Terms: (A+ paper)
Purchase money, Owner Occupied, 60 day rate lock, Full Doc.
ALL RATES ASSUME 1 POINT
JUMBO
30 yr Fixed 5.375% (unchanged)
5/1 ARM 4.875% (unchanged)
CONFORMING (up to $417,000)
30 yr Fixed 4.875% (unchanged)
15 yr Fixed 4.250% (unchanged)
5/1 ARM 3.625% (unchanged)
10/1 ARM 4.375% (unchanged)
CONFORMING + LOANS (417,001 – $729,750)
Purchase and no cash out, use conforming …
