Mortgage Rates Noticeably Higher After Jobs Data

August 12, 2009 · Posted in Latest Interest Rates 

Early reports from fellow mortgage professionals are indicating higher rates this morning. The par 30 year conventional rate mortgage is now in the 5.375% to 5.625% range for the best qualified consumers. In order to qualify you must have a FICO credit score of 740 or higher, a loan to value of 80% or less and pay all closing costs including 1 point loan origination/discount/broker fee….(read more)
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