Saturday, August 11, 2007

Mortgage Rates for Metrocities Mortgage August 10, 2007

Rates have been falling on the conforming market, but have gone through the roof on non-conforming loans. You may want to discuses with the seller paying points to drive down the rates on jumbo loans.
If you have any questions please call Ron at 858 2289

Loan Program
Loan Amount
Interest Rate
Points

30 Year Fixed
$417,000
6.500%
0

15 Year Fixed
$417,000
6.250%
0

7/1 ARM
$417,000
6.875%
0

5/1 ARM
$417,000
6.750%
0

3/1 ARM
$417,000
6.875%
0

6-Month Interest-Only ARM
$417,000
6.875%
0

1-Month Interest-Only ARM
$650,000
7.125%
0

30 Year Fixed
$650,000
7.500%
1

FOR MORE INFORMATION, CONTACT:
Ronald TennantSenior Mortgage ConsultantDirect Phone: 302.644.7964 Mobile Phone: 302.858.2289 Fax: 610.290.1937Email: rtennant@metrocitiesmtg.comWeb: www.ronaldtennant.com17316 Costal Highway Lewes, DE 19958

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