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Saturday, May 14, 2011

BofA Rates closing 5/13/11...can you guess which way rates went?

Hot off the press and direct to you!

Bank of America, courtesy of Gary Barker 714.348.3399 or EMAIL, reports to OCCOASTPROPERTIES the current rates ending 5/13/11. The rates fell again as the bond markets remained strong.

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
2.875% -  1 point
3.125% -  No points

Conforming 729,500,000 with 20% down, 30yr fixed
4.625% -  .50 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
3.375% -  1 point
3.625% -  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


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