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New Mexico Real Estate Mortgage Rates 5/9/2008

Posted by Jim Kimmons, Broker/Owner • June 9, 2008 • Printer-friendly
eloan header New Mexico Real Estate Mortgage Rates 5/9/2008
Best mortgage rates for June 09, 2008 in New Mexico
CONFORMING
Rate
APR
Margin
15-Year Fixed
5.750
6.176
N/A
30-Year Fixed
6.125
6.394
N/A
5/1 ARM
5.250
5.655
2.25
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
15-Year Fixed
6.375
6.626
N/A
30-Year Fixed
7.250
7.510
N/A
5/1 ARM
7.750
6.641
2.25
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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