Mortgage Rate Update

TARP funds must be finally in play now- check out our LOW Jumbo and Super Jumbo 30 yr fixed rates!

Here's a sample of Primary Home Purchase money rates today, up to 0+1, with escrows for a borrower with median credit of 720-760. These are subject to vary based on loan amount, occupancy, LTV, credit quality and other factors.

Conforming (using 250K as amt)

30 yr fixed 4.75%

15 yr fixed 4.375%

5/1 ARM, 30 yr am 4.125%

Jumbo (using 650K as amt)

30 yr fixed 5.875%

15 yr fixed 5.25%

5/1 ARM, 30yr am 4.875%

Super Jumbo (using 1M amt)

30 yr fixed 5.875%

15 yr fixed 5.25%

5/1 ARM, 30 yr am 4.75%

Compliments of Asleigh Sumlin, Bradford Mortgage Company, Charlotte 704-307-9908