Compare Salem Rates

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Salem Mortgage Rates Basic Series

Conforming

For loan amounts up to $417,000 (APR based on $400,000)

Jumbo

For loan amounts over $417,000 (APR based on $500,000)

FHA

Loan limits vary by state (APR based on $150,000)

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Mortgage Rates Stories

Mortgage Rates Steady

The mortgage securities market is off to a negative opening, potentially raising rates slightly.»

Understanding Mortgage Rates by Understanding Bonds

A look at the bond market provides insight into what moves mortgage rates up and down.»

Federal Reserve Slashes Rates. Will it Lower Mortgage Rates?

Will the Federal Reserve announcement to lower the Fed funds rate lower mortgage rates? Yes.»

Locking In a Mortgage Interest Rate

Mortgage interest rates are unusually low right now, but it's not certain how long they'll stay that way. So when applying for a mortgage, either ...»