Conventional, Conforming, 30 Year Fixed-Rate, 50 Year Mortgage History Year Average Interest Rate Average Points 1972 7.38 0.9 1973 8.04 1.0 1974 9.19 1.2 1975 9.05 1.1 1976 8.87 1.2 1977 8.85 1.1 1978 9.64 1.3 1979 11.20 1.6 1980 13.74 1.8 1981 16.63 2.1 1982 16.04 2.2 1983 13.24 2.1 1984 13.88 2.5 1985 […]
Conventional
Conventional Financing to 97% LTV
Conventional Financing to 97% LTV While we do offer Government/FHA financing to 96.5%, we also have a Conventional option as well. First time homebuyer, primary residence, with as little as 3% down payment. MI still applies but now there’s an option between FHA Funding Fee or Lender MI options. Call today to find out if […]