Today's Rates: January 13, 2009

40 YEAR FIXED (CONFORMING LOAN RATE)

INTEREST RATE: 7.25%

APR: 7.462%

MONTHLY PAYMENT: $927.53

PAYMENT TERM: 40 YEARS

LOAN AMOUNT: $145,000

PREPAID FINANCE CHARGES: $2,000

DOWN PAYMENT: 20%

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30 YEAR FIXED (CONFORMING LOAN RATE)

INTEREST RATE: 4.875%

APR: 5.086%

MONTHLY PAYMENT: $767.36

PAYMENT TERM: 30 YEARS

LOAN AMOUNT: $145,000

PREPAID FINANCE CHARGES: $2,000

DOWN PAYMENT: 20%

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20 YEAR FIXED (CONFORMING LOAN RATE)

INTEREST RATE: 5.125%

APR: 5.416%

MONTHLY PAYMENT: $966.98

PAYMENT TERM: 20 YEARS

LOAN AMOUNT: $145,000

PREPAID FINANCE CHARGES: $2,000

DOWN PAYMENT: 20%

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15 YEAR FIXED (CONFORMING LOAN RATE)

INTEREST RATE: 4.75%

APR: 5.115%

MONTHLY PAYMENT: $1,127.86

PAYMENT TERM: 15 YEARS

LOAN AMOUNT: $145,000

PREPAID FINANCE CHARGES: $2,000

DOWN PAYMENT: 20%

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30 YEAR FIXED (FHA)

INTEREST RATE: 5.0%

APR: 5.645%

MONTHLY PAYMENT: $893.53

PAYMENT TERM: 30 YEARS

LOAN AMOUNT: $151,000

PREPAID FINANCE CHARGES: $1,700

DOWN PAYMENT: 3.5%