Las Vegas Mortgage Interest Rates Are Down Slightly

Las Vegas Mortgage Interest Rates Are Down Slightly
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INTEREST RATES ARE DOWN SLIGHTLY THIS WEEK.

Interesting end of the week. Yesterday, rates went up from fear that the Federal government will need to pump more money into the economic recovery, which creates more fear of inflation. Then today came a better than expected unemployment report for the second quarter so we head into the weekend with low rates...lower than 5% again on some loans.

WEEKEND RATES - PLAN ON AROUND:

4.875 % (APR 5.123) FOR A 30 YR FIXED CONVENTIONAL LOAN (OWNER OCCUPIED OR SECOND HOME) with 1.000 points, NO ORIGINATION FEE!

4.875 % (APR 5.156) FOR A 30 YR FHA / VA LOAN, WITH 1.375 POINTS, NO ORIGINATION FEE!

5.625 % (APR 5.881) ON A 30 YR JUMBO LOAN OVER $417,000 with 1.125 POINTS, NO ORIGINATION FEE!

5.125 % (APR 5.352) ON A 5 YR JUMBO ARM OVER $417,000 with 0.875 POINTS, NO ORIGINATION FEE!

6.125 % (APR 6.405) ON A 30 YR INVESTOR (NON-OWNER OCCUPIED) LOAN UNDER $417,000 WITH 20% DOWN with 1. 125 POINTS, NO ORIGINATION FEE (720 mid score)!

5. 375 % (APR 5.653) ON A 30 YR INVESTOR LOAN (NON-OWNER OCCUPIED) UNDER $417,000 WITH 25% DOWN with 1. 250 POINTS, NO ORIGINATION FEE (720 mid score)!

Buying a Home

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If you are interested in relocating to Las Vegas or would like information on Las Vegas real estate, please email me, Bob Ratliff with RE/MAX CENTRAL LAS VEGAS, at rratliff@remax.net, or call me at 702-807-5528. I look forward to hearing from you!

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