Bend’s Weekly Rate Update 1/30/24

Here are this week’s rates from our dedicated local lenders:

🔹 Lender A: 6.375% Interest Rate
🔹 Lender B: 6.500% Interest Rate
🔹 Lender C: 6.375% Interest Rate

Considering a $650K home purchase with a 760 credit score and a 20% down payment, your monthly payments might look something like this:

Lender A: Approximately $3,244.12
Lender B: Approximately $3,286.75
Lender C: Approximately $3,244.12

But there’s more to consider! Let’s talk fees:

Lender Fees: Range from $1,395 to $1,495
Third Party Fees: Between $1,395 and $2,845
Recording Fees: Roughly $346 to $361
These additional costs are crucial for a full understanding of your mortgage. 📊

Remember, navigating mortgage rates and fees can be complex, but you don’t have to do it alone. As your local real estate expert, I’m here to guide you through these details and help you make the best decision for your future in Bend. 🤝

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