Real Estate Mortgage Rate Update

Just got this from my preferred mortgage broker - Michael Mundy @ Pinnacle Mortgage. Current rates look like they've remained unchanged - great news for buyers and seller's looking to refinance.

REVISED March 17^th, 2010---- 10:30 AM ET
Lock Period = 30 Days

CONVENTIONAL CONFORMING LOANS (loans less than or equal to $417,000)

30 YEAR FIXED ---------------------------- 4.875%/ 4.891% APR

30 YEAR FIXED INTEREST ONLY--- 5.375%/ 5.657% APR

15 YEAR FIXED----------------------------- 4.250%/ 4.411% APR

5 / 1 ARM------------------------------------- 3.500%/ 3.321% APR

7/1 ARM ------------------------------------ 4.000%/ 3.816% APR

* All quotes are with 0 points
*Investment Properties --- ** Add 1.75 points (if 25% down)**
*There is a rate increase for cash-out refinance transactions over 60% Loan to Value, or condominiums over 75% LTV

CONVENTIONAL HIGH BALANCE CONFORMING FIXED RATE LOANS (loans greater than $417,000, but less than $729,500)

30 YEAR FIXED ------------------------- 5.125%/ 5.131% APR

15 YEAR FIXED ------------------------- 4.625%/ 4.641% APR

** Loan amount restrictions based on county and property type.

***There is a rate increase for cash-out refinance transactions over 60% Loan to Value, or condominiums over 75% LTV

CONVENTIONAL JUMBO LOANS (Fixed rate programs greater than high-balance conforming, ARM programs greater than $417,000)

30 YEAR FIXED--------------------------- 5.625%/ 5.891% APR

30 YEAR FIXED INTEREST ONLY-- 5.875%/ 6.131% APR
15 YEAR FIXED--------------------------- 4.875%/ 5.140% APR
5 / 1 ARM------------------------------------- 4.375%/ 4.316%APR

7/1 ARM -------------------------------------- 4.625%/ 4.556% APR

** All non-conforming loans need to be discussed in detail