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Atlanta Mortgage Rates - June 13

06/13/08 | Jim Greenie | Category: Atlanta Real Estate, Mortgages

Mortgage rates are inching upward due to inflation.

This is not the type of market to sit around thinking about refinancing, or floating your mortgage rate. Here’s a short recap of how much rates have gone up for the conforming 30-year fixed :

Conforming APR

Payment

per $1000

 Jumbo APR

Payment

per $1000
30-Year Fixed 6.25% 6.391% $6.16 7.375% 7.476% $6.91
15-Year Fixed 5.875% 6.107% $8.37 7.125% 7.286% $9.06
5-Year Fixed ARM 5.75% 5.887% $5.84 6.125% 6.219% $6.08
5-Year Interest Only 5.875% 6.013% $4.90 6.25% 6.344% $5.21

As always, this is not a guarantee nor is it a commitment of interest rate.

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