Average Mortgage Rates on 07/09/08

 

Coventional Loan Amounts - up to $417,000 (higher in certain counties):

 

  30 Year Fixed:  6.50%

  15 Year Fixed:  6.125%

  30 Year Fixed - Interest Only - 6.875%

  5/1 ARM:        6.0% 

 

  

 

 

Jumbo Loan Amounts - Over $729,000 (your county determies maximum loan limits)

 

30 Year Fixed: 7.875% 

 

   

Above rates assume: FICO score above 730, LTV below 45%,a 12 day lock

* rates are subject to change