Bank of America week ending rates for 5/6/11!

As you can see the conforming loans (under $417,000) 30-yr fixed hit 4.5% this week! Look at the 5-1 ARM rate 2.75%!!!!!!! FHA rates are 4.375% 30-yr and 3.25% for 5yr fixed!

Conforming 417,000,000 with 20% down, 30yr fixed

4.500% -  1 point

4.750% -   No points

Conforming 417,000 with 20% down, 5yr fixed arm

2.750% -  1 point

3.000% -  No points

Conforming 729,500,000 with 20% down, 30yr fixed

4.625% -  .75 point

4.750% -  No points

Conforming 729,500 with 20% down, 5yr fixed arm

3.000% -  .1 point

3.250% -   No points

FHA to 729,500 with 3.5% down, 5yr fixed

3.250% -  1 point

3.500% -  No points

FHA to 729,500 with 3.500% down, 30yr fixed

4.375% -  1 points

4.500% -  No points

Non Conforming 2,000,000 with 20% down, 5yr fixed arm

3.375% -  .75 point

3.625% -   No points

Non Conforming 2,000,000 with 20% down, 30yr fixed

4.75% -   1.25 point

5.000% -   No points

Visit us at www.occoastproperties.com