Mortgage Rates Remain Low
Posted by Scott Campbell on Saturday, March 5th, 2011 at 7:41am.Mortgage rates are expected to slowly climb this year, but for now they are very attractive. Here is an example from Bank Of America:
Effective: February 25, 2011 ***See Assumptions at bottom***
Present the latest great rates to your customers with these Bank of America programs designed
to fit most every homebuyer’s dream:
| Rate | Points/Origination | APR |
30 Year Fixed | 4.750% | 0.000% | 4.786% |
15 Year Fixed | 4.125% | 0.000% | 4.179% |
5 Year ARM | 3.500% | 0.000% | 3.211% |
7 Year ARM | 3.750% | 0.000% | 3.386% |
30 Year Jumbo | 5.625% | 0.000% | 5.656% |
5 Year Interest Only ARM Jumbo | 4.375% | 0.000% | 3.453% |
30 Year Fixed FHA, 3.5% Down
| 4.750% | 0.000% | 5.441% |
Call today to find out how these and other programs can make it easy to get your customers into the homes they want.
At Bank of America Home Loans®, we have helped millions of homebuyers with their home lending needs. We’d like to help you with yours. As one of the Charleston area’s top mortgage loan specialists with 11 years as a mortgage professional, I offer clear information, expert guidance and prompt personal service. If you or someone you know is considering a home loan, please keep me in mind.
Matt Snipes
843.375.4787 Office
843.452.2020 Cell
225 Seven Farms Drive, Suite 400
Charleston, SC 29492
matthew.p.snipes@bankofamerica.com
****Never pay an Origination Fee again.
Assumptions:
- Purchase
- 45 Day Lock
- 10-20% Down, (3.50% Down on FHA)
- Subject to Change at any Moment
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