Interest Rate Update

The following are interest rate quotes from Michael Cordova  of Milestone Mortgage at michaelc@milestonemtg.com :

June 8, 2009

 

 

FIXED RATES CONFORMING JUMBO

 

 

  Rates Points Rates Points
  30-Year Fixed Rate 5.375% 1.000 6.625% 1.000  
             
  30-Year Fixed Rate FHA 5.500%   5.750%    
             
  HYBRID ARMS          
             
  5/1 ARM 4.500% 1.000 4.850% 1.000  
             
  7/1 ARM 4.875% 1.000 5.350% 1.000  
             
  10/1 ARM 5.000% 1.000 5.700% 1.000  
             

 


 

 

INTEREST ONLY Rates Points Rates Points

 

HYBRID ARMS        
             
  5/1 ARM 4.625% 1.000 4.900% 1.000  
             
  7/1 ARM 5.125% 1.000   1.000  
             
  10/1 ARM 5.375% 1.000   1.000  

For more information about Financing your purchase of a home on the Palos Verdes Peninsula, visit my website at http://www.maureenmegowan.com

About mmegowan

I am a realtor with Remax Estate Properties in Palos Verdes Estates. Visit my website at http://www.maureenmegowan.com
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