Rates Have Improved!

Interest rates have slowly improved since February 10th…here are the details:

Loan amounts of $150,000 to $729,500

30 YR fixed - 4.75 to 4.875%
15 YR fixed – 4.125% to 4.375% depending on loan size
5/1 ARM - 3.375% to 3.625% depending on loan size

Jumbo loan amounts – over $729,500

30 YR fixed - 5.625%
5/1 ARM - 4.25%

Rates are down and so are home prices…what are you waiting for?

I’m looking forward to the Oscars…who are you rooting for? Hmmm-- The Social Network, The King’s Speech, or the Black Swan to name a few?