The following interest rates, effective from Cherry Creek Mortgage on Wednesday August 17, 2011, were presented at the Kentwood Company sales meeting.
Rate Points
30 Yr. Fixed 4.125% 1.0%
15 Yr Fixed 3.25% 1.0%
5-Yr ARM 3.0% 1.0%
30 Yr. Fixed Jumbo 4.75% 1.0%
5-Yr ARM Jumbo 3.375% 1.0%
FHA 30 Yr Fixed 4.125% 0%
FHA 5/1 ARM 3.125% 1%
Investment Property
30 Yr. Fixed 4.5% 0%
5-Yr ARM 3.875% 1.0%