Check out this weekend's mortgage rates provided by
Covenant Mortgage Corporation:
Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 5.00%
15-yr Fixed = 4.625%
Jumbo Loans: Loan amounts over $417,000*
30-yr Fixed = 5.875%
5/1 ARM = 5.375%
7/1 ARM =5.625%
FHA Loans: Loan Amounts up to $346,250*
30-yr Fixed = Range from 5.00% - 6.00%
*Based on pricing as of Friday, 2/27/09 at 1:00PM.
And, as a part of the stimulus package signed February 19th, FHA has raised the maximum loan amount in Metro Atlanta to $346,250 effective immediately!
If you would like help with your next real estate transaction, please contact our team at
Vanderhoff Real Estate today. We can be your bridge to success!
Labels: 15 year fixed, 30 year fixed, covenant mortgage, FHA, mortgage rates, vanderhoff real estate