Mortgage Rate Monitor For Mar 4 2013 Renovation Loans Slightly Higher

				Conforming1 Loan Rate		FHA
				30 Year Fixed		15 Year Fixed		30 Year Fixed
		Interest Rate		3.625%		2.75%		3.25%
		Annual Percentage Rate (APR)		3.799%		3.056%		4.274%
		Monthly Payment		$820.90		$1,221.52		$982.87
		Payment Term		30 YEARS		15 YEARS		30 YEARS
		Loan Amount		$180,000		$180,000		$180,000
		Est. Prepaid Finance Charges		$3,800		$3,800		$3,800
		Down Payment		25%		25%		3.5%

Be aware that mortgage rates can change without notice and apply only in certain conditions. The APR for the loan products shown reflects the interest rates and estimated prepaid finance charges which include 1% of your loan amount to be paid toward the loan origination charge, but does not include all closing costs or discount points. The displayed rates assume that you're refinancing a single-family primary residence with a 60-day-lock.

These mortgage rates are based upon a variety of assumptions and conditions which include a consumer credit score which may be higher or lower than your individual credit score. Your loan's interest rate will depend upon the specific characteristics of your loan transaction and your credit profile up to the time of closing.

The monthly payment amount displayed includes principal, interest and any required mortgage insurance. The payment amount does not include homeowner's insurance or property taxes which must be paid in addition to your loan payment.

Conventional loans with a down payment less than 20% require mortgage insurance which could increase the monthly payment and APR.

FHA loans require both an upfront and in most cases, an annual mortgage insurance premium. The premium varies based on the individual loan characteristics. For illustrative purposes on FHA loans, our loan detail results include an estimated mortgage insurance payment added to the monthly principal and interest payment.

¹ Conforming loan amounts for certain loan products have increased in federally designated metropolitan areas. Larger limits available in the state of Hawaii. To find out if these new loan limits can help meet your needs, contact us.

Predictable Monthly Payments

Finance your most important investment — your home — with security designed to meet your needs. You can have the security of knowing that your monthly mortgage payments won't change no matter how interest rates change in the financial markets. If you're planning on staying in your home for the long term, you can lock in today's favorable fixed mortgage rates for the life of your loan. Start the application process online or call us at 954/648-4949and our home mortgage consultants can address your individual needs.