06 Feb February 2019 Mortgage Update!

Current Mortgage Rates 2-6-2019

Mortgage Type National Local APR%
15 yr fixed mtg             1 3.75% 3.875% 4.201%
30 yr fixed mtg             2 4.375% 4.375% 4.568%
30 yr fixed jumbo mtg   3          4.125% 4.5% 4.558%
7/1 ARM                       4 4.125% 4.375% 5.280%
7/1 jumbo ARM            5 3.5% 4.125%     4.986%
FHA 30 yr fixed mtg      6 4.375% 4.0% 5.208%

Rates obtained 2-6-19

All Conventional Purchases are based on a $400,000 purchase with 20% down payment, 760 credit. Jumbo options are based on a $760,000 purchase with 20% down and 760 credit.  FHA is $400,000 Purchase with 10% down, 760 credit. ALL DTI’s must be under 35/43. Disclosures are subject to DAILY change based on conditions and ability to qualify. This is neither a customer specific quote nor an offer or guarantee to lend.  Rates are only accurate as of 9:30am, 2-6-19. Call today for a personalized quote. 1 PITI $2,688; 2 PITI $1,926; 3 PITI $3,631; 4 PITI $1,926; 5 PITI $3,497; 6 PITIMI $2,289


Kevin Teel Mortgage | Keep Mortgage Local | NMLS 207117 | COMB100021250

3900 Oakwood Drive | Longmont, CO 80503 | 303-709-3328 FX 720-864-1511

Regulated by the Division of Real Estate

Austin Ellis
austin@fourstarrealty.com