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Tuesday, May 1, 2012

Mortgage Rates 5/1/12 May 1, 2012

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 - 5/1/12

30-Year Fixed 3.875% 4.051%
30-Year Fixed FHA 3.750% 4.827%
15-Year Fixed 3.000% 3.308%
5-Year ARM 2.250% 3.072%
5-Year ARM FHA 2.750% 3.108%


Jumbo Loan Rates - APR - 5/1/12

30-Year Fixed 4.250% 4.382%
5-Year ARM 2.500% 3.114%


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