Big news in the FHA financing world, as within the next 30 days or so FHA is going to reduce their PMI or private mortgage insurance from 1.35% to 0.85% which means homes will be more affordable for buyers. Interest rates have dropped even further and mortgage applications are on the rise Rates look very good at these low levels and it’s time to jump into refinancing your existing mortgage or purchasing a new home with Realtor Judy Szablak’s expertise. The 10 year is at 2.03. If you were to take a look a closer look at the interest rates then you would see that there has been an upward trend going back to May of 2013. Anyone looking to close within the next short term period then you might be better off locking into a rate now.
Today's Mortgage Rates
Conventional 30 year fixed – 3.99% - APR 4.056%
Conventional 15 year fixed - 3.375% - APR 3.469%
Conventional 5/1 ARM - 3.125% - APR 3.042%
Conventional 7/1 ARM - 3.375% - APR 3.54%
The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 780 and a 20% down payment. If you would like a customized rate quote for your own specific loan scenario then please feel free to email me at nima@primeres.com or call me directly at 203.913.6016.
This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.
As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.
With more than 10 years of mortgage lending experience, Nima specializes in Conventional Mortgages, Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)
"You can call any agent to put your home on the market-
or.... Call Judy to sell it""
Buying or Selling a Home in Fairfield County? Contact us!
If you have a question about buying or selling Real Estate in Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy
Search for properties on any of our sites, or get the very best visibility available for your home. Visit us online wherever you like: Find out more about Judy here
www.CThomesAndRealEstate.com www.TheCTrealtyBlog.com www.TheCTRB.com and www.CTfeaturedHomes.com
Email us or call Toll Free (855) GET-JUDY