Tuesday, August 23, 2011

Current Mortgage Rates

A Sampling of our current New York rates:

Obviously every scenario is different. Please call for a quote.

Conforming (to $417k)
30 year fixed 4.125%
5/1 ARM 2.875%
5/1 ARM – Interest Only 3%

Jumbo Conforming (to $729k)
30 year fixed 4.5%
5/1 ARM 3.0%
5/1 ARM – Interest Only 3.375%

Super Jumbo (to $1.5 million) if higher, need specifics of deal.

5/1 ARM 3.0%
10/1 ARM 4%

No doc (foreign national and domestic no income, no asset) to 55% LTV. Definitely need to discuss scenario.

3/1 ARM 6.625%

Stated Income, Verified Assets (to $750k, Self Employed to 65% LTV.)

30 year fixed 5.125%
5/1 ARM 4%

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