The Mortgage Center Rate Guide - Rates as of: December , 2007
Fixed Rates
Rate (3)
Direction
Adjustable Rates
Rate (3)
Direction
30 Yr. Conform (1)
5.750%
down
7/1 ARM
5.875%
up
15 Yr. Conform
5.250%
down
5/1 ARM
5.750%
up
30 Yr. Jumbo
6.625%
holding
3/1 ARM
5.375%
up
15 Year Jumbo
6.125%
holding
Option Arm (2)
7.388%
holding
Conforming Loan limit for single family homes is $417,000. Jumbo loans are greater than $417,000.
Option ARMS offer monthly choices of a Minimum Payment, Interest Only, or Principal & Interest (P&I) based on either 30 yr. or 15 yr. payment periods. They also offer start rates for the first one to three months as low as 1.00%.
The above rates are based on a 1% Origination Fee. All of our programs are available with 0% Origination Fee at a slightly higher rate.
If you are interested in buying a home, please, check our page Breckenridge Homes For Sale, if you are looking to buy a condo next to the ski area please visit Breckenridge Ski in Ski out Condos or Breckenridge Condos For Sale, if you would like to buy a piece of land and build your mountain home later please go to Breckenridge Land For Sale. Whatever you are looking for, you will find it here on my website! If you have difficulties in finding the right property, please contact me.