Wednesday, October 19, 2011

Rates As Of October 19, 2011

Residential Mortgage Rates and Programs
Jumbo Programs Rate Points APR
1 Year Arm 2.500% 1 2.580%
3.500% 0 3.500%
5 Year Arm 2.875% 1 2.999%
3.625% 0 3.625%
10 Year Arm 4.125% 1 4.250%
4.375% 0 4.375%
30 Year Fixed 4.750% 1 4.875%
5.000% 0 5.000%
Conforming Programs Rate Points APR
30 Year Fixed   $417,000 3.875% 1 3.970%
4.125% 0 4.125%
30 Year Fixed   $625,500 4.125% 1 4.190%

4.375%
4.375%

*Market conditions and interest rates change continually. Please contact your mortgage broker and/or lender for confirmation of the above information. I'm happy to provide mortgage broker/lender references upon request.

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