FW: Garth's Rates

Here are the latest interest rates, notice that they’re climbing…..

Better lock in soon if you’re not already.

Residential Mortgage Rates – May 29, 2006

Term Garth Ellis Most Banks

1 year closed 5.20 % 6.10 %

2 year 5.25 % 6.20 %

3 year 5.30 % 6.40 %

4 year 5.30 % 6.50 %

5 year 5.30 % 6.70 %

7 year 5.40 % 7.00 %

10 year 5.55 % 7.50 %

15 year 6.09 % Not available at every bank

18 year 6.19 % Not available at every bank

25 year 6.34 % Not available at every bank

Variable as low as 2.55 %

Prime 5.75 %

(Rates subject to change without notice)