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Sample Mortgage Rates in New Mexico – March 24, 2008

Posted by Jim Kimmons, Broker/Owner • March 24, 2008 • Printer-friendly
eloan header Sample Mortgage Rates in New Mexico March 24, 2008

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.

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