Weekly Mortgage Rates
October 7th, 2020
Fixed Rates based on 740 Credit Score, 80% LTV. On approved credit. Your actual rate could be higher. Primary Residence. Rates are subject to change. Contact Intent Mortgage to get an Official Loan Estimate.
Conventional
2.861%
(2.888% APR)
FHA
2.875%
(4.033% APR)
VA
2.25%
(2.425% APR)
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You Win
How Low Rates Benefit Both Buyers & Realtors
HIGHER SALES PRICES
Buyer Benefits:
-QUALIFY FOR MORE AT THE SAME PAYMENT
-INCREASE THE # OF HOMES YOU CAN SEE
Realtor Benefits:
-GREATER NUMBER OF LISTINGS TO SHOW
-INCREASED COMMISSIONS
CLOSING COST CREDITS
Buyer Benefits:
-LESS CASH NEEDED TO CLOSE
-SUBMIT MORE COMPETITIVE OFFERS
Realtor Benefits:
-LESS NEED FOR SELLER CONTRIBUTIONS
-CLIENT’S OFFERS GET ACCEPTED SOONER
SPEED + EFFICIENCY
Buyer Benefits:
-LESS PAPERWORK REQUIRED
-FASTER LOAN APPROVALS
Realtor Benefits:
-NEGOTIATE BETTER WITH QUICK CLOSINGS
-LOAN APPROVAL DAYS/WEEKS EARLY
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