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Rate Update

Today’s Interest Rates: 30 Year Fixed 3.875% (4.036% APR) 15 Year Fixed 3.375% (3.624% APR) 5 Year ARM 2.750% (2.842% APR) 30 Year Jumbo 4.125% (4.208%APR) Recent news of the New York Fed’s Empire State Manufacturing Survey showed a pick-up in activity to its highest level since June, but the University of Michigan Consumer Sentiment Index dropped slightly.  We know that consumer sentiment is a big deal, roughly 2/3 of our economy is based on consumer spending, and at the most basic level, consumers based their spending habits on the perceived strength of the economy.  If you want to turn the economy around, be the change you wish to see.  Get out there and spend!
Written by Central Coast Lending - Go to Central Coast Lending's Website/Profile
805.543.LOAN info@centralcoastlending.com