Seattle Mortgage Rates December 28, 2009

by TheMortgageReel Team on December 28, 2009

Conforming Mortgage Rates
Scenario Based on Purchase Price of $400,000 with 20% down
1% Loan Fee (1% of the loan amount)
Loan amounts up to $417,000
	rate	apr
30 Yr Fixed	5.125%	5.259%

15 Yr Fixed	4.500%	4.725%

7/1 ARM 5/2/5 CAPS	4.500%	4.037%

5/1 ARM 5/2/5 CAPS	4.000%	3.720%

3/1 ARM 5/2/5 CAPS	3.500%	3.523%

Super Conforming Scenario
1% Loan Fee (1% of the loan amount)
Loan amounts between $417,001 – $567,500 with the same guidelines

Scenario Based on Purchase Price of $600,000 with 20% down
	rate	apr
30 Yr Fixed	5.375%	5.500%

15 Yr Fixed	4.750%	4.958%

Jumbo (Non-Conforming)
1% Loan Fee (1% of the loan amount)
Loan amounts between $567,501 – $999,999 with the same guidelines

Scenario Based on Purchase Price of $1,000,000 with 25% down
	rate	apr
30 Yr Fixed	7.000%	7.124%

7/1 ARM 5/2/5 CAPS	5.875%	4.743%

5/1 ARM 5/2/5 CAPS	5.125%	4.118%

Government – FHA

Scenario Based on Purchase Price of $400,000 with 20% down
1% Loan Fee (1% of the loan amount)
Loan amounts up to $417,000
	rate	apr
30 Yr Fixed	5.250%	5.910%

15 Yr Fixed	4.500%	5.244%

FHA – High Balance
1% Loan Fee (1% of the loan amount)
Loan amounts between $417,001 – $567,500 with the same guidelines

Scenario Based on Purchase Price of $600,000 with 20% down
	rate	apr
30 Yr Fixed	5.250%	5.905%



Prime Rate	3.25%

For specific scenarios, please contact us!

{ 1 trackback }

December rates are posted and … | Seattle Home Mortgage: December 28, 2009 at 8:35 pm

{ 1 comment… read it below or add one }

Jeff Green January 9, 2010 at 2:46 am: This update on mortgage rates is a great resource.

Reply