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February 05, 2004

Mortgage Interest Rates

Please contact Anthony Pipitone
for further information
p 312-492-3239
e-mail apipitone@rlca.com

Mortgage Rates for February 5th, 2004

RLCA
The Right Loan, Always


Conventional

3/1 ARM Conventional
Rate Lock Term Rate APR
30-60 Day Lock 3.88% 4.01%

5/1 ARM Conventional
Rate Lock Term Rate APR
30-60 Day Lock 4.38% 4.52%

7/1 ARM Conventional
Rate Lock Term Rate APR
30-60 Day Lock 5.00% 5.02%

15 Year Fixed Conventional
Rate Lock Term Rate APR
30-60 Day Lock 5.13% 5.38%

30 Year Fixed Conventional
Rate Lock Term Rate APR
30-60 Day Lock 5.75% 5.91%

15 Year Fixed FHA
Rate Lock Term Rate APR
30-60 Day Lock 5.25% 5.40%

30 Year Fixed FHA
Rate Lock Term Rate APR
30-60 Day Lock 5.75% 5.89%


Jumbo

3/1 ARM Jumbo
Rate Lock Term Rate APR
30-60 Day Lock 4.13% 4.25%

5/1 ARM Jumbo
Rate Lock Term Rate APR
30-60 Day Lock 4.63% 4.76%

7/1 ARM Jumbo
Rate Lock Term Rate APR
30-60 Day Lock 5.25% 5.39%

15 Year Fixed Jumbo
Rate Lock Term Rate APR
30-60 Day Lock 5.50% 5.73%

30 Year Fixed Jumbo
Rate Lock Term Rate APR
30-60 Day Lock 6.00% 6.14%

-PMI is Private Mortgage Insurance and is usually required on loans with a down payment less than 20%
-You can avoid PMI with a first and a second mortgage.
-All rates are subject to market conditions and may change at any time without notice.
-Final approval subject to credit history, employment history, & Income.

Ask about our:
 No Income verification loans
 $0 Down Loans
 No Application fee
 Free Financial Health analysis
 Free pre-qualification letter

2350 E. Devon Ave. Suite 310 Des Plaines, IL 60018
ph. 847-768-2725 f. 847/954-1219


Equal Housing Lender. Illinois Residential Mortgage Licensee.

Posted by at February 5, 2004 02:08 PM

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