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Mortgage Rates For New Home Loans and Refinancing In Bellingham

February 22nd, 2012 by Fawn | Posted in Banking News, Mortgage Rates, Random No Comments »

Bellingham Real Estate LoansIf you are shopping loan rates for a new home purchase or refinance you will want to read this! It’s that time again, time to update you on the latest in home loan and mortagage rates. If you are in the market for a home loan below are the mortgage rates as of today Feb. 22nd 2012, courtesy of Sidney Stonecypher at People’s Bank Barkley Branch here in Bellingham.

  Down Payment Interest Rate APR Credit Score Points

Conventional 30 yr fixed

20%

3.625

3.732

740

1

Conventional 15 yr fixed

20%

2.875

3.059

740

1

Jumbo 30 yr fixed

20%

4.250

4.386

740

1

FHA 30 yr fixed

3.5%

3.375

3.809

660*

1

VA 30 yr fixed

0%

3.375

3.725

 

640

1

*Score requirement will vary by lender

To view homes or property for sale visit our Bellingham Real Estate Search Page. For more details, or a custom home loan quote, contact Sidney Stonecypher at People’s Bank, 360-676-4597 or sidney.stonecypher@peoplesbank-wa.com. Remember that many variables come into play in determining the rate a lender will give a borrower. If you are getting a rate quote from a lender who does not have all your information, that rate may not be real. What with the low rates, it is still a great time to buy a house!

For more information on Bellingham Real Estate or to search for homes in the Bellingham and Whatcom County area visit www.JohnsonTeamRealEstate.com, your one stop Bellingham real estate and community information resource!

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