Conforming Home Loan Interest Rates Week of August 11th, 2008

(Whatcom County limit $417,000)
30-Year Fixed – Loan Amount $250,000
Payment:$1,560.00 including private mortgage insurance
Points 1.5
% Down: 20%
Rate: 6.375
APR: 6.559

15-Year Fixed – Loan Amount $250,000
Payment: $2,093
Points: 1.125
% Down: 20
Rate: 5.875
APR: 6.114

These rates are available 08/11/2008 for qualifying Fannie Mae
or Freddie Mac approval on home purchases

30-Year Fixed Jumbo – Loan Amount $800,000

Payment: $5.390
Points: 1.00
% Down: 20%
Rate: 7.125
APR: 7.671

Cash out up to 80% Full Documentation Only (90% available)

FHA/VA Loan Amount $250,260.00, purchase price 258,000.00
Payment: $1,585
Points: 1.125
% down: 3%
Rate: 6.375
APR: 6.950

For more information on mortgage rates and different loan programs be sure to contact Sidney Stonecypher at People’s Bank Home Loan Center (360) 676-5880