Mortgage Rate Update - 01/11/08 04:07 PM
January 10, 2008
Last week I predicted rates to stay or slightly improve and that's what we have.  Notice the improvements on in the Jumbo quotes! 
Here's a sample of today's purchase money rates, 0+1, with escrows.  These are subject to vary based on loan amount, occupancy, credit quality and other factors:
Conventional (using 250K as amt)          30 yr fixed         5.5%
                                                            15 yr fixed         4.875%
                                                5/1 ARM           5.00%
Jumbo (using 650K as amt)                   30 yr fixed        6.25%
                                                             15 yr fixed       5.75% (0+.5)
                                                             5/1 ARM          5.625%
Compliments of Ashleigh Sumlin,  BRADFORD MORTGAGE COMPANY,  704-373-2289
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L Dean Davidson

Waxhaw, NC

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Keller Williams Realty - Ballantyne

Office Phone: (704) 887-6600

Cell Phone: (704) 661-3814

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