Interest Rate Update 
Interest rates move up a touch. Here are the approximate interest rates for this week of January 30, 2009 for 30 year fixed loans for residential properties (single family homes and condominiums):
Conforming Loan (loan amount up to $417,525) - 5.375%
Agency Jumbo Loan (loan amount $417,000-$625,00) - 5.75%
Jumbo Loan (over $625,000) - 6.625% (Alternatively there are a 10 Year at 6% and a 5 Year at 5.125%)
This information has been provided by Jim Greenwald of First Capital Mortgage at 310-434-1703.
Posted by Leesel Boulware
Interest rates move up a touch. Here are the approximate interest rates for this week of January 30, 2009 for 30 year fixed loans for residential properties (single family homes and condominiums):
Conforming Loan (loan amount up to $417,525) - 5.375%
Agency Jumbo Loan (loan amount $417,000-$625,00) - 5.75%
Jumbo Loan (over $625,000) - 6.625% (Alternatively there are a 10 Year at 6% and a 5 Year at 5.125%)
This information has been provided by Jim Greenwald of First Capital Mortgage at 310-434-1703.
Posted by Leesel Boulware
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