Bellingham Home Loan and Mortgage Rate Update

Bellingham Real Estate Home LoansBellingham Real Estate Home Loan Rates

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. 1st 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%

3.750

3.872

740

1

Conventional 15 yr fixed

20%

2.875

3.122

740

1

Jumbo 30 yr fixed

20%

4.500

4.602

740

1

FHA 30 yr fixed

3.5%

3.500

3.933

660*

1

VA 30 yr fixed

0%

3.500

3.859

 

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!

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