the mortgage market

March 13th, 2008 at 12:22 AM by Leslie Bauer, San Francisco REALTOR

Daily Commentary & Rates

Wednesday, March 12, 2008

There is no news today, aside from CNBC report of Elliot Spitzer’s resignation, so eyes will be on the stock markets coming off of yesterday’s big gains – the largest percentage in 6 years.

Conforming Rates
($200,000 - $417,000)	0 Points	1 Point
30 Year	6.375	6.125
15 Year	5.750	5.375
7/1 ARM	6.375	6.000
5/1	6.125	5.750
3/1 ARM	6.000	5.625
7/1 ARM INTEREST ONLY	6.500	6.125
5/1 ARM INTEREST ONLY	6.250	5.875
3/1 ARM INTEREST ONLY	6.750	6.750

Jumbo Rates
($417,001 - $650,000)	0 Points	1 Point
30 Year	7.500	7.125
15 Year	6.875	6.125
7/1 ARM	6.375	6.000
5/1	6.125	5.750
3/1 ARM	6.000	5.625
7/1 ARM INTEREST ONLY	6.500	6.125
5/1 ARM INTEREST ONLY	6.250	5.875
3/1 ARM INTEREST ONLY	7.500	7.500

Super Jumbo Rates
($650,000+)	0 Points	1 Point
30 Year	7.500	7.125
15 Year	6.875	6.125
7/1 ARM	6.375	6.000
5/1	6.125	5.750
3/1 ARM	6.000	5.625
7/1 ARM INTEREST ONLY	7.000	6.125
5/1 ARM INTEREST ONLY	6.250	5.875
3/1 ARM INTEREST ONLY	7.500	7.500

Gil Mora, Mortgage Banker

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