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:: Mortgage Rates

Rates Effective as of March 17, 2004

:: Conforming Fixed Rate Mortgages
 
Rate (%)
Points
APR (%)
CAPS
Monthly Cost Per Thousand
30 Year Fixed

5.000
2
5.178

$5.37
5.250
1
5.340
$5.52
5.500
0
5.500
$5.68
20 Year

4.750
2
4.990
$6.46
5.000
1
5.120
$6.60
5.250
0
5.250
$6.74
15 Year

4.250
2
4.552
$7.52
4.500
1
4.651
$7.65
4.750
0
4.750
$7.78
10 Year

3.875
2
4.306
$10.07
4.125
1
4.340
$10.18
4.375
0
4.375
$10.30

:: Jumbo Fixed Rate Mortgages
 
Rate (%)
Points
APR (%)
CAPS
Monthly Cost Per Thousand
30 Year
5.250
2
5.431
$5.52
5.500
1
5.591
$5.68
5.750
0
5.750
$5.84
20 Year
5.000
2
5.242
$6.60
5.250
1
5.372
$6.74
5.500
0
5.500
$6.88
15 Year
4.500
2
4.804
$7.65
4.750
1
4.902
$7.78
4.990
0
4.990
$7.90

:: Conforming & Jumbo Adjustable Rate Mortgages
 
Rate (%)
Points
APR (%)
CAPS
Monthly Cost Per Thousand
1 Year ARM
3.990
0
3.654
2/5
$4.77
3/1 Year ARM
4.250
0
3.960
2/6
$4.92
5/5 Year ARM )
5.500
0
5.500
2/6
$5.68
5/1 Year ARM (with auto pay 4.750 0 4.192 2/6 $5.22

:: First Time Homebuyers Programs
 
Rate (%)
Points
APR (%)
CAPS
Monthly Cost Per Thousand
30 Year Fixed
5.250
0
5.250
$5.52
5/5 Year ARM
5.250
0
5.405
2/6
$5.52

APR quoted is based upon a required 20% downpayment, and $100,000 loan amount example. Market conditions may cause rates and programs to change without notice. Rates quoted are for primary residences only. This information is intended for the use of real estate professionals. To calculate mortgage payment multiply loan amount by cost per thousand. Example: $100,000 x .00751 = $751.00. All ARM Annual Percentage Rates are subject to increase after consummation.

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