Sample Mortgage Rates in New Mexico - March 24, 2008

Posted by Jim Kimmons, Broker/Owner on March 24th, 2008 No Comments Printer-Friendly Author's website: Jim Kimmons, Broker/Owner

Best mortgage rates for March 24, 2008 in New Mexico

CONFORMING

Rate

APR

Margin

15-Year Fixed

5.250

5.639

N/A

30-Year Fixed

5.625

5.895

N/A

5/1 ARM

6.250

5.196

2.75

Conforming rates based on a $200,000 loan amount with a property value of $300,000.Single family residence located in New Mexico to be used as a primary home. Assumes the borrower will document income and pay points less than 2%. Interest rates shown are subject to change without notice and assume excellent credit.

Click here to see the latest rates.

JUMBO

Rate

APR

Margin

30-Year Fixed

7.875

8.136

N/A

5/1 ARM

7.375

5.615

2.75

Jumbo rates based on a $520,000 loan amount with a property value of $650,000. Single family residence located in New Mexico to be used as a primary home. Assumes the borrower will document income and pay points less than 2%. Interest rates shown are subject to change without notice and assume excellent credit.

Click here to see the latest rates.

Payment Calculator:
Figure out your payment for different loan amounts, interest rates, and amortization terms.

Related Articles


Subscribe and get all of our posts automatically. Click for monthly email newsletter

or click for RSS news feed of every post. Thanks!

All posts protected by Electronic Serial Number (ESN) for copyright.

Unless quoted from others, or attributed to others, the content of this site is my “personal opinion.” Do not use my information to make investment, purchase or other decisions without consulting experts of your choice. None of my opinion information is intended to in any way give legal advice. Consult an attorney for all legal questions.

Comments and discussion are encouraged on this site. Comments are the property and responsibility of the commenter, not the site. I do not need to agree with a comment to leave it as posted, though comments that might be construed to be libelous may be removed.

numly 9931008032491024069

Tagged as: , ,


Recent Archives
Recent Comments
Blog Roll