Last update: December 12, 2008 11:00 AM EST
Conforming Loan Programs
Conforming rates for loans under $417,000.
Program Rates Points APR
30 yr fixed conforming 5.250 0.000 5.250
4.875 1.000 4.963
4.625 2.000 4.799
15 yr fixed conforming 5.125 0.000 5.125
4.875 1.000 5.027
4.500 2.000 4.804
3/1 ARM 4.875 0.000 4.062
4.500 1.000 4.059
4.125 2.000 4.057
30/5 yr fixed or 5/1 ARM 5.000 0.000 4.249
4.625 1.000 4.196
4.125 2.000 4.098
30/7 yr fixed or 7/1 ARM 5.250 0.000 4.513
5.000 1.000 4.477
4.750 2.000 4.441
 
Jumbo Loan Programs
Jumbo rates for loans over $417,000.
Program Rates Points APR
30 yr fixed jumbo 5.500 0.000 5.500
5.375 1.000 5.466
5.125 2.000 5.305
15 yr fixed jumbo 5.500 0.000 5.500
5.250 1.000 5.404
5.000 2.000 5.308
3/1 jumbo ARM 5.250 0.000 4.149
4.875 1.000 4.147
4.500 2.000 4.145
5/1 jumbo ARM 5.375 0.000 4.470
5.125 1.000 4.464
4.875 2.000 4.458
7/1 jumbo ARM 5.500 0.000 4.639
5.375 0.500 4.620
5.250 1.000 4.602
 
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.

Red Wagon Mortgage LLC - 149 Madison Ave --suite 602 - New York, NY 10016
Toll Free: 866-773-3924 Phone: 212-588-0944 Fax: 212-588-9050

info@RedWagonMortgage.com