Mortgage Information June 7, 2009
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Conforming Loans - Full Doc (up to $417,000) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
30 Year Fixed
Rate 5.25% @ 1 point Payment per $1,000 = $5.522
Rate 5.75% @ 0 point Payment per $1,000 = $5.836 Rate 4.38% @ 1 point Payment per $1,000 = $4.993
Rate 4.88% @ 0 point Payment per $1,000 - $5.292
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High Balance Conforming ($417,001 to $625,500)
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30 Year Fixed
Rate 5.63% @ 1 point Payment per $1,000 = $5.757
Rate 6.13% @ 0 point Payment per $1,000 = $6.076
5/1 ARM
Rate 4.88% @ 1 point Payment per $1,000 = $5.292
Rate 5.50% @ 0 point Payment per $1,000 = $5.678
Temporary High Balance Conforming ($625,501 to $729,750)
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30 Year Fixed
Rate 5.88% @ 1 point Payment per $1,000 = $5.195
Rate 6.50% @ 0 point Payment per $1,000 = $6.321
5/1 ARM
Rate 4.88% @ 1 point Payment per $1,000 = $5.292
Rate 5.50% @ 0 point Payment per $1,000 = $5.678 |
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Jumbo (to $5,000,000) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
30 Year Fixed
Rate 6.50% @ 1 point Payment per $1,000 = $6.321
3/1 I.O. ARM
Rate 4.75% @ 1 point Payment per $1,000 = $5.217
Rate 5.25% @ 0 point Payment per $1,000 = $5.522
5/1 I.O. ARM
Rate 4.88% @ 1 point Payment per $1,000 = $5.292
Rate 5.38% @ 0 point Payment per $1,000 = $5.600
7/1 I.O. ARM
Rate 5.50% @ 1 point Payment per $1,000 = $5.678
Rate 6.00% @ 0 point Payment per $1,000 = $6.000
10/1 I.O. ARM
Rate 5.50% @ 1 point Payment per $1,000 = $5.678
Rate 6.00% @ 0 point Payment per $1,000 = $6.000
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Adjustable Rate Mortgage (ARM) rates may adjust to higher rate at the end of their fixed rate period. This is not a loan commitment, nor is it guarantee of any kind. This comparison is based solely on estimated figures and information available at the time of production. Interest rate assumes FICO score of 720 or greater, single family dwelling, owner occupied. California Department of Real Estate - real estate broker license #01111899.
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