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Mortgage and Lending with First Horizon Home Loans
Investors Have Confidence in First Horizon, So Should You

In an article posted yesterday on Forbes.com, First Horizon was highlighted as a national lender who is positioned to weather the sub prime meltdown....

First Horizon Arches Upgrade

Carl Gutierrez, 08.07.07, 5:35 PM ET

While mortgages have turned into a dirty word, and seemingly any company near them is now subject to concern, Friedman, Billings, Ramsey thinks First Horizon National is one company that will at least be able to perform at the market's levels.

On Tuesday, Friedman, Billings, Ramsey analyst Gary Townsend upgraded First Horizon National (nyse: FHN - news - people ), based in Memphis, Tenn., to "Market Perform" from "Underperform."

Give me a call so we can discuss how we can add value to your business and your clients!

Mortgage Interest Rates*
Rates as of 08/09/2007:
 ConformingAPRPayment per
$1,000
JumboAPRPayment per
$1,000
30 yr Fixed 6.375%6.518%$6.247.125%7.225%$6.74
30 yr Fixed Interest-only6.50%6.644%$5.427.25%7.350%$6.04
15 yr Fixed6.125%6.359%$8.516.625%6.783%$8.78
100% Financing6.625%6.770%$6.40%0.000%$0.00
1st Time Homebuyers5.75%5.887%$5.84%0.000%$0.00
FHA6.625%6.770%$6.40%0.000%$0.00
VA6.75%6.896%$6.49%0.000%$0.00
5-1 ARM6.00%6.139%$6.006.25%6.344%$6.16
5-1 ARM Interst-only6.125%6.265%$5.106.375%6.470%$5.31
Construction Loan with 360 day rate lock6.75%6.896%$6.497.5%7.602%$6.99
*Rates are subject to change due to market fluctuations and borrower's eligibility.
**APR for the conforming rate is based off of a loan amount of $200,000. APR for the jumbo rate is based off of a loan amount of $500,000**
JD Terry
First Horizon Home Loans
6329 Oleander Drive Suite 200
Wilmington, NC 28403

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