Explanation of 2)
The means the rate(for super-conforming loans) will
be around 0.125% higher(generally speaking) for
30 & 15 yr fixed.
The 5/1 ARM rate will be 0.25% to 0.375% higher compared to 417k conforming loans.
The means the rate(for super-conforming loans) will
be around 0.125% higher(generally speaking) for
30 & 15 yr fixed.
The 5/1 ARM rate will be 0.25% to 0.375% higher compared to 417k conforming loans.