Mortgage Loan Update - 6/3/18

Your weekly mortgage rate update is here!  Are you considering a condo purchase in Gulf Shores for an investment?  Moving to Spanish Fort permanently?  Well, unless you’re paying cash, the current rates below will be useful.  

Although we have seen rates increase slightly over the past few months, mortgage rates are still at historical lows.


  • 30 Year Conventional – 4.250%
  • 15 Year Conventional – 3.750%
  • 30 Year FHA – 4.250%
  • 30 Year VA – 4.000%

As you know, I’m a Realtor and not a loan officer.  I provide this information for present and future clients to help them “be in the know” when obtaining a mortgage to buy a home.

I work several mortgage professionals who are top notch and easy to do understand.  They are great at communicating with our clients and will make your experience as painless as possible.

Give me a ring for some great mortgage lender references and of course, I’ll go to work for you when you’re ready to purchase your next home or condo.

Jeff Nelson - Mortgage Update

This content is not the product of the National Association of REALTORS®, and may not reflect NAR's viewpoint or position on these topics and NAR does not verify the accuracy of the content.