Arizona Mortgage Pro - Mortgage Rates
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John Moran
Arizona Mortgage Pro
Rates for mortgages in Arizona.
Here are today's mortgage rates. Please keep in mind that these are just a sample of the products we offer at RateChase Mortgage. No need to worry if your situation is unique, just fill out an info request form or a loan application and we will discuss your options. Here are just a few of the other products you may benefit from:
- 30, 25, 20, 15, and 10 year fixed loans
- Long and short term ARMs
- Stated or no income/asset documentation
- Cash flow ARMs starting at 1.25%
- Bruised/broken credit programs available
- Interest only options available on nearly all loans, including fixed rate
Conventional Loans ($75,000 up to $417,000)
| Program | Rate | Points | APR |
|---|---|---|---|
| 30 Year Fixed | 5.500% | 1.00 | 5.64 |
| 30 Year Fixed - 0 Points | 5.750% | 0.00 | 5.79 |
| 30 Year Fixed - Interest Only | 6.000% | 0.00 | 6.04 |
| 30 Year Fixed - No Cost | 6.250% | 0.00 | 6.25 |
| 15 Year Fixed | 5.250% | 1.00 | 5.36 |
| 15 Year Fixed - 0 Points | 5.500% | 0.00 | 5.54 |
| 3/1 ARM | 5.375% | 1.00 | 5.42 |
| 5/1 ARM | 5.500% | 1.00 | 5.64 |
| 5/1 ARM - Interest Only | 5.625% | 1.00 | 5.76 |
Jumbo Loans ($417,001 up to $1,000,000+)
| Program | Rate | Points | APR |
|---|---|---|---|
| 30 Year Fixed | 7.875% | 1.00 | 8.02 |
| 30 Year Fixed - 0 Points | NA% | NA | NA |
| 30 Year Fixed - Interest Only | 8.250% | 1.00 | 8.38 |
| 30 Year Fixed - No Cost | NA% | NA | NA |
| 15 Year Fixed | 7.375% | 1.00 | 7.51 |
| 15 Year Fixed - 0 Points | NA% | NA | NA |
| 3/1 ARM - Interest Only | 8.375% | 1.00 | 8.51 |
| 5/1 ARM | 6.000% | 0.00 | 6.04 |
| 5/1 ARM - Interest Only | 6.125% | 0.00 | 6.16 |
Rates as of 05/09/2008 and subject to change.
Conventional quotes based on a loan amount of $250,000. Jumbo quotes
based on a loan amount $500,000. Assumptions used in quote are a middle credit score of 680, primary residence, 20% down purchase, and fully documented income.
If you have a unique situation or different circumstances than
those listed above, please call or contact
me now to get a quick and easy mortgage quote custom-made for you.
John Moran
RateChase Mortgage
6615 E Kelton Ln
Scottsdale, Arizona 85254
Ph: 602-476-7323
jmoran@azmortgagepro.com
MB #0909063
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