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Interest Rate Update

The following are interest rate quotes from Ron Goodlin at Coast Captal Group at ron@coastcapitalgroup.com :

Loan amounts from $150,000-$417,000

Options:These rates are available at a 1pt origination fee plus standard closing costs. Rates based on fico score ">740", impound account, loan to value "<60%" and lock period "30 days"...

30yr fixed loan 4.50% (4.64% APR)

10/1 ARM fixed 4.0 % (4.22% APR)

5/1 ARM fixed 3.625% (3.75% APR)

Loan amouts from $417,000-$729,750..Program is GONE by the end of the year....

Options:These rates are available at a 1pt origination fee plus standard closing costs. Rates based on fico score ">740", impound account, loan to value "<60%" and lock period "30 days"...

30yr fixed loan 4.75% (4.89% APR)

7/1 ARM fixed 4.0% (4.125% APR)

5/1 ARM fixed 3.625% (3.83% APR)

Loan amounts from $729,750- $2,000,000

Options: These rates are available at a 1pt origination fee plus standard closing costs. Rates based on fico score, loan to value, lock period and banking relationship... Potential for Interest only payment..

30yr fixed 4.875% 1.75Pt's (5.56% APR)

10/1 ARM fixed 5.5% (5.75% APR)

7/1 ARM fixed 5.125 (5.29% APR)

5/1 ARM fixed 4.875% (4.98% APR)

3/1 ARM fixed 4.5% (4.65% APR)

Loan amounts from $2,000,000- $10,000,000:

Options: These rates are available at a 1pt origination fee plus standard closing costs. Rates based on fico score, loan to value, lock period and banking relationship... Potential for Interest only payment..

10/1 ARM fixed 5.625% (5.75% APR)

7/1 ARM fixed 5.25% (5.369% APR)

5/1 ARM fixed 4.875% (5.128% APR)

3/1 ARM fixed 4.625% (4.75% APR)

6 month arm 3.0% (5.125%APR)

Posted Monday Nov 16