The conforming 30-year fixed rate loan amount is $400,000 with a 6.250% rate and an APR of 6.560%. Discount points are 1.000 ($4000). 

The Jumbo 30-year fixed loan amount is $1,000,000 with a 6.125% rate and an APR of 6.340%. Discount points are also 1.000 ($10,000). 

Lastly, for those interested in an adjustable-rate mortgage (ARM), the jumbo 10/6 ARM* loan amount is $1,000,000 with a 5.750% rate and an APR of 6.572%. Discount points are 0.550 ($5,500).

It is important to note that interest rates can change at any time. Hence, it is always best to check with your lender or real estate agent before making any decisions regarding your home financing or refinancing needs. Additionally it's good to keep in mind that these numbers may only be applicable for some buyers depending on individual circumstances such as credit score or other factors that can influence interest rates and terms of mortgages or loans. It may be beneficial to work with a real estate professional like Susan Bonnano of Synergy One, who can help you find the best options tailored to your needs to get the most favorable interest rates.  

While there are no guarantees when it comes to finding the best deals on mortgages or loans, it’s important to stay up-to-date on market trends and changes in interest rates so you can make informed decisions about your finances when it comes time for buying or refinancing a home. The Taryn Martin Real Estate team and Synergy One have provided us with some helpful updates regarding current interest rates, which can guide financial decisions concerning one’s own home-buying process! For more information about mortgage options, reach out to Susan Bonnano of Synergy One, who will help guide you through the process!