Rates April 27th, 2011
Conventional 30 yr Fixed – 4.75% — no points Conventional 15 yr Fixed – 3.99% — no points
Conventional 5/1 arm- 3.375% — no pointsJumbo 5/1yr arm – 4.125% — one point
FHA 96.5%- 4.625% – 30 year fixed — no pointsVA 100%- 4.625% – 30 year fixed — no points
All 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.