Mortgage Rates for Sep 18, 2007

The Fed is having FOMC meeting today and tomorrow.
It is expected that Fed will cut 0.25% at this meeting.
But it will not affcet the mortgage Rate.

All the rates are for no points no fees:

Conforming(<=417k)
30 yr fixed           5.875%
15 yr fixed           6.000%
5/1 ARM             5.875%
3/1 ARM             5.875%

Jumbo(>417k)
15 yr fixed           6.625%
7/1 ARM             6.625%
5/1 ARM             6.250%
3/1 ARM             6.250%

Call Eric Fang 650-483-9278
or email [e-mail]
for other program or rates.