Today's Rates 02-22-12

Loan Amt:  
Term Rate APR Payment
30 Yr 3.750% 3.753%
FHA 3.750% 3.751%
15 Yr 3.000% 3.078%
7/1 ARM 2.875% 3.151%
5/1 ARM 2.625% 3.121%
Super Conf 30yr 3.875% 3.878%
 









 
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Home Loan Rates

 

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Whether you're looking for home loan rates in Fairfax VA or want to speak with us about getting a 30 year fixed mortgage in Knoxville TN, we can help. Atlantic Mortgage & Funding is a Virginia-based mortgage broker providing home loans in 6 states, including Delaware, Kentucky, Maryland, Tennessee, Virginia, and West Virginia. We strive to offer great rates as well as affordable closing costs so that you can get into the home you've worked so hard for.

 

Today's featured product is a 30 year fixed rate at 4.000 (4.000 APR) which pays you a credit of $2,000

 

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Market News

Banks sink on European economic worry (Reuters)

Traders work on the floor of the New York Stock Exchange February 21, 2012. REUTERS/Brendan McDermidReuters - Banks led stocks lower on Wednesday as the S&P 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about a recession overseas.
Fitch downgrades Greece on debt swap plan (Reuters)
Reuters - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden.