 203 470-9819
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Comment balloon 1 commentThe Ward Team • April 18 2009 06:17AM


FHA 30 year fixed rate mortgage rate is way off.

Posted by Nima Rezvan CT Lender CT Senior Mortgage Broker, First Time Home Buyer Expert - CT FHA Loans - FHA (Nima Rezvan Prosper First Funding Corporation NMLS#110681) about 10 years ago