6/03/2011

MORTGAGE RATES IMPROVE AGAIN!

RODUCT
0 pts
w/pts

30 Yr Fixed
4.625%
4.375%
+1.1pt

FHA 30 Yr Fixed
4625.%
4.375%
+1.0pt

5 Yr ARM
3.25%
3.0%
+1.0pt

7 Yr ARM
3.5%
3.25%
+1.0pt

5 Yr Jumbo ARM*
3.375%
n/a

7 Yr Jumbo ARM*
3.875%
n/a

* Up to $1.5 million
- - - - -
Rates fluctuate and are always subject to credit approval. These rates are based on FICO scores of 740 and greater and loan amounts of at least $200k.
- - - - -
All loans assume no origination fee.


Mortgage interest rates improved again this past week on economic data.

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