So I checked the rates today just to see what's happening in the market and here are the rates:
45 day rate lock - 720 credit scores - $250,000 Loan amount - 75% LTV
30 Year Fixed Conventional 5.250% (0 points)
30 Year Fixed FHA 5.125% (0 points)
25 Year Fixed 5.25% (0 points)
25 Year Fixed FHA 5.125% (0 points)
20 Year Fixed 5.00% (0 points)
20 Year Fixed FHA 5.125% (0 points)
15 Year Fixed 4.625% (0 points)
15 Year Fixed FHA 4.50% (0 points)
10 Year Fixed 4.25% (0 points)
10 Year Fixed FHA 4.50% (0 points)
There you go! Any fees over that or higher rates than what you see....you're paying too much! SHOP AROUND AND FIND ANOTHER LENDER!
