Bancgroup Mortgage Logo   David A. Pellegrino, Mortgage Consultant for Bancgroup Mortgage Corporation
Today's Mortgage Rates for a loan of $200,000:
  4.75% 30-Year Fixed Rate Conforming Mortgage 4.855% APR
  5.25% 30-Year Fixed Rate FHA Mortgage 5.403% APR
  4.625% 15-Year Fixed Rate Conforming Mortgage 4.803% APR
Indices: LIBOR -- 2.09%  Treasuries -- 0.40%  Prime Rate -- 3.25%
Updated on Tuesday, January 06, 2009 12:44:57 PM -- Assumptions

FHA Loan
A low down payment loan insured by the Federal Housing Administration under the Department of Housing and Urban Development or HUD.  FHA does not provide mortgage loans, FHA provides mortgage insurance for the lending institution in case the borrower defaults.  The mortgage loan is funded by a lending institution, such as a mortgage company, bank, savings and loan association and is then insured by FHA.
Allowable FHA loan sizes are determined by geographical location.  To see what the allowable loan limits are in your area please click here.
   
   
   
   
   
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BancGROUPTM Mortgage Corporation is an Equal Housing Lender and California, Colorado (MB100017881), Illinois, Indiana, Wisconsin and Florida Residential Mortgage Licensee

1745 Shea Center Drive, Suite 130 Highlands Ranch, CO 80129-1537 -- Office: 303.542.1103 Fax: 303.542.1200

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