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Current Rates



Rate Update

Since interest rates are dynamic and follow the moment-by-moment activity of the bond market, we are currently publishing our rates weekly. This will give you a snapshot of how low our rates truly are. While you are shopping around for the best mortgage, don't forget that a low interest rate is only one indicator of an exceptional mortgage product; look at the fees that are charged for each rate (compare Annual Percentage Rates, APR), and please never underestimate the value of client service: promising the world and delivering anything short of that is unacceptable.

 

At Paradigm, we strive to under-promise and over-deliver.

 


 

Interest Rates as of July 14, 2004

Rate quotes include loan origination fee, if any

Fixed Rates:

Rate

Points

APR*

FHA/VA#1

6.000%

0.000%

6.355%

FHA/VA#2

5.750%

1.000%

6.012%

Conventional

5.750%

1.000%

6.002%

Conventional

5.500%

1.500%

5.775%

PERS

5.875%

1.000%

6.037%

30 Due in 5

CALL FOR RATES

30 Due in 7

CALL FOR RATES

Jumbo

5.875%

1.000%

6.201%

 

Adjustable Rates:

Rate

Margin

Points

APR*

Caps

1 Year Treasury Bill

3.500%

2.750%

1.000%

4.141%

2%/YR - 6%/Life

6 Month LIBOR

CALL FOR RATES

and Many More....Please contact us for other rates not listed!

*Based upon a loan amount of $100,000 with a term of 30 years

Questions/Comments - E-mail Paradigm: steve@paradigmmortgage.com

 


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