Wednesday, July 01, 2009

Interest Rate Update!

Interest Rate Update for The Westwoodian for Friday June 26th.

Here are the approximate interest rates for this week of June 26, 2009 for 30 year fixed loans for residential properties (single family homes and condominiums):

Conforming Loan (loan amount up to $417,525) - 5.25%

Agency Jumbo Loan (loan amount $417,000-$729,750) -5.50%

Jumbo loan (loan amount over $729,750)- 6.625%

And there is a fixed 10-year- 5.5%

This information has been provided by Jim Greenwald of First Capital Mortgage at 310-434-1703.

Posted by: Leesel Boulware

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