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Charleston mortgage report, today's mortgage rates, April 23, 2010

Sometimes boring is good as is the case with little to no change in mortgage rates today compared to last week's Charleston mortgage report. So the "doom and gloom" crowd might have gotten it wrong when they forecast that mortgage rates would soar when Fed intervention keeping rates low by buying mortgage backed securities ended at on March 31.

I added the mortgage rate for the 15 year JUMBO this week since activity in the luxury Charleston real estate market has been stronger this year at higher price points and the 15 year rate offers you both an attractive rate and an additional choice. 

Today's Mortgage RatesRatechange
30 yr conventional5.125%none
15 yr conventional4.625%none
FHA/VA5.125%none
5/1 ARM conventional4.000%down 1/8
30 yr JUMBO6.000%none
5/1 ARM Jumbo4.875%none
15 yr JUMBO5.375%none

Today's mortgage rates courtesy of:

Keri PriesKeri Pries

843.810.2780

email

LoansWithKeri 

 

This is just a small sample available of rates and products. This is not a guarantee nor is it a commitment of interest rate. Rates and available programs may change at anytime.

Published Friday, April 23, 2010 7:09 AM by Howard Arnoff

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