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Mortgage Rates Report – July 10, 2008

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Mortgage rates for July 10, 2008.  Loan amounts up to $417,000:

(Be sure to watch the video commentary, directly below)

3/1 ARM              5.125%

5/1 ARM              5.375%

7/1 ARM              5.625%

10/1 ARM            6.000%

30 Yr Fixed          6.125%

All rates offered to the borrower with 1 point cost.  Rate quotes assume a purchase transaction with a 20% down payment, 720 credit score, and full income qualification.  Rates are subject to fluctuation.  Custom rate quotes and rate lock advice are available by calling at the number below..

MORTGAGE RATE TREND:

Next 7 days:        Lower

Next 30 days:      Slightly Lower
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This information provided by:

Brian Brady, Mortgage Planner
World Wide Credit Corp.
Phone:
(858) 503-2318 Fax: (858)-605-4230

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