Rates are still under 5% How long will it last?

Rates March 25th, 2010Conventional 30 yr Fixed  –  4.875% no points

Conventional 15 yr Fixed  –  4.125% no points Conventional 5/1 arm- 3.625% no points

Jumbo 5/1yr arm  – 4.375% no pointsFHA 96.5%- 4.625%  – 30 year fixed  no points

VA 100%- 4.625% – 30 year fixed no pointsAll conventional loan rates are based on a middle credit score of 740 or higher and a loan amount of $150k or higher on a primary residence purchase.  Max loan to value on all conventional loans is 95% due to mortgage insurance guidelines. (debt to income ratio is limited for mortgage insurance above 90% loan to value)   All rates based on purchase money mortgages for primary residences.

Rates are subject to change based on market conditions and are intended to be used as a guide only.  For APR and up to the minute rates, please call for a rate quote.

For more information on our loan programs or to make an application, please contact: Tyler Oden    Tyler.oden@suntrust.com
Office:  850 425-6716
Fax:  850 425-6730
Mobile: 850 294-6626

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