Follows are the current mortgage rates for your review.  Should you have questions or require our best value picks for the Truckee, Lake Tahoe area, you may call us at 800-660-0906.  We’re here to be of service to you!

                                       Don Schaller – broker/ owner – Dickson Realty, Truckee.

Larger Loan Amounts in Eligible Areas. In federally designated metropolitan areas, qualified customers may be able to borrow up to $625,500 on conforming1 or FHA loans without paying the typical higher interest rates on jumbo loan amounts. Contact a local home mortgage specialist to determine your eligibility for a larger loan amount.

as of 12/29/2008 02:01 PM Eastern

Product

Interest Rate

APR

Conforming1 Loans

40-Year Fixed

7.250%

7.462%

30-Year Fixed

5.125%

5.340%

20-Year Fixed

5.625%

5.922%

15-Year Fixed

5.000%

5.368%

5-Year ARM

6.625%

5.458%

Jumbo Loans – Amounts that exceed conforming loan limits1

30-Year Fixed

8.125%

8.292%

15-Year Fixed

7.375%

7.631%

10-Year ARM

8.000%

6.999%

5-Year ARM

6.250%

5.228%

FHA – loan limits vary by county.

30-Year Fixed

5.500%

6.170%