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Texas Mortgage Rates 08/08/2008

Loan Type Today +/- This week
30 Yr Fixed 6.43% 0.16
15 Yr Fixed 6.06% 0.13
3/1 ARM 5.89% 0.02
5/1 ARM 5.89% 0.01
5/1 ARM Jumbo 7.87% 0.94

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)

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