Today's Charleston mortgage rates, July 29, 2011
With just a few days before the debt ceiling "crisis" deadline, Charleston mortgage rates are basically unchanged from previous quotes.
But the stock market is down due to both the lack of progress on the debt ceiling and 2Q GDP growth reported to be sluggish.
10 Year US Treasuries are higher which means that interest rates are lower.
So where are Charleston mortgage rates headed.
(Your guess is as good as mine, I don't have a clue.)
So everything may change but for the moment, here are today's rates:
FHA & VA 30 year fixed @ 4.5%
FHA 5/1 ARM @ 3.5%
Conventional 30 year fixed @ 4.75%
Conventional 15 year fixed @ 4.125%
Conventional 5/1 ARM @ 3.5%
JUMBO 30 year @ 5.5%
Jumbo 15 year @ 4.75%
Jumbo 5/1 year @ 3.875%