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Pound Ridge NY Mortgage Rates this week | Mortgage rates for Pound Ridge NY Real Estate buyers

Home Purchase Loan Rates for May 26, 2011*

CONFORMING LOAN LIMIT up to $417,000*

30 year fixed rate = 4.625%, 0 Points

15 year fixed rate = 3.875%, 0 Points

5/1 year ARM = 3.250% / 0 Points (Interest Only also available)

7/1 year ARM = 3.625% / 0 Points (Interest Only also available)

10/1 year ARM = 4.000% / 0 Points (Interest Only also available)

HIGH BALANCE CONFORMING LOAN LIMIT >$417,000 up to $729,750*

30 year fixed rate = 4.750% / 0 Points

15 year fixed rate = 3.875%, 0 Points

5/1 year ARM = 3.375% / 0 Points (Interest Only also available)

7/1 year ARM = 3.750 / 0 Points (Interest Only also available)

10/1 year ARM = 4.125% / 0 Points (Interest Only also available)

JUMBO Loans **

30 year fixed rate = 5.125% / 0 Points (Interest Only also available)

15 year fixed rate = 4.500%, 0 Points

5/1 year ARM = 3.500% / 0 Points (Interest Only also available)

7/1 year ARM = 3.875% / 0 Points (Interest Only also available)

10/1 year ARM = 4.250% / 0 Points

* Rates and Loan Limits subject to change at anytime without notice (Maximum High Balance Conforming Loan Amount reducing to $625,500 with FUNDINGS Beginning October 1, 2011)

**Jumbo rates reflects 0.25% discount for setting up Wells Fargo bank account with autopay of home loan payment; for loans > $2 million please contact me for rates and guidelines

Thank you Fady- Wells Fargo

Pound Ridge NY Homes

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Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.