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Phoenix Real Estate and Homes for Sale | Jonathan Dalton, Realty ONE Group – (602) 502-9693

Jonathan Dalton
REALTOR
ePro, SFR
602-502-9693

It’s Friday again..and today’s rates are… July 6, 2007

It’s Friday again..and today’s rates are… July 6, 2007

AvatarHere are current mortgage interest rates as of today, July 6, 2007:

Conforming Mortgage Rates (loan amounts up to $417,000 for 1-unit properties).

Conforming rate quote below based on owner occupied with minimum credit scores of 680 with an 80% loan to value or lower. Rates quoted are priced based on a 30 day lock with 1 point and there are no prepayment penalties on any of the rates quoted below.

30 Year Fixed: 6.665% (APR 6.689%). Payment per $1000 = $6.43.

30 Year Fixed with 10 Year Interest Only: 6.870% (APR 6.806%). Payment per $1000 = $5.73.

40 Year Fixed: 6.90% (APR 6.991%). Payment per $1000 = $ 6.23.

7/1 ARM: 6.4380%% (APR 6.542%). Payment per $1000 = $6.30.

5/1 ARM: 6.392% (APR 6.454%). Payment per $1000 = $6.26.

5/1 ARM with 10 Year Interest Only: 6.390% (APR 6.370%). Payment per $1000 = $5.25.

JUMBO (Non-Conforming) Rates.

Pricing is based on the same criteria above, with the exception that the loan amount is $417,001-$650,000 (20% down).

30 Year Fixed: 6.75% (APR 6.882%). Payment per $1000 = $6.49.

30 Year Fixed with interest only payments: 6.875% (APR 6.980% ). Payment per $1000 = $5.73.

40 Year Fixed: 6.870% (APR 6.953%). Payment per $1000 = $6.13.

5/1 ARM: 6.06% (APR 6.174%%). Payment per $1000 = $6.05.

5/1 ARM with 10 Year interest only payments: 6.155% (APR 6.274%). Payment per $1000 = $5.20

To receive your pre-approval, call me at 602-697-4165.

[tags]real estate financing[/tags]

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