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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (68677)	8/23/2006 3:26:04 PM
From: Elroy Jetson	Read Replies (3) \| Respond to of 110194

Today's mortgage rates might be a lot higher, as I'm not that familiar with current rates. I was just taking the rate posted on Bankrate.com. bankrate.com Mortgage Overnight Averages: 30 yr fixed 5.97% 15 yr fixed 5.71% 5/1 ARM 5.75% 30 yr fixed jumbo 6.25% 5/1 jumbo ARM 5.89% I realize upon reflection, that the theoretical $500k mortgage would be a jumbo, so the rate on a 5/1 ARM would be 5.89% according to Bankrate rather than 5.75%. .