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Purchase

First Time Buyer?
Working with a Elk Financial representative can make your home buying process smooth and fun!  We have specialists for FHA, conventional, and construction financing ..  [read more]

More Purchase Post

  • 30 Year Fixed
  • Interest Only
  • ARM Loans

 

Refinance

Refinance Center
We can advise and walk you through the entire process of refinancing your home. It doesn’t always make sense to refinance, and we’ll be there to help you understand .. [read more]

More Refinance Posts

  • Maximize your Investment
  • Should you refinance?
  • Build Home Equity Faster
  • Mortgage Refinance Costs

 

Interest Rates
ProgramRatePointsAPR
Conforming Program
30 Year Fixed5.000%1.0005.107%
20 Year Fixed5.000%0.0005.025%
15 Year Fixed4.500%1.0004.682%
Government Program
FHA 30 Year Fixed5.000%1.0005.107%
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Core - Research Market Commentary Brief Thursday’s bond market has opened in positive territory following a weak opening on stocks. The stock markets are posting sizable losses with the Dow down 174 points and the Nasdaq 43 points. The bond market is currently up 9/32, which, with yesterday's late strength, should improve this morning’s mortgage rates by approximately .375 of a discount point compared to yesterday’s morning rates.


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