Great news! Conforming loan interest rates are now 6.5% and jumbo loan interest rates are 7%. These are for fixed rate 30 year financing. (Conforming loans are under 417K and Jumbo loans are over 417K). Additionally if you buy a Long listing and utilize a Long Mortgage lender, the first year will be brought down 1%; so for loans under 417K, it would be 5.5% the first year and for higher loans would be 6% the first year! I am so happy I work for Long since it offers such innovative programs that serve its clients so well. Keep in mind this mortgage buydown is only offered through September 15th. What a great time to buy a Long listed house! These low interest rates are pretty much the same rates we saw a year ago. What a difference a week makes!