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 for the Week of September 8, 2008

(Whatcom County limit $417,000)

30 Year Fixed Loan Amount $250,000
Payment: $1479.00 including private mortgage insurance
Points: 1.25
Percent Down: 20 %
Rate: 5.875
APR: 6.024

15-Year Fixed - Loan Amount $250,000
Payment: $2043.00
Points: 1.00
Percent Down: 20 %
Rate: 5.50
APR: 5.708
These rates are available 9/08/08 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: $1523.00
Points: 0.125
Percent Down: 3%
Rate: 6.00
APR: 6.555

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