Interest Rates for Your Frederick Home Purchase

Monday, April 4, 2011

Today’s mortgage interest rates from Wells Fargo Home Mortgage:

30-Year Fixed	4.875%	5.065%
30-Year Fixed FHA	4.750%	5.624%
15-Year Fixed	4.125%	4.447%
5-Year ARM	3.375%	3.303%
5-Year ARM FHA	3.750%	3.411%

FHA Changes: After April 18, 2011, the Mortgage Insurance Premium (MIP) goes up from .90% to 1.15%.
Unless FHA renews the temporary loan limit of $729,750 for Frederick County, the limit reverts back to $417,000 on Sept, 30, 2011.  We’ll keep you posted.

Helpful tools:

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The Highland Group – Real Estate Teams
Chris & Karen Highland *    301-831-9947
Real Estate Teams, LLC
email us: karen@allthingsfrederick.com
Text Us: 301-401-5119