For those first time home-buyers and others curious. Thought you might like to be updated on a sampling of current interest rates.
30 YR fixed up to $417K - 5% 0 points , 4.75% with one point
30 YR fixed from $417K to $708K - 5.25% 0 points, 5% with one point
5/1 ARM up to $708K - 4.25% 0 points, 3.875% with one point
As you can see these are near all-time lows. When has there been a time in history that has combined low interest rates and lower home values? Enjoy.
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