Market Update > Southwest11 Apr 2007 05:57 pm
Southwest Mortgage Market Weekly Brief
Fixed Rate Mortgages
Avg. Conventional 30-Year Commitment Rate – 6.16%
Fees and Points – 0.4
Avg. Conventional 15-Year Commitment Rate – 5.89%
Fees and Points – 0.5
5/1 – Year Adjustable-Rate Mortgages
First Commitment Rate – 5.93%
Fees and Points – 0.7
Margin – 2.76
1- Year Adjustable- Rate Mortgage
First Commitment Rate – 5.31%
Fees and Points – 0.5
Margin – 2.88
Source: Freddie Mac
