Monday, March 3, 2008

Current Mortgage Rates

Conventional

30 Yr Fixed
5.750% 1 + 1
6.000% 0 + 1
6.125% 0 + .5
6.250% 0 + 0

15 Yr Fixed
5.125% 2 + 1
5.250% 1 + 1
5.500% 0 + 1
5.750% 0 + 0

JUMBO 30 YR
7.000% 0 + 1
7.250% 0 + 0

VA ARM
5.25% 1 + 0
3/1 ARM

FHA/VA 30 YR
5.750% 0 + 1
6.000% 0 + 0
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TX VET RATE: ENTRY DATE PRIOR TO 1977 = 4.46%
And Have Not Been Discharged More Than 30 Yrs.

ENTRY DATE AFTER 1976 = 5.44%
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*6.875% 30 Yr Fixed with NO Mortgage Closing Cost
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95% Using Bank Statements as Verification of Income
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RATES SUBJECT TO CHANGE WITHOUT NOTICE.
This information is intended for use by real estate professionals only. Above rates are for loans above $100,000. Call for quote for loans below.

*Certain Restriction Apply, Based on credit score of 680

Thank you to Steve Brown of First Continental Mortgage for the update.