America's #1 Mortgage Rates Report: July 25, 2008

America's #1 mortgage rates for July 22, 2008.  Loan amounts up to $417,000:

3/1 ARM              5.625%

5/1 ARM              5.750%

7/1 ARM              6.125%

10/1 ARM            6.375%

30 Yr Fixed          6.375%

All rates offered to the borrower with 1 point cost.  Rate quotes assume a purchase transaction with a 20% down payment, 720 credit score, and full income qualification.  Rates are subject to fluctuation.  Custom rate quotes and rate lock advice are available by calling (858)-777-9751.

MORTGAGE RATE TREND:

Next 7 days:       Slightly Lower

Next 30 days:     Slightly Lower

Next 3 months:   Neutral