Wholesale Mortgage Rates at the end of 2008
By admin ~ December 31st, 2008. Filed under: Wholesale Mortgage Rates.
The fed announced they would be purchasing mortgage backed securities by the end of the second quarter (2009). This had a positive impact on interest rates but it seems like it just won’t stick for now. Big deal - rates are still low.
Here are some wholesale rates for today from 2 different lenders on a 30 year fixed:
4.5% 12 day lock
4.625% 15 day lock
If you are able to obtain the rates above through a mortgage broker, except to pay at least a 1 point origination fee.