My Real Estate Blog

June 30th, 2010 8:00 AM

Never before have mortgage rates been this low. 30-yr fixed mortgage rates are at 4.25% for well-qualified consumers paying a standard .07 to 1 point origination fee. 15-yr fixed mortgage rates, also at a record low, are at 3.75%.

A $250,000 30-year fixed mortgage at an interest rate of 4.25% has a monthly principal and interest payment of just $1,229.85 per month.

FHA mortgage rates today are nearly identical to those of conforming mortgages. Today's FHA 30-yr fixed rate is also 4.25%.

Today's jumbo 30-yr fixed rate remains at 5.25%. 

Posted by Jim McCowan on June 30th, 2010 8:00 AMPost a Comment (0)
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