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Rates
At-a-Glance
3/5/10
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MBA Weekly Averages
| 30-Year Fixed 5.01
15-Year Fixed 4.32
5-Year ARM 4.05
Rates may include points
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RATEWATCH
MORTGAGE
BANKERS ASSOC
Weekly Rate Survey Mar 5th 2010 MBA weekly survey of
interest rates shows the
average contract rate on
30-year fixed-rate mort-
gages increased to 5.01
percent from 4.95 per-
cent one week earlier on
80 percent LTV loans.
Average contract rate
for a 15-year fixed-rate
mortgage increased to
4.32 percent from 4.27
percent one week before
for 80 percent LTV loans.
Average contract rate
for five-year ARMs
decreased to 4.05 per-
cent from 4.11 percent
one week earlier for 80
percent LTV adjustable
rate loans. _________
RATEWATCH
_________
Keep an eye on interest rates with our weekly updates. We can almost always do better than MBA averages shown.
You may also determine how much home you can afford using our easy-to-use home-finance calculator: |
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 Mortgage Rate
'Lock' or 'Float'
________
Locking the rate means
that the lender commits
to the mortgage loan
interest rate, typically
at time the application
is submitted. This may
be for a short period
prior to closing or for an
an even longer period of
up to 60-days or more.
By choosing to 'float the
rate" you can lock the
interest rate anytime
between loan application
date and day of closing.
Buyers may opt to float
the loan when they
believe that interest
rates will drop after
their loan application
date, prior to closing.
The risk, of course, is
rather than dropping,
interest rates may rise,
thereby increasing the
mortgage re-payments.
________
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The PALM BEACHES  South Florida Mortgage™
South Florida Home-Sales and Residential Mortgage Services
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| Mortgage Rates Still Near All Time Lows! 
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The PALM BEACHESSouth Florida Mortgage™
____________________ 30-YEAR
FIXED RATE
$150,000 Loan
for $800.65 per month! 
____________________ South FloridaBUYERSIDE Realty™ |
The PALM BEACHESSouth Florida Mortgage™
____________________ 15-YEAR
FIXED RATE
$150,000 Loan
for $1,129,00 per month!
____________________ South FloridaBUYERSIDE Realty™ |
The PALM BEACHESSouth Florida Mortgage™
____________________ 5-YEAR
FIXED-RATE
Low Payment!
Security of Fixed-Rate
with Low Monthly Payments!
____________________
South FloridaBUYERSIDE Realty™ |
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