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Portland, Oregon July 24, 2008
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MORTGAGES: NEWS & ADVICE

To compare local rates enter ZIP code:
NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
30 yr fixed mtg 6.51% 6.22%
15 yr fixed mtg 6.04% 5.72%
5/1 ARM 5.97% 5.63%
30 yr fixed jumbo mtg 7.49% 7.21%
5/1 jumbo ARM 6.35% 6.26%
Rates may include points
To compare local rates enter ZIP code:
NATIONAL OVERNIGHT AVERAGESTODAY+/-LAST WEEK
30 yr fixed mtg refi 6.53% 6.24%
15 yr fixed mtg refi 6.05% 5.70%
5/1 ARM refi 5.94% 5.66%
30 yr jumbo fixed mtg refi 7.64% 7.34%
5/1 jumbo ARM refi 6.16% 6.17%
Rates may include points

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MORTGAGE NEWS
The government's new rules ban stated-income loans and aim to stem the red tide of bad subprime mortgage loans. Plagued by a tight credit market and foreclosures, lenders are wary. Here's how to get your loan painlessly. Remember down payments? They're back in vogue with home lenders. Here's how to come up with the cash. As mortgage lending standards get tighter, the once-overlooked Veterans Affairs loan is making a comeback.
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* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

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