jump to navigation

Friday’s Rates on Saturday September 7, 2007

Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).  Conforming rate quote below based on owner occupied, “full doc” with minimum credit scores of 680 with an 80% loan to value or lower and a loan amount of $400,000.   Rates quoted are priced based on a 45 day lock with 1 point and there are no prepayment penalties on any of the rates quoted below. 

30 Year Fixed: 6.000% (APR 6.%).  Payment per $1000 = $5.92.

30 Year Fixed with 10 Year Interest Only:  6.375% (APR 6.%).  Payment per $1000 = $5.31.

40 Year Fixed:  6.500% (APR %).  Payment per $1000 = $5.31.

FHA 30 Year Fixed:  6.375% (APR 6.881%) Payment per $1000 = $6.24 (not including MI).

JUMBO (Non-Conforming) Rates.   Pricing is based on the same criteria above, with the exception that the loan amount is $417,001-$650,000 (20% down).    

30 Year Fixed: 7.250% (APR 7.402%).  Payment per $1000 = $6.82. 

30 Year Fixed with interest only payments:  7.375% (APR 7.673%).  Payment per $1000 = $6.25.

5/1 ARM = 6.75% (APR

This is just a small sample available of rates and products.  Rates are as of 12:30 p.m. and may change at any time.  Available programs may change at anytime as well.    This is not a guarantee nor is it a commitment of interest rate.  For your personal rate quote or for loan amounts over $650,000, please contact me.

Check out these related posts:

Article Tags>> | | | |

Comments

Sorry comments are closed for this entry