Compare Lamesa Mortgage Rates and Save!
Texas Mortgage Rates 07/04/2008
| Loan Type | Today | +/- | This week |
|---|---|---|---|
| 30 Yr Fixed | 6.21% |
|
0.01 |
| 15 Yr Fixed | 5.77% |
|
-0.05 |
| 3/1 ARM | 5.79% |
|
0.14 |
| 5/1 ARM | 5.85% |
|
0.10 |
| 30 Yr Fixed Jumbo | 6.76% |
|
-0.06 |
Rates may contain points
Lamesa Mortgage Brokers and Lenders
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)
Reduced Documentation Loans
Often used for self employed or others in lieu of tax returns and other income documentation. (APR based on $200,000)
Mortgage Calculator
Mortgage Stories
Home Equity Loans: An Historic Perspective
Home equity loans grew popular in the 1980s, as lenders let homeowners borrow as much as 100 percent of their equity... »
Mortgage Foreclosure Victims Overcharged
Bankruptcy specialists contend that some mortgage companies are overcharging borrowers, even as those homeowners face... »
Subprime Mortgage Crisis Headed Overseas
The overzealous lending practices that led to rising default rates are influencing more than just the U.S... »
Drops in Refinancing Puts Pressure on Remodeling Market
Fancy remodels are becoming a thing of the past, as homeowners and banks become more conservative with their cash. »
