Nebraska Mortgage Rates: Nebraska Mortgage Interest Rates Hold Out Another Day
February 3, 2011 (FreeRateUpdate.com) – With better than expected economic data being reported, Nebraska mortgage interest rates are holding out another day without change.
Today's Nebraska 30 year fixed rate mortgages are at 4.750%, Nebraska 15 year fixed rate mortgages are at 4.000% and Nebraska 5/1 adjustable rate mortgages are at 3.000%. Available with 0.7 to 1% origination fee, these are the best Nebraska mortgage loan rates for well qualified Nebraska borrowers.
FHA mortgage loans are still popular in Nebraska because of the low down payment requirements. Current
Nebraska FHA 30 year fixed rate mortgages are at 4.500% and 4.000% for Nebraska FHA 15 year fixed rate mortgages. Nebraska 5/1 adjustable rates mortgages are at 3.000%. Nebraska FHA mortgage loans included an upfront mortgage insurance premium and other applicable FHA fees making Nebraska FHA closing costs higher (APR) for borrowers.
Current Nebraska 30 year fixed jumbo mortgage loans are at 5.250%, Nebraska 15 year fixed jumbo mortgage loans are at 4.625% and Nebraska 5/1 adjustable rate mortgages are at 3.750%. Nebraska jumbo mortgage loans are available with 0.7 to 1% origination point to Nebraska borrowers who have outstanding credit and can meet lender guidelines.
Coming out of the economic downturn of several years ago, land prices in Nebraska are rising at a rapid pace. Nebraska homeowners with good credit can still lock in the best Nebraska mortgage interest rates for refinancing or purchasing a new home.
Mortgage backed securities prices (MBS) started the day down -8/32 and are currently down -10/32 (FNMA 30 yr 4.5 at 101.12). MBS prices affect mortgage interest rates which move in the opposite direction.
Today's economic data released showed a drop in jobless claims and a rise in productivity, both positive reports for investors.
FreeRateUpdate.com surveys more than two dozen wholesale and direct lenders' rate sheets to determine the most accurate mortgage rates available to well qualified consumers at a standard .07 to 1 point origination.
Nebraska Mortgage Rates
Current Nebraska 30 year fixed jumbo mortgage loans are at 5.250%, Nebraska 15 year fixed jumbo mortgage loans are at 4.625% and Nebraska 5/1 adjustable rate mortgages are at 3.750%. Nebraska jumbo mortgage loans are available with 0.7 to 1% origination point to Nebraska borrowers who have outstanding credit and can meet lender guidelines.
Coming out of the economic downturn of several years ago, land prices in Nebraska are rising at a rapid pace. Nebraska homeowners with good credit can still lock in the best Nebraska mortgage interest rates for refinancing or purchasing a new home.
Mortgage backed securities prices (MBS) started the day down -8/32 and are currently down -10/32 (FNMA 30 yr 4.5 at 101.12). MBS prices affect mortgage interest rates which move in the opposite direction.
Today's economic data released showed a drop in jobless claims and a rise in productivity, both positive reports for investors.
FreeRateUpdate.com surveys more than two dozen wholesale and direct lenders' rate sheets to determine the most accurate mortgage rates available to well qualified consumers at a standard .07 to 1 point origination.
Nebraska Mortgage Rates