Mortgage Rates in Northwest Arkansas for the Third Week of October 2009
October 23rd, 2009 categories: Buying a Home
Below is a sampling of mortgage rates from several local lenders in Northwest Arkansas. I’ll be posting these rates (sometimes with different lenders) every Friday so keep coming back if you are shopping for rates or are interested in rate trends. Of course, rates and APR are based on borrowers with high credit scores and 20% down payment. If you would like a full list of all lenders in Northwest Arkansas you should email info@mortgagedatareport.com and request that NWA be added to their daily list.
Mortgage Rates for October 23rd, 2009
| Lender | 30yr APR | 15yr APR | FHA APR |
|---|---|---|---|
| Arvest | 5.132 | 4.599 | not calc. |
| Meridian | 5.047 | 4.542 | 5.044 |
| Wells Fargo | 5.191 | 4.700 | 6.245 |
This weeks rates come from two local lenders, Arvest and Meridian Mortgage, who graciously provide their rates anytime. The third set of rates is provided from Wells Fargo online rate sheet… which you can find here if you are looking for other types of loans. Arvest’s rates for today are based on a 50 day lock.
I hope you find these rates helpful. Here is the contact information for all the lenders listed this week.
Arvest – Kirk Johnson – (479) 271-1446 Sugar Creek Branch
Meridian Mortgage – Kelly – (479) 582-LEND
Wells Fargo – (479) 636-2245 x13
Disclaimer:
No warranty is made as to the accuracy of the information provided herein. All conventional rates are quoted based on a 740 FICO score with 20% down payment, 30 day lock unless noted, and a purchase amount of $200,000. FHA rates are quoted based on a 740 FICO score with 3.5% down and a purchase amount of $200,000. Lender rates will change depending on the borrowers actual down payment, credit score, and market volatility. Contact the lender directly for the most current rates.
