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Mortgage Rates for Frederick Home Buyers

Loan Program

Conventional

Conv > $417,000

FHA/VA

FHA > $417,000

30 Year Fixed

5.125%

5.25%

5.00%

5.25%

15 Year Fixed

4.375%

4.625%

4.50%

5.00%

3/1 ARM

4.00%

4.25%

4.25%

4.25%

5/1 ARM

4.00%

4.25%

4.25%

4.25%

7/1 ARM

4.25%

4.50%

The above scenario assumes credit scores greater than 740, 20% down-payment, 30-day lock period, and 1 origination point.

USDA Rural Housing

CDA

VHDA

 

30 Year Fixed

5.50%

5.375%

4.875%

 

The above scenario assumes credit scores greater than 700, 20% down-payment, 30-day lock period, and 3 origination points.

Non-Agency/ Jumbo

 

30 Year Fixed

6.125%

 

5/1 ARM

4.625%

 

The above scenario assumes credit scores greater than 800, 25% down-payment, 30-day lock period, and 1 origination point.

 

Kathy DaubertWells Fargo Home Mortgage
Wells Fargo Home Mortgage
5300 Westview Drive, Suite 302
Frederick, MD 20703
Phone: (301) 644-2102
Fax: (866) 751-4006
Cell Phone: (301) 606-0522
E-Mail: Kathy.Daubert@wellsfargo.com

Posted: Tuesday, July 28, 2009 11:09 AM by Chris & Karen Highland

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