Mortgage Rates In Salt Lake City
January 19th, 2008 Categories: Mortgage
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Rates Week Ending January 18th 2007
Rates have this week, 30 Year Fixed under 6%.
Rates haven’t moved much last week and are still great.
What can I say, it is a great time to buy, inventory up and rates are great.
Conforming mortgage rates mentioned below are considered with loan amounts up to $417,000 for a single family residence and is owner occupied. It is with proving your income and a “full document borrower”.
The rates quoted are based on a purchase price of $200,000 on a 30-day lock. On these conforming loans, there are no prepayment penalties involved.
Conventional and Government Loan Interest Rates
|
Program |
Rate |
APR |
| 95% | 5.75 | 6.96 |
| 100% With Mort Insurance | 8.88 | 7.30 |
| 100% No Mort Insurance | 6.63 | 6.81 |
| My Community 100% | 6.38 | 7.31 |
| VA 100% | 5.75 | 5.92 |
| FHA 97% | 5.63 | 6.46 |
If you would like any additional scenarios done, please call for that information at 801-747-1233 and ask for Cindee or email to Cindee@CindeeStone.com
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