Current Interest Rates
August 26, 2008

Conventional Loans Rates a.p.r. Government Loans Rates a.p.r.
30 Year Fixed
15 Year Fixed
100% LTV
3 year ARM
5 year ARM
6.5%
6.125%
6.75%
5.875%
6.125%
6.790%
6.487%
7.134%
6.365%
6.495%
Fed VA (30 year fixed rate)
State VA
WHEDA
WHEDA 100% (discontinued)
USDA - Rural Development
6.75%
5.75%6.25%
--------
7.0%
6.738%
6.224%
6.670%
----------
7.287%

MARKET COMMENTARY
Ten-year Treasuries were little changed with yields near the lowest level in more than three months as stock market losses in Europe buoyed demand for the safest assets. U.S. notes advanced earlier after a report showed business confidence in Germany slumped to the weakest in more than three years. The MSCI World stock index fell to a two-year low as credit-related losses threaten profit growth, while the cost of protecting European bank debt from default increased.
The yield on the two-year note was little changed at 2.32 percent at 7:20 a.m. in New York, according to bond broker BGCantor Market Data. The 2.75 percent note due in July 2010 was at 100 25/32. The 10-year note yielded 3.79 percent after falling to 3.77 percent today, and was within 1 basis point of the lowest since May 13.
Yields should still rise this quarter as investors bet the next interest-rate move by the Federal Reserve will be higher, said Green, who expects the two-year note will yield 2.65 percent by the end of September. Yields move inversely to bond prices.
Ten-year yields have fallen almost half a percentage point since the middle of June as forecasts for slowing economic growth spurred demand for the relative safety of government debt. The MSCI Asia Pacific Index of regional shares fell 1.1 percent, approaching a two-year low, while the Dow Jones Stoxx 600 Index, a benchmark for the nations that share the euro, dropped 0.8 percent.
 

Alternative Mortgage Products

Minimum Credit Score

 Rates

95% LTV Stated Income
90% LTV on non-owner occupied (Stated Income and Asset)
No Income No Asset, No Employment to 90% LTV
No Income Verification ARM, 100% LTV
Jumbo Financing to $2,500,000
A-Financing to 900% LTV
Sub-prime loans
Manufactured Housing to 90% LTV
90% ITIN (No Social Security Number)

720
740
720
620
550
620
>500
660
None




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Rates are subject to change without notice and they are not an offering for an extension of credit.
All rates are provided based on a purchase transaction with a $200,000 loan amount with routine closing costs for the State of WI
Absolute Financial Lending Services, LLC is an Equal Opportunity Lender.