Friday, January 22, 2010

Rates* for this weekend....crept up a bit....lock yours soon!

Product Interest Rate APR

Conforming and FHA Loans

30-Year Fixed 5.000% 5.191%
30-Year Fixed FHA 5.500% 6.245%
15-Year Fixed 4.375% 4.700%
5-Year ARM 3.875% 3.564%
5-Year ARM FHA 3.875% 3.401%

Larger Loan Amounts in Eligible Areas – Conforming and FHA.

30-Year Fixed 5.125% 5.264%
30-Year Fixed FHA 5.250% 5.924%
5-Year ARM 4.125% 3.606%

Jumbo Loans – Amounts that exceed conforming loan limits

30-Year Fixed 5.750% 5.895%
5-Year ARM 5.000% 3.930%



* courtesy of Wells Fargo