As of August 2nd Total Mortgage has some of the best mortgage rates in the country. Regardless of whether you are looking for a fixed rate mortgage or an adjustable rate mortgage (ARM) Total Mortgage will provide some of the most competitive mortgage rates available.
A 30 year fixed conventional mortgage is currently available at Total Mortgage with a 4.125 percent mortgage rate and a 4.323 percent APR. Other 30 year home loans include 30 year FHA and 30 year jumbo mortgages.
A 30 year fixed FHA mortgage currently has a 4.000 percent mortgage rate and a 5.178 percent APR. A 30 year fixed jumbo mortgage is available at Total Mortgage with a mortgage rate of 5.000 percent and an APR of 5.203 percent.
In addition to fixed rate mortgages, Total Mortgage also offers a variety of adjustable rate mortgages (ARM). Some of the most popular ARM’s are 5/1 conforming and 5/1 jumbo ARM’s. A 5/1 conforming ARM is available with a 3.000 percent mortgage rate and a 3.481 percent APR. A 5/1 jumbo ARM has a slightly higher mortgage rate of 3.625 percent and a 3.657 percent APR.
Mortgage rates change daily and often multiple times throughout the day. All mortgage rates were quoted at 10:15 a.m. on August 2, 2010.
| Mortgage Product | Mortgage Rates | APR |
|---|---|---|
| 30 Year Fixed Conventional | 4.125% | 4.323% |
| 30 Year Fixed FHA | 4.000% | 5.178% |
| 30 Year Fixed Jumbo | 5.000% | 5.203% |
| 5/1 Conforming ARM | 3.000% | 3.481% |
| 5/1 Jumbo ARM | 3.625% | 3.657% |
For a complete list of Total Mortgage’s current mortgage rates and mortgages products call 877-868-2503 immediately, to speak with a licensed mortgage professional.
*All rates shown are for 30 day rate locks. Longer locks available. The APR for conventional loan amounts is calculated using a loan amount of $417,000, 2 points, a $495 application fee, $500 loan processing fee, $715 underwriting fee and a $16 flood certification fee. The APR for jumbo loan amounts is calculated using a loan amount of $500,000, two points, a $495 application fee, $500 loan processing fee, $715 underwriting fee and a $16 flood certification fee. The APR for FHA loan amounts is calculated using a loan amount of $295,000, two points, a $495 application fee, $500 loan processing fee, $715 underwriting fee and a $16 flood certification fee. Some rates and fees may vary by state. All interest rates listed are for qualified applicants and are subject to mortgage approval. All rates are subject to change without notice.
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