Rates have gone down!

Good Afternoon,

The talk may be that the market is bad and rates are high!  When acutally, the market has changed and the rates are good!

 

The rates have gone down in the last few days.  Take a look at the below rates for the week.  Please call if you have any questions.  Thanks!

 

Jade

 

RATES

as of October 23rd, 2007

 

Conforming (up to $417,000)

 

Product                                   Rate   

30 year fixed                          6.125

20 year fixed                          6.125

15/10 year                               5.875

40 year fixed                          6.625

 

FHA 30 year                           6.250

PHFA 30 year                        6.375

My Community 100%           7.000

 

Jumbo (above $417,000)

 

Product                                   Rate   

30 year fixed                          6.875

15 year fixed                          6.375

5/1 ARM                                6.375

 

ARMS

 

Product                                   Rate   

 

3/1 ARM                                6.125

5/1 ARM                                6.125

7/1 ARM                                6.250

 

Jade A. Sullivan

Private Mortgage Banker

Arlington Capital Mortgage

3260 Tillman Drive, Suite 90

Bensalem, PA 19020

Office 267-525-0301

Cell 215-840-7193

Fax 1-866-361-5945