Bellingham& Whatcom County Home Loan Rates- Weekly Update

Blogged under Mortgage Rates by Fawn on Monday 15 September 2008 at 9:17 am

Good Monday Morning! Below you will find the weekly Bellingham Home Loan Rates for the week of September 15th, 2008 courtesy of Sidney Stonesypher with People’s Bank Home Loan Center in Bellingham.

 Conforming Home Loan Interest Rates for the Week of September 14th, 2008

(Whatcom County limit $417,000)

30 Year Fixed Loan Amount $250,000
Payment: $14720 including private mortgage insurance
Points: 1.25
Percent Down: 20 %
Rate: 5.5
APR: 5.644

15-Year Fixed - Loan Amount $250,000
Payment: $2010
Points: 1.375
Percent Down: 20 %
Rate: 5.25
APR: 5.512
These rates are available 9/15/08 for qualifying Fannie Mae or Freddie Mac approval on home purchases.

30-Year Fixed Jumbo - Loan Amount $800,000
Payment: $5390.00
Points: 1.00
Percent Down: 20 %
Rate: 7.125
APR: 7.671

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

FHA/VA Loan Amount $250,260.00, purchase price $258,000.00
Payment: $1503
Points: 0.625
Percent Down: 3%
Rate: 5.875
APR: 6.446

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

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