Here are the current interest rates as of December 28th, 2010.  Please call us if you have any questions.  Thanks!

Mortgage Interest Rates for Fixed Rate Mortgages*

Rates as of Tuesday, 28th December, 2010:

 

Term

Conforming

APR

Payment per
$1,000

Jumbo

APR

Payment per
$1,000

30 yr Fixed

360

4.75%

4.879%

$5.22

5.125%

5.213%

$5.44

15 yr Fixed

180

4.00%

4.220%

$7.40

4.50%

4.649%

$7.65

FHA

360

4.625%

4.753%

$5.14

%

0.000%

$0.00

VA

360

4.625%

4.753%

$5.14

%

0.000%

$0.00

5-1 ARM

360

3.00%

3.117%

$4.22

3.75%

3.831%

$4.63

5-1 ARM Interst-only

360

3.25%

3.368%

$2.71

%

0.000%

$0.00

USDA

360

4.625%

4.753%

$5.14

%

0.000%

$0.00

 

 

*Rates are subject to change due to market fluctuations and borrower's eligibility.

**APR for the conforming rate is based off of a loan amount of $200,000. APR for the jumbo rate is based off of a loan amount of $500,000** **Rates are quoted based off a full documentation loan, purchase of a primary residence, middle credit score of 740, 1% Origination and no points**