Latest Hoboken Mortage Rates

Print Friendly
Print Friendly

The latest Hoboken Mortgage Rates from the IHRE mortgage rate guy….

REVISED January 15th, 2010—- 10:30 AM ETLock Period = 30 Days
CONVENTIONAL CONFORMING LOANS (loans less than or equal to $417,000)
30 YEAR FIXED —————————- 5.000%/ 5.036% APR
30 YEAR FIXED INTEREST ONLY— 5.625%/ 5.657% APR
15 YEAR FIXED—————————– 4.375%/ 4.411% APR
5 / 1 ARM————————————- 3.750%/ 3.621% APR
7/1 ARM ———————————— 4.250%/ 4.016% APR
* All quotes are with 0 points*Investment Properties — ** Add 1.75 points (if 25% down)***There may be a rate increase for cash-out refinance transactions over 60% Loan to Value, or condominiums over 75% LTV

CONVENTIONAL HIGH BALANCE CONFORMING FIXED RATE LOANS (loans greater than $417,000, but less than $729,500)
30 YEAR FIXED ————————- 5.250%/ 5.279% APR
15 YEAR FIXED ————————- 4.625%/ 4.641% APR
** Loan amount restrictions based on county and property type.
***There may be a rate increase for cash-out refinance transactions over 60% Loan to Value, or condominiums over 75% LTV
CONVENTIONAL JUMBO LOANS (Fixed rate programs greater than high-balance conforming, ARM programs greater than $417,000)
30 YEAR FIXED————————— 5.990%/ 6.015% APR
30 YEAR FIXED INTEREST ONLY– 6.250%/ 6.271% APR15 YEAR FIXED————————— 5.125%/ 5.140% APR5 / 1 ARM————————————- 4.500%/ 4.316%APR
7/1 ARM ————————————– 4.750%/ 4.556% APR ** All non-conforming loans need to be discussed in detail

*** Special Program 15/ 30 ARM —–5.000% / 4.922% APR — .50% Points — Loans up to $1,000,000!!!

**Please call for rates on loans over $1 million!! **
** Please call for rates on FHA loans!! **
Total Fees Charged By Pinnacle Mortgage, Inc.
$350.00 — Application Fee (Includes Appraisal, Lock-in, Credit, Flood & Processing) $395.00 — Commitment Fee (Wiring Funds, Attorney Review & Doc Preparation)

Michael Mundy Pinnacle Mortgage, Inc.Mobile — (973) 985-9948 mmundy@pinnaclemortgage.biz
www.mundymortgages.com

Hoboken Real Estate
Total condos available 442
Avg DOM 101
Information deemed reliable but not guaranteed

Thanks mortgage rate guy for the latest Hoboken Mortgage Rates

Speak Your Mind

*