Happy Monday below you will find the new Bellingham Real Estate mortgage and loan information, courtesy of Sidney Stonesypher at People’s Bank Home Loan Center in Bellingham.

Conforming Home Loan Interest Rates Week of August 25th, 2008

(Whatcom County limit $417,000)
30-Year Fixed – Loan Amount $250,000
Payment:$1,540.00 including private mortgage insurance
Points 1.375
% Down: 20%
Rate: 6.250
APR: 6.412

15-Year Fixed – Loan Amount $250,000
Payment: $2,093
Points: 1.375
% Down: 20
Rate: 5.875
APR: 6.141

These rates are available 08/25/2008 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: $1,544
Points: 1.55
% down: 3%
Rate: 6.125
APR: 6.826

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