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Mortgage rates for July 22nd

Sponsored by: MNAR

 

Today's mortgage rate info from Royal Credit Union:

30-Year Fixed:
4.475% 0 Points
4.325% 1 point

20-Year Fixed: 
4.300% 0 Points
4.150% 1 point

15-Year Fixed:
3.950% 0 Points
3.800% 1 point

 

JUMBO Rates drop over 1% at RCU!  Now is the time to purchase or refinance!

JUMBO ARMS (30 year amortization) - Loans over $417,000

Rates are based on credit score. The following shows the best rates:

1/1 Arm: 3.490%
3/1 Arm: 3.990%
5/1 Arm: 4.240%

Historically low rates drop for the third week! Now is the time to take advantage of the purchase OR refinance market. Closing costs are approximately 1% lower with RCU!




Jackie Schwalen
Royal Credit Union
952-465-0914
4450 W 76th Street Edina, MN 55435

 

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