Tuesday, May 13, 2008

FW: TMA'S TUESDAY RATES

 

 

 

 

The Mortgage Advantage, Inc.

 

Harold Perkins & Mary Ellen Kohut

YOUR IN-HOUSE LENDING TEAM

 

480-831-1588/800-499-2183

 

 

 

"All problems become smaller if you don't dodge them, but confront them."  ~William F. Halsey

 Tuesday, May13th, 2008 

 

     30 Year Fixed       6.250     

Loan amounts up to $417,000

FHA                     6.250

Loan amounts up to $346,250

VA                        6.250

Loan amounts up to $417,000

 

5 Yr. A.R.M.'s    5.625

Jumbo's and Conforming Loan limits

Jumbo 30 Yr. Fixed   6.875

100% Maricopa/Pinal County Rural Program  6.250

Loan amounts up to $417,000 with no mortgage insurance

 

Consumers surprised the markets this morning with retail numbers showing we are out the malls buying stuff again.  The Fed also stated they may start raising the Fed rate by the end of the year.  The stock market loved the indications that the economy is improving.  The rates, not so much.  

 

 

Harold Perkins:   602-570-9407                        Mary Ellen Kohut: 602-329-3437

 

 

 

 For real estate professionals only. Rates are an estimate to give an overview of current interest rates and are subject to change. Programs are subject to change. Rates are based on $225,000 loan amount and credit scores above 735; Jumbo rates 20% down up to 1.5 million, Rates could include points and mortgage insurance depending on the program and credit scores.  Down payment could vary depending on appraisal and program. Primary residence, fully documented income and assets, not limited down, credit scores determined by the program. This is provided as a service. Upon approved credit.  There are no guarantees intended. Rates may not included Refinances

 

 

 

 

 

 

 

 

 

 

 

 

 

The Mortgage Advantage, Inc

1720 E Warner Road Suite 1

Tempe, AZ  85284

Truth In Lending Promotes Trust In Lending

 

 

     

MB0015727

 

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