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Saturday, May 28, 2011

Interest rates for week ending 5/27/2011

Interest rates for the week ending 5/27/2011
Brought to you by OCCOASTPROPERTIES!

Interest rates moved down again this week. The most attractive products seem to be the 30yr fixed conforming rate. OCCOASTPROPERTIES clients can receive 4.375% fixed for 30yr, no points/no fees! The FHA 5-1 product starts at 3%!



Conforming 417,000,000 with 20% down, 30yr fixed
4.500% -  1 point
4.625% -   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
4.375% -  .50 point
4.500% -  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
3.000% -  .375 point
3.125% -  No points

FHA to 729,500 with 3.500% down, 30yr fixed
4.375% -  .625 points
4.500% -  No points

Non Conforming 2,000,000 with 20% down, 5yr fixed arm
3.375% -  .875 point
3.625% -   No points

Non Conforming 2,000,000 with 20% down, 30yr fixed
4.875% -   .75 point
5.000% -   No points



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