Mortgage Blog

ARM Rate lower. 2.625% for Impound or LTV <=60%

April 18th, 2011 8:18 AM by Eric Fang

In the past weeks, I predicted that ARM
rate will hit history low and may go lower.

And yes, ARM rate hit new low these days
with 5/1ARM best rate scenario as 2.625%
for no closing cost at all.

For 30 yr fixed, It will break the current
level and go to the next trading range
of 4.5% to 4.625% in the next a few weeks.

Stay tuned.

Posted in:General
Posted by Eric Fang on April 18th, 2011 8:18 AM



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