Maine Mortgage Rate Update for October 7,2010
Today’s pricing* for Conventional and Government, FHA, Purchase loans:
Conventional with NO POINTS
Rate APR Term Lock Period
4.125% 4.258% 30 year 45 days
3.875% 4.055% 20 year 45 days
3.75% 3.979% 15 year 45 days
Government FHA with NO POINTS
Rate APR Term Lock Period
4.25% 4.674 30 year 45 days
3.75% 4.114 15 year 45 days
*Conventional rates based on a: $150,000 mortgage, 740 FICO, 80% LTV, 45% DTI, Owner occupied, Single Family residence, etc.. **Government rates based on a $150,000 mortgage, 660 FICO, 96.5% LTV (30 year), 90% LTV (15 year), 50% DTI, Owner occupied, Single Family or 1-4 multi-unit residence.
Contact your Maine Mortgage Banker and Broker at 888-775-4200 to lock in today!
