Last update: November 19, 2008 09:58 AM CST
Conforming Loan Programs
Conforming rates for loans under $417,000.
Program Rates Points APR
30 yr fixed conforming 5.500 1.000 5.648
5.750 0.000 5.807
15 yr fixed conforming 5.375 1.000 5.626
5.750 0.000 5.846
3/1 ARM 5.625 1.000 5.420
6.250 0.000 5.483
30/5 yr fixed or 5/1 ARM 5.500 1.000 5.436
5.875 0.000 5.489
30/7 yr fixed or 7/1 ARM 6.000 1.000 5.734
6.375 0.000 5.834
10/1 ARM
Adjustable
 
Jumbo Loan Programs
Jumbo rates for loans over $417,000.
Program Rates Points APR
30 yr fixed jumbo 7.875 0.000 7.907
7.875 0.000 7.907
15 yr fixed jumbo 7.500 0.000 7.550
7.500 0.000 7.550
3/1 jumbo ARM 5.125 1.000 5.269
5.500 0.000 5.270
5/1 jumbo ARM 5.500 1.000 5.408
6.000 0.000 5.509
7/1 jumbo ARM
10/1 jumbo ARM
Adjustable
 
Government Loan Programs
Program Rates Points APR
30 yr fixed FHA 5.750 1.400 5.938
6.000 0.000 6.058
15 yr fixed FHA 5.500 1.000 5.752
6.000 0.000 6.096
FHA Adjustable
30 yr fixed VA 5.500 1.000 5.648
5.875 0.000 5.932
15 yr fixed VA 5.500 1.000 5.752
6.000 0.000 6.096
 
Home Equity Rates
Program Rates Points APR
Home Equity Loan .000 .000 .101
.000 .000 .105
.000 .000 .105
5.750 1.000 5.984
6.250 1.000 6.491
 
APRs are calculated based on a Conforming loan amount of $240,000, or a Jumbo loan amount of $480,000. Points/fees/rates may vary for different loan amounts.

TEXAS MORTGAGE COMPANY - 3115 West Parker Road #390 - Plano, TX 75023
Toll Free: 877-690-2200 ext. 234 Phone: (972)867-0056 ext. 234 Fax: (972)964-5869

info@texasmortgage.com