Interest Rate Update for Homes In The Glen.
Interest Rates move up. Here are the approximate interest rates for this week of January 30, 2009 for 30 year fixed loans for residential properties (single family homes and condominiums):
Conforming Loan (loan amount up to $417,525) - 5.375%
Agency Jumbo Loan (loan amount $417,000-$625,500) -5.75%
Jumbo Loan (over $625,000) - 6.625%
10 Year- 6%
5 Year -5.125%
This information has been provided by Jim Greenwald of First Capital Mortgage at 310-434-1703.
Posted by Leesel Boulware
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