Average Mortgage Rates on 01/09/08

 

Coventional Loan Amounts - up to $417,000

  30 Year Fixed:  5.625%

  15 Year Fixed:  5.375%

  30 Year Fixed - Interest Only - 5.875%

  7/1 ARM:        5.750% 

  5/1 ARM:        5.375% 

 

  

 

 

Jumbo Loan Amounts - Over $417,000

30 Year Fixed: 6.675% 

15 Year Fixed: 6.25% 

30 Year Fixed - Interest Only - 6.875%

7/1 ARM:       6.375% 

5/1 ARM:       6.25% 

 

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

* rates are subject to change