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Current Mortgage Rates

Posted at 6:48 AM, Dec. 31, 2008

From time to time we will publish current Mortgage rates and information for the South Jersey area. Here are the current mortgage rates from Redwood Mortgage. Visit HouseJeanie.com for current listings in this area.

The HouseJeanie Team

 

FHA
30 Year Fixed
5.25 % + 0 pts       5.00% + 1 pts        4.75 + 2 pts           4.50%. + 3 pts

New FHA Loan Limts by county for 2009
Camden, Burlington and Gloucester Counties $ 379,500; Atlantic $316,250;
Cumberland $271,050; Cape May $414,000; Ocean $625,500; Salem $379,500
Minimum down payment is now 3.5%

Conventional
30 Year                       20 year                                          15 Year

 100% Financing Programs  
Financing for qualified properties and borrowers; Seller assist for all closing costs and repairs!
USDA RD Loans
VA
Smart Start Programs 
 
         5.25 %+ 0 pts           5.125% - 0 pts                 4.875%+ 0 pts.

 
  Investor Loans
20% down 5.25% + 2.5 pts
25% down 5.5 pts
Jumbo Financing
30 Yr fixed                                       5/1 ARM
               6.75 + 1 pts                               5.75 + 0 pts   
 
Financial services provided by dedicated mortgage professionals
Committed to exceeding all expectations   
redwood Mortgage Company
Susan Lange / Lauralee Dobbins
 (856)296-7911 / (856)979-8929
 

12-27-08

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