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Tuesday, May 3, 2011

Mortgage Rates 5/3/11 May 3, 2011

By Tim - http://stockstobuy.org

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 - 5/3/11

30-Year Fixed 4.750% 4.939%
30-Year Fixed FHA 4.625% 5.657%
15-Year Fixed 3.875% 4.195%
5-Year ARM 3.000% 3.170%
5-Year ARM FHA 3.375% 3.373%


Jumbo Loan Rates - APR - 5/3/11

30-Year Fixed 5.125% 5.264%
5-Year ARM 3.625% 3.343%


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