|
Sample Interest Rates as of May 5, 2006 (street rates no discounts applied)
| Target |
Current Rate |
Current Points |
Current APR* Rate |
| 1 Year Conforming ARM |
6.75% |
1.0 |
7.811% |
| 1 Year FHA ARM |
6.0% |
1.375 |
8.196% |
| 1 Year Jumbo ARM |
5.875% |
1.0 |
7.682% |
| 15 Year Fixed Rate Conforming |
6.22% |
1.0 |
6.52% |
| 15 Year Fixed Rate Jumbo |
6.21% |
1.0 |
6.444% |
| 3-1 Conforming ARM |
5.961% |
1.0 |
7.367% |
| 3-1 Jumbo ARM |
5.96% |
1.0 |
7.33% |
| 30 Year Fixed Rate Conforming |
6.58% |
1.0 |
6.763% |
| 30 Year Fixed Rate FHA |
6.72% |
1.0 |
7.125% |
| 30 Year Fixed Rate Jumbo |
6.625% |
1.0 |
6.771% |
| 30 Year Fixed Rate Relocation Mortgage |
6.58% |
1.0 |
6.763% | |
* Due to market fluctuations, interest rates are subject to change daily. The APR calculation is based on a loan amount of $100,000.00 for a primary residence, with 20% down, closing costs of $727.00 plus all points shown, 15 days of prepaid interest and a 30 day lock. The APR shown for ARMs may be increased after consummation.
|
|
