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Missouri Mortgage Rates 10/11/2008

Loan Type Today +/- This week
30 Yr Fixed 5.88% -0.38
15 Yr Fixed 5.68% 0.10
5/1 ARM 6.30% 6.30
30 Yr Fixed Jumbo 7.09% 0.93
5/1 ARM Jumbo 6.29% 6.29

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)

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