Mortgage Rates Update for Dec 13, 2013

Posted on Friday, December 13th, 2013 at 8:39am.

The holiday season is in full swing, and it's definitely had an effect on the latest mortgage rates. Rates have risen slightly as a result of shifting markets and up and down numbers on Wall Street. Our friends at Supreme Lending say we could see a potential drop in rates next week, but nothing is guaranteed. Prudent buyers are securing their rates now! The real estate market can be unpredictable, so it's a good idea to have a strong Realtor on your side to help you at any step of the homebuying process. Contact us to start working with one of our expert agents today.

Conventional & Government

30 year Fixed- 4.5%
30 year FHA- 4.25%
30 year FHA 203K (Improvement Loan)- 4.75%
15 year Fixed- 3.5%
10 year Fixed- 3.375%

100% Financing

30 year Fixed VA- 4.25%
30 year Fixed USDA- 4.25%
30 year Fixed Bond79- 4.75%
30 year Fixed Home Sweet Home- 4.75%

Jumbo

30 year Fixed- 4.375%
15 year Fixed- 3.5%
7 year ARM- 3.25%

*All rates surveyed are 1+0, 80% ltv 740 fico- conv, 660 fico gov via Freddie Mac. Rates are not an offer to lend. For market analysis only. Mortgages underwritten by Supreme Lending.

The mortgage rates listed above have been provided by Stephen Steakley from Supreme Lending. For more information about these rates, please contact Stephen at his office, (512) 329-8914, or on his cell phone, (512) 577-8898. If you're ready to apply, click "Apply Online" now.

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