CURRENT RATES (PURCHASE TRANSACTIONS)
Conforming Loans: Loan amounts $417,000 & under*
30-yr Fixed = 4.875 %
15-yr Fixed = 4.250 %
Conforming ARMS*
Conforming 5/1 = 3.625 %
Conforming 7/1 = 4.000%
Jumbo Loans:Loan amounts over $417,000*
5/1 ARM = 3.50%
7/1 ARM = 3.875%
30-year Fixed JUMBO = 5.50%
FHA Loans:*
30-yr Fixed Range = 4.875% - 5.00%
5/1 ARM = 3.75 % Qualify at Start Rate
*Based on pricing as of Friday, February 4th, 2010 at 12:00PM.
Prices, guidelines, and programs subject to change without notice. Subject to errors and omissions.
This information is not intended to constitute an advertisement for purposes of the Truth-in-Lending Act or Regulation "Z". It is intended solely for use by Real Estate professionals.
Residential Mortgage Licensee: GA Licensee # 22745, Florida Licensee # CL0800186,
North Carolina Licensee # B-147025, Covenant NMLS # 144774
For More Information Call or Email Mike and Melodys preferred lender
Phil Blankstein
Mortgage Planner
Cell 678-938-7111
phil.blankstein@mycovenantmortgage.com
NMLS # 251790, GA License# 26422
Labels: cumming homes for sale, current mortgage rates