4.75% 30yr FHA
4.25% 15yr FHA
4.75% 30yr Conventional
4.25% 15yr Conventional
3.5% 5/1 ARM
5.375% 30yr JUMBO
4.75% 15yr JUMBO
In 2008 they were around 6.5%! That can equal HUGE $DOLLARS$ over the life of a Mortgage Loan! On a $150k loan 2% is around $70,000. Wow! Check out my previous post Interest Rate Stimulus Package to see the mathematical breakdown.
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