We are looking for 7 arm rates colorado. What is the best "real", non-teaser market rates at this moment?

Kathy,Please go e me a call at 303-955-5606 so I can go over different options for you. I am licensed broker living in Colorado and I have different outlet of lenders to choose from based on your situation. i live in Castle Rock so not too far from you. Thanks - Mark Hemingway

It is going to depend on your credit score, loan size and appraised value of your home, but in general you are looking at about 3.875% as a par rate

Hi Kathy, it really depends on FICO, Loan to Value, Type of Property, etc. There are several variables that go into pricing out this request. You can also toggle the rate & get more lender credit (lower cost) so structuring the quote based on need & priority is best approach. If you have questions & want to discuss, don't hesitate to get in touch. Jason Berman - 970.455.4131 or 303.204.8600. (Uptown Mortgage)

It is going to depend on your credit score, loan size and appraised value of your home, You are looking at around 3.625% range. There are several factors that go into your question though, call me when you have a moment at 303-974-4892 I am in the Denver area Sincerely Rick Geraci

Also if you have a conforming loan amount (under $417,000) then rates are at about 3.00% with about a 0.25% discount point. If you have a jumbo loan(over $417,000) then rates as low as 3.75% with no discount points but could be higher if you have less than 20% equity on your property.

Kathy, I would have to agree with what others have said. And it's not just the rate, it's the closing costs (or lack thereof) and the margin the loan will adjust at after the 7-years. And don't pay one bit of attention to the APR (annual percentage rate) on an ARM loan, that is the most worthless calculation ever required by the Federal Government and is totally distorted. Here is a link to my website and a newspaper article I wrote about ARM's. You might find it helpful: http://www.mtnmortgageguy.com/loanOptions/Best%20of%20the%20mortgage%20guy%20weekly%20columns/How%20an%20adjustable%20rate%20mortgage%20loan%20works/Call me at 970-748-0342 to discuss and for a quote on a rate and estimated closing costs! I can handle your entire application by phone and internet.Chris

There are at least 21 different criteria that goes into making an accurate rate quote, including program, credit scores, down payment, property type, and personal feelings about interest rate versus closing cost options. You need to speak with a local mortgage broker, give them a full application and have a talk about options before anyone can give you any sort of accurate quote. For homes in MN, WI, and SD, visit me at www.SaintPaulMortgageBroker.com