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Today's Interest Rates

 

Mortgage Interest Rate Update

interest rate volatility

- UPDATED: Sept 1, 2022

 

The market’s renewed perception of a more aggressive monetary policy stance has driven mortgage rates up to almost double what they were a year ago. The increase in mortgage rates is coming at a particularly vulnerable time for the housing market as sellers are recalibrating their pricing due to lower purchase demand, likely resulting in continued price growth deceleration.  Source: Freddie Mac

 

JUNE 1ST MORTGAGE INTEREST RATES
30 yr FHA - 5.55 %
30 yr Conv - 6.25%
15 yr - 5.40%
Jumbo - 5.20%

For daily mortgage rates see Home Loan Rates, below.

Till Next Month,

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'View Market Trends Report Here'

 

Interest Rate Advice

Not all borrowers will receive the same mortgage interest rate.  Rates can vary significantly according to loan type, down payment, credit score, length or term of loan, down-payment assistance programs or subsidies, and so forth.  

The long term expectation is for interest rates to rise.  Don't take our low mortgage interest rates for granted. If you're financing a home right now, my best advice is to "lock-in" these historical low rates, rather than gamble.  It's alwasys better be safe than sorry!

If you're in the market for a home this year, allow us to help you find the right lender and loan program, and help you take advantage of our very reasonable and low mortgage interest rates.  Today’s rates are still quite a bargain!

 

Today's Interest Rates & Trends

'View Market Trends Report Here'

Michael Dagner is an expert in Denver-Area home sales.
Call today, (303) 514-4000, for help with your home sale or purchase.

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