Current Mortgage Lending Rates January 5, 2012

According to Jeff Jensen of Connecticut Home Mortgage, current mortgage lending rates for 1/5/12 are as follows

Conforming 30- Year fixed rate is 3.875%/4.375% New Hi balance Limit = $601,450

Jumbo 30 year Fixed rate is 4.625%

5/1 ARM @ 2.75%

5/1 Adjustable I/O rate is 3.25%

Jumbo 15Year Fixed rate is 3.50%