Mortgage Interest Rates for Fixed and Variable Rate Mortgages*
Rates as of Friday, 20th May, 2011:
Term
Conforming
APR
Payment per
$1,000
Jumbo
APR
Payment per
$1,000
Arm Reset Term
Conventional - 30YR Fixed
360
4.625%
4.753%
$5.14
%
0.000%
$0.00
-
Conventional - 15YR Fixed
360
4.000%
4.124%
$4.77
%
0.000%
$0.00
-
3/1 Libor ARM
360
2.375%
2.488%
$3.89
%
0.000%
$0.00
36
5/1 Libor ARM
360
3.000%
3.117%
$4.22
%
0.000%
$0.00
60
USDA - 30YR Fixed
360
4.375%
4.501%
$4.99
%
0.000%
$0.00
-
FHA/VA - 30YR Fixed
360
4.375%
4.501%
$4.99
%
0.000%
$0.00
-
Jumbo - 30YR Fixed
360
%
0.000%
$0.00
5.000%
5.088%
$5.37
-
Jumbo - 5/1 ARM
360
%
0.000%
$0.00
3.750%
3.831%
$4.63
60


*Rates are subject to change due to market fluctuations and borrower's eligibility.
Important Mortgage Rate Disclaimer: The rates on agency conforming loan amounts are for borrowers who are have a middle FICO score over 740 and enough equity in their home to qualify for a refinance or a large enough savings to cover their down payment and closing costs. If the terms of their loan trigger any risk-based loan level pricing adjustments (LLPAs), the rate quote will be higher. LLPA's are based on such criteria as credit score, down payment, documentation type, LTV, property type, occupancy type, and program selected just to name a few. Please keep in mind that interest rates are market driven and subject to several changes daily.



You are receiving this email as a result of your ongoing business relationship with Bill Adcock. While beneficial to a wide audience, this information is also commercial in nature and it may contain advertising materials.

UNSUBSCRIBE. In the unlikely event you decide that you would not like to receive this information, please reply to this email with "Remove" in the subject line.

Bill Adcock
PNC Mortgage
700 E. Southlake Blvd. Suite 170
DFW Metroplex, TX 76092