Conforming Loan (loan amount up to $417,525) - 4.75%
Agency Jumbo Loan (loan amount $417,000-$625,00) -5.5%
Jumbo Loan (over $625,000) - 6.25%
(in addition there is a 5-1 ARM available at 5.257%)
Monday, February 16, 2009
Interest Rate Update
Interest Rate Update for Home In The Glen for Friday February 13th. Rates have dropped since last week, particularly the conforming loan. Here are the approximate interest rates for this week of February 13, 2009 for 30 year fixed loans for residential properties (single family homes and condominiums): 
Conforming Loan (loan amount up to $417,525) - 4.75%
Agency Jumbo Loan (loan amount $417,000-$625,00) -5.5%
Jumbo Loan (over $625,000) - 6.25%
(in addition there is a 5-1 ARM available at 5.257%)
Conforming Loan (loan amount up to $417,525) - 4.75%
Agency Jumbo Loan (loan amount $417,000-$625,00) -5.5%
Jumbo Loan (over $625,000) - 6.25%
(in addition there is a 5-1 ARM available at 5.257%)
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