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 Today's Mortgage Rates from Gershman Mortgage
By: Darin "Sid" Cameron, CRS
Tue, Sep 25th, 2007 9:50 am

Just received today's mortgage rates from Bill Nass, Vice President of Gershman Mortgage.

Bill also suggested if you're considering a jumbo mortgage (i.e. a higher end home) that you should talk to him sooner rather than later because of all the uncertainty in the market and rising interest rates for Jumbo Loans over the past 30 days.  They also have a program that allows you to restructure a jumbo loan into a conforming loan (up to $417,000) that has a lower interest rate, and a 2nd mortgage at a similar rate. Contact Kimberly or myself and we can get you Bill's phone number and email.

Today's Rates:

•     30 Year Fixed 6.25%

•     15 Year Fixed 5.875%

•     30 Year Fixed Jumbo 6.875%

•     Interest Only 30 Year Fixed Jumbo 7.00%

•     Interest Only 5/1 ARM Jumbo 6.375%

•     30 Year Fixed FHA/VA 6.25%

 

For Self Employed Stated Income & Assets

•     Interest Only 30 Year Fixed SISA 6.625%

•     Interest Only 5/1 ARM SISA 6.375%

•     Interest Only 30 Year Fixed SISA Jumbo 7.125%

•     Interest Only 5/1 ARM SISA Jumbo 6.875%

Rates posted 09/24/07 and are subject to change without notice.

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Darin "Sid" Cameron spent 15 years working in the technology industry which in 1998 relocated him to St. Louis. In 2004 he took over web development tasks for Kimberly's real estate team and later became the full-time Marketing and Operations Director in 2005. In 2011 Sid launched two brokerages, The Realty Store, Inc. and Realty Referral Partners, Inc, while continuing to perform marketing and operations for Kimberly's team. Sid holds a real estate broker's license in Missouri, CRS certification and was the first CyberStar in the St. Louis area.
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