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Louisiana Mortgage Rates 05/17/2008

Loan Type Today +/- This week
30 Yr Fixed 5.68% -0.08
15 Yr Fixed 5.36% -0.14
3/1 ARM 2.77% -2.37
5/1 ARM 2.56% -2.56
30 Yr Fixed Jumbo 6.42% -0.00

Rates may contain points

Conforming

For loan amounts up to $417,000 (APR based on $400,000)

Jumbo

For loan amounts over $417,000 (APR based on $500,000)

Interest Only (Conforming)

Interest only for first few years then adjustable for remaining term on loan amounts up to $417,000 (APR based on $400,000)

Interest Only (Non-Conforming)

Interest only for first few years then adjustable for remaining term on loan amounts over $417,000 (APR based on $500,000)

FHA

Loan limits vary by state (APR based on $150,000)

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