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Bank of America rates for the week ending 6/3/11
Source: Gary Barker, BofA 949-707-2248
Interest rates remain attractive as conforming loans (30yr fixed, 20% down) stay under 4.5% at 4.375% for the second week in a row! The rates on 5/21/11 were at 4.75% for the same product! 5/1 products are under 3% at 2.75% for FIVE YEARS!
Conforming 417,000,000 with 20% down, 30yr fixed
4.375% - 1 point
4.500% - 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% - 1.125 point
4.500% - .25 point
Conforming 729,500 with 25% down, 5yr fixed arm
3.000% - .1 point
3.250% - No points
FHA to 729,500 with 3.5% down, 5yr fixed
3.125% - .375 point
3.250% - No points
FHA to 729,500 with 3.500% down, 30yr fixed
4.375% - .375 points
4.500% - No points
Non Conforming 2,000,000 with 20% down, 5yr fixed arm
3.375% - .750 point
3.500% - No points
Non Conforming 2,000,000 with 20% down, 30yr fixed
4.875% - .625 point
5.000% - No points
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