real estate investing

Tuesday, August 02, 2005

Todays Intrst Rates




Long term fixed rate mortgages are a better deal for you today if you own your home or income property for more than 5 years. Adjustable interest rates will increase while the fixed interst rate stays constant.

For Conforming loans ($359,650 or less) start at with no points.

30 year fixed rate mortgages at 5.5%

20 year fixed rate mortgages at 5.375%

15 year fixed rate mortgages at 5.25%

3/1 Adjustable rate mortgages at 5.125%

5/1 Adjustable rate mortgages at 5.25%

7/1 Adjustable rate mortgages at 5.375%

For Jumbo loans ($359,650 to $650,000)  30 year fixed rate mortgages at 5.75%

20 year fixed rate mortgages at 5.625%

15 year fixed rate mortgages at 5.50%

3/1 Adjustable rate mortgages at 5.25%

5/1 Adjustable rate mortgages at 5.375%

7/1 Adjustable rate mortgages at 5.5% more...

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Originally Posted on 8/2/2005 4:13:54 PMContent source: http://realestates.typepad.com/realestate/2005/06/todays_intrst_r.html