FHA ARMS priced very aggressively!

The Bond Market has been highly volatile this morning, as traders take profits from yesterday’s gains. I have seen several price changes for the worse.
FHA ARMS are pricing very aggressively. Take a look in the FHA section.
Have an amazing day!!

CONVENTIONAL ( Loan amounts up to $417,000)
30 yr. Fixed – 5.125% APR 5.345%
15 yr. Fixed – 4.750% APR 4.970%

JUMBO (Loan amounts above $417,000)
30 yr. Fixed – 5.375% APR 5.595% (to $625,500 10% down) SL, Tooele, Summit Counties)
30 yr. Fixed – 6.125% APR 6.345% (to $700,000 20% down)
30 yr. Fixed - 6.375% APR 6.595% (to $850,000 25% down)
30 yr Fixed – 6.625% APR 6.825% (to 1,500,000 35% down)


FHA (Loan Limits - SL $417,000, Davis $389,850, Utah $271,050)
30 yr. fixed - 5.000% APR 5.500% with 740+ FICO
30 yr. fixed – 5.000% APR 5.500% with 620+ FICO
15 yr. Fixed - 4.375% APR 4.875%
3 yr. ARM - 3.750% APR 4.250% with 740 FICO
5 yr. ARM - 4.125% APR 4.625% with 740 FICO

FHA JUMBO (above $417,000 to max limit – SL, Tooele, Summit Co)
30 yr. Fixed – 5.250% APR 5.750% with 660+ FICO

UTAH HOUSING
30 yr. Fixed - 5.430% APR 5.930% (Rates announced Friday afternoons)

RURAL HOUSING
30 yr. Fixed - 5.375% APR 6.000%
30 yr Fixed – 5.250% APR 5.750% with .25% discount



0 Home Run Grants remaining. *****



**Rates are subject to change with market and loan size.
**Rates are subject to credit qualifying and down payment.
**Rates are based on a 30 day lock period.
**Rates are based on a 740 FICO for Conventional Loans
**Rates are based on a 620/660/740 FICO for FHA Loans

Info provided by Graystone Mortgage