Thursday, June 25, 2009

Interest rates dropping again

Here are rates from Debra Stedt with Guarantee Mortgage:
Conforming to $417,000 5.375% at 0 points
High Balance to $729,750 5.375% at 1 point
5/1 ARM 5.625% at 0 points
7/1 ARM 5/875% at 0 points
10/1 ARM 6.00% at 0 points
Good news to end the week as we head into the summer slowdown.

Also awaiting figures from my BofA contact.

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