Compare Biloxi Mortgage Rates and Save!
Mississippi Mortgage Rates 05/17/2008
| Loan Type | Today | +/- | This week |
|---|---|---|---|
| 30 Yr Fixed | 5.66% |
|
-0.30 |
| 15 Yr Fixed | 5.42% |
|
-0.19 |
| 3/1 ARM | 3.25% |
|
-3.25 |
| 5/1 ARM | 3.38% |
|
-3.38 |
| 30 Yr Fixed Jumbo | 6.92% |
|
-0.41 |
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)
VA
Loans for Veterans up to $417,000 (APR based on $200,000)
FHA
Loan limits vary by state (APR based on $150,000)
Credit Challenged Sub Prime
Bad Credit? Turned down? (APR based on $200,000)
Reduced Documentation Loans
Often used for self employed or others in lieu of tax returns and other income documentation. (APR based on $200,000)
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