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Wednesday, July 15, 2009

Mortgage Rates Today 7/16/09 July 16, 2009

Housing Bottom? One of the things I watch for regarding a possible housing bottom are daily mortgage rates. Below is list of Today's Mortgage Rates out of Wells Fargo.

Loan Type - Interest Rate - APR - 7/16/09

30-Year Fixed 5.250% 5.444%
30-Year Fixed FHA 5.500% 6.245%
15-Year Fixed 4.750% 5.078%
5-Year ARM 4.375% 4.157%
5-Year ARM FHA 4.375% 3.722%
40-Year Fixed - N/A

Jumbo Loan Rates - APR - 7/16/09

30-Year Fixed 6.375% 6.525%
5-Year ARM 5.125% 4.387%

For Previous Mortgage Rates - Click Here

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