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Mortgage Rates Remain Low!

March 19th, 2009 by Fawn | Posted in Mortgage Rates No Comments »

Below are the weekly mortage rates for March 19th, 2009 . Courtesy of Kim Erchinger at Banner Bank

Conforming Loan Amounts $417,000 or less

15 Year Fixed:  Rate: 4.25%   Fee: 1.625%  APR: 4.586%

30 Year Fixed: Rate: 4.25%  Fee: 2.125%  APR: 4.484%

30 Yr Fixed Rural Housing:Rate: 4.5%  Fee: 1.875%  APR: 4.701%

30 Yr Renovation Loan:  Rate:4.250%  Fee: 1.625%  APR: 4.44%

Land Loan:  Rate: 8.25%  Rate: 2%

1 Step Construction Loan:  Rate: 5.375%  Fee: 1.5%  APR: 5.567%

Consturction loans have a .25% rate reduction at completion.

Kim Erchinger, Senior Mortgage Loan Officer

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