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Republic of Texas Realtors
8500 Shoal Creek Blvd, Bldg 4 Ste 100
Austin, TX 78757
Office: 512-338-0404
Fax: 512-276-8794
Email: info@homes-in-austin.com

Helpful Info > Current Mortgage Rates    
LOAN PROGRAM TYPESLOAN PROGRAM DEFINITIONS
30, 20 and 15 Year
Conforming Fixed Rate
Fixed For 30, 20 or 15 Years
For Life Of Loan
7-23 and 5-25
Conforming Extendable Balloon
Fixed For 7 or 5 Years; Then Option To Refinance For Remaining 23 or 25 Years
10/1, 7/1, 5/1 and 3/1 Conforming ARM Fixed For 10, 7, 5 or 3 Years; Then Converts To 1 Year Treasury Bill ARM
1 Year Conforming Treasury Bill ARM Fixed For 1 Year; Then Adjusts Annually
6 Month Conforming LIBOR ARM Fixed For 6 Months;
Then Adjusts Every 6 Months
30 and 15 Year Jumbo Fixed Rate Fixed For 30 or 15 Years
For Life Of Loan
10/1, 7/1, 5/1 and 3/1 Jumbo ARM Fixed For 10, 7, 5 or 3 Years; Then Converts To 1 Year Treasury Bill ARM
1 Year Jumbo Treasury Bill ARM Fixed For 1 Year; Then Adjusts Annually


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