Phone: 610-688-2986
Toll Free: 877-500-4667
Fax: 610-688-2989
Online form: Contact Us
Rate search Rate Watch. Free delivery Calculators About Us
2008-11-07
Unemployment Rate Rises to 6.5% in October



2008-10-29
Federal Reserve Lowers Fed Funds Rate by Another 1/2%

For the second time in a month, the Fed has lowered rates which in turn will prompt banks to lower their Prime lending rate to 4%.

Term Rate Apr
30 Year Fixed to $417,000
6.000% 0.000% 6.000%
30 Year Fixed over $417,000
8.125% 3.000% 8.125%
5/1 ARM Conforming
6.875% 0.000% 6.875%
15 Year Fixed to $417,000
5.875% 0.000% 5.875%
40 Year Fixed to $417,000.00
7.250% 0.000% 7.250%
5/1 ARM JUMBO
6.875% 1.000% 7.000%



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G&M Mortgage Services, Inc.
125 Strafford Avenue, Suite 105
Wayne, PA 19087
Phone: 610-688-2986
Toll Free: 877-500-4667
Fax: 610-688-2989