Blog

Happy New Year!

January 9th, 2017

I hope all had a great holliday and new year.  The last couple months we saw interest rates increase imediately after the election.  They were going to go up anyway, it was just a matter of time.  As we head into the spring purchase market please remember to call or email and questions, and to find out if you qualify for the type of purchase you want to do.  I am acessible after hours and weekends if needed.

30 year and 25 year fixed: 4.125%  (Apr 4.20)

20 year fixed:  4.0% (Apr 4.09)

15 year fixed: 3.49% (Apr 3.57)

10 year fixed: 3.375% (Apr 3.45)

FHA 30 year fixed: 3.75% (Apr 4.53)

VA 30 year fixed3.75% (Apr 3.91)

Jumbo: Please Call

**Rates subject to change.  Above rates based on credit score greater than 740 and mortgage loan being a purchase with 20% down.  Please Call or email for an exact quote for your situation.  Thank you

Craig Meyer
President
Archer Mortgage Lending Corp
8050 Watson Rd Ste 245
St. Louis, MO 63119
314-968-1500, Fax: 314-968-7998
Cell: 314-323-3092
craig@archermortgage.com