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To: T.R. who wrote (68627)10/1/1998 4:12:00 PM
From: GRANOLA  Read Replies (2) | Respond to of 176387
 
<O.T.> T.R. - thanks for pointing that out...the 6 5/8 5/1 ARM rate is based on JUMBO loan...is that what you are talking about too? My broker has been a bit high lately but this is a NO COST loan, not just no points, but absolutely NO COST out of pocket...please let me know if the austin rates are better than this and I will check it out with some other local banks. I am in San Fran so the rates may be higher (like everything else!). Thanks, GR