The mortgage back securities are back to the lows of late last year. We are seeing 15 yr fixed rates with a 2.625% with an APR of 2.835% . The 30 year fixed is at 3.5% with an APR of 3.628%. These quotes are for a conventional loan with 20% down or equity of 20 % and a 740 credit score.If you would like to get set up on our rate alert system and have current rates sent to you on a daily or weekly bases go to the following link.
http://www.stlmortgagerates.com/forms/rateTracker.html
Tuesday, April 30, 2013
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