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 & Richelle Ward, Realtors, ABR
Prudential Connecticut Realty
www.connecticuthomesforsale.com
Cell - (203) 470-9818
FHA 30 year fixed rate mortgage rate is way off.