Boston Real Estate for Sale

Hello everyone, I’m sorry again been super busy the past few weeks. Everyone is trying to Refinance obviously!

Mortgage Market

Mortgage rates have come back up the past 24/48 hours.  For those current borrowers or Homeowners who locked in either Monday or Tuesday excellent timing on your part.  The lowest par 30 year conventional mortgage rates remain in a range between 4.375% and 4.50%, for well qualified borrowers.   To get the lowest possible interest rate on a conventional mortgage you must have a FICO credit score of 740 or higher, a loan to value at 80% or less.  Jumbo mortgage rates are the lowest they have been since 2003, the 30 year fixed is 5.125%, the 15 year fixed is 4.625% and the 5/1 ARM is 3.75%

Inquire within for current Mortgage Rates or guidelines   bc@SmarterBorrowing.com 617.771.5021

FLOAT or  LOCK

If I was closing on a Home Mortgage in the next 0 to 15 Days – LOCK

If I was closing on a Home Mortgage in the next 15 to 30 Days – LOCK

If I was closing on a Home Mortgage in the next 30 to 60 Days – FLOAT

If I was closing on a Home Mortgage in the next 60+ FLOAT

This is only my opinion of what I would do if I were financing a home. It is only an opinion and cannot be guaranteed to be in the best interest of all/any other borrowers.

Boston Massachusetts Mortgage Rate Update 9 / 16

www.Smarterborrowing.com

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