Mortgage Rate Update

Friday, March 21st, 2008

All rate quotes are for a 60-day lock with 0 points

Conforming limits are up to a $417,000 loan limit*


30 yr conforming fixed: rate = 5.875% APR = 5.957%

15 yr conforming fixed: rate = 5.500% APR = 5.739%

7/1 yr conforming ARM: rate = 5.500% APR = 5.873%

5/1 yr conforming ARM: rate = 5.250% APR = 5.239%

3/1 yr conforming ARM: rate = 5.125% APR = 5.422%

-----------------------------------------------------------

Jumbo loan limits range from $417,001 to $650,000*

30 yr jumbo fixed: rate = 6.250% APR = 6.477%

15 yr jumbo fixed: rate = 5.750% APR = 6.133%

7/1 yr jumbo ARM: rate = **** APR = ****

5/1 yr jumbo ARM: rate = **** APR = ****

3/1 yr jumbo ARM: rate = **** APR = ****

*Conforming loan limits listed above are for a single-family owner occupied residence.
Courtesy of The Harriman Team