Mortgage Rate Update – 9/2/2011

Mortgage Rate Alert: The Market Appears to Be Steady With No Violent Swings  

Today’s Current Rates:

5/1 ARM Year to $417,000                3.125%            0+0

7/1 ARM Year to $417,000                3.375%            .25 + 0

30 Year Fixed to $417,000                 4.125%            0+0

15 Year Fixed to $417,000                 3.250%            0 + 0

FHA 30 Year to $417,000                  3.750%            0 + .250

VA 30 Year to $417,000                    3.750%            0 + 0

FHA 5/1 ARM to $417,000                3.750%            0 + 0

VA 5/1 ARM to $417,000                  3.75%              0 + 0

5/1 ARM Year to $729,750                3.25%              0 + 0

7/1 ARM Year to $729,750                3.75%              0 + 0

30 Year Fixed to $729,750                 4.250%            0 + .375

15 Year Fixed to $729,750                 3.375%            0 + 0

FHA 30 Year to $729,750                  3.875%            0 + 0

VA 30 Year to $819,000                    3.875%            0 + 0

FHA 5/1 ARM to $729,750                3.875%            0 + 0

VA 5/1 ARM to $819,000                  3.875%            0 + .5