Source:MAILFile:MAIL5834Dated:17:09 26-08-2004Processed at:17:09 26-Aug-04

Mortgage Rates From Top Area Lenders

26-Aug-04TableStyle: FIN_MORTGAGE CCI Template: FIN_MORTGAGE

90 and 80 Percent Loans80 Percent Loans Above $333,700LenderNote typeNote rateTotal pointsAPRLoan limitNote rateTotal pointsAPRLoan limitTotal points is the fee paid to lender at time of loan closing, as a percentage of the loan balance.

Loan limit is the maximum amount the lender will loan for the minimum down payment and other terms shown.

APR is the annual percentage rate, which is an estimated annual cost of the loan to the borrower. APRs are included for comparison only. APRs for adjustable loans are calculated using the fully-indexed rate (i.e. margin plus index). When applying for a loan, federal Truth-in-Lending law requires lenders to calculate an APR specific to each loan offer.

Mortgage rates often change daily. The above rate information, collected by National Financial News Service, is based on a list of the area's most active home-purchase lenders. The rates are subject to change without notice and may be lower or higher than those of other lenders in the area.Wells Fargo Mtg.30-year fixed51/2%13/4NA$333,70055/8%21/2NA$650,00015-year fixed47/8%13/4NA$333,7005%21/2NA$650,000301-984-18801-year adjustable3%13/4NA$333,70031/4%21/2NA$650,000Bank of America30-year fixed55/8%1NA$333,70053/4%1NA$750,000Mortgage15-year fixed47/8%1NA$333,70051/4%1NA$750,000800-279-70841-year adjustable37/8%1NA$333,70041/8%1NA$750,000Prosperity Mortgage30-year fixed51/4%23/4NA$333,70051/2%27/8NA$650,00015-year fixed41/2%27/8NA$333,70047/8%25/8NA$650,000301-770-57721-year adjustable27/8%3NA$333,70031/8%27/8NA$650,000FNMC/EMS/NCM30-year fixed51/2%2NA$333,70053/4%2NA$650,000First of America15-year fixed43/4%2NA$333,70053/8%2NA$650,000AccuBanc Mtg.1-year adjustable31/4%2NA$333,70035/8%2NA$650,000First Savings Mtg.30-year fixed51/4%21/25.511$333,70051/2%21/25.745$650,00015-year fixed43/4%25.102$333,7005%21/25.409$650,000703-883-90101-year adjustable35/8%1/24.722$333,70035/8%1/24.704$1,000,000First Horizon30-year fixed53/4%1NA$333,70053/4%13/8NA$650,000Home Loans15-year fixed51/8%13/8NA$333,70051/8%13/8NA$650,000703-631-00981-year adjustable21/4%11/4NA$333,70045/8%11/8NA$650,000George Mason Mtg.30-year fixed55/8%1NA$333,70057/8%1NA$650,00015-year fixed5%1NA$333,70051/4%1NA$650,000703-934-43071-year adjustable33/4%1NA$333,70033/4%1NA$650,000Washington Mutual30-year fixed53/4%1NA$333,7006%5/8NA$650,00015-year fixed51/8%7/8NA$333,70053/8%1/2NA$650,000888-926-85361-year adjustable4%3/4NA$333,700NANANA$650,000Chevy Chase Bank/30-year fixed53/8%25.575$333,70051/2%21/45.716$750,000B.F. Saul Mtg.15-year fixed43/4%15/85.027$333,7005%25.323$750,000800-807-58801-year adjustable4%11/45.022$333,70041/8%11/45.024$750,000SunTrust Mtg.30-year fixed53/8%21/25.7$333,70053/4%15.9$650,00015-year fixed43/4%24.9$333,70051/8%15.3$650,000703-813-40001-year adjustable27/8%23/8NA$400,00027/8%23/8NA$750,000Wachovia Mortgage30-year fixed53/4%05.891$333,7006%06.127$650,00015-year fixed51/4%05.483$333,70053/8%05.583$650,000703-548-57231-year adjustableNANANA$333,700NANANA$650,000American Home30-year fixed51/4%3NA$333,70053/8%31/2NA$800,000Mortgage15-year fixed43/4%2NA$333,7005%3NA$1,000,000703-899-35551-year adjustable31/2%1NA$333,7004%1NANACTX Mtg.30-year fixed53/4%0NA$333,7006%0NA$700,00015-year fixed51/4%0NA$333,70051/2%0NA$700,000703-385-61001-year adjustable4%0NA$333,7004%0NA$700,000Intercoastal30-year fixed55/8%1NA$333,70057/8%1NA$650,000Mortgage Co.15-year fixed5%1NA$333,70051/4%1NA$650,000703-449-68001-year adjustable33/4%1NA$333,70033/4%1NA$650,000Charter One Bank30-year fixed55/8%1NA$333,70051/2%2NA$750,00015-year fixed5%1NA$333,70047/8%2NA$750,000301-984-63001-year adjustable31/8%2NA$333,70031/4%2NA$750,000Navy Federal30-year fixed55/8%3/45.694$333,70055/8%3/45.694$650,000Credit Union15-year fixed47/8%7/85.008$333,70047/8%7/8NA$650,000703-255-73001-year adjustable31/2%3/45.85$333,70033/4%3/4NA$650,000Fidelity & Trust30-year fixed51/2%2NA$333,70055/8%2NA$650,000Mortgage15-year fixed43/4%23/8NA$333,7005%2NA$650,000301-907-80301-year adjustable31/8%21/4NA$333,70035/8%11/2NA$650,000HSBC Mortgage Corp.30-year fixed47/8%43/85.335$333,70051/4%37/85.625$650,000USA15-year fixed41/4%33/84.874$333,70041/2%45/85.248$650,000800-537-87051-year adjustableNANANA$333,700NANANA$650,000Guaranty Resident'l30-year fixed51/2%25.706$333,70055/8%25.821$650,000Lending15-year fixed47/8%25.218$333,7005%25.325$650,000866-590-53631-year adjustable27/8%24.093$333,7003%24.125$1,000,000Sandy Spring30-year fixed57/8%05.913$333,7006%06.03$650,000Bank15-year fixed53/8%05.395$333,70051/2%05.72$650,000800-869-85231-year adjustable33/4%14.757$333,7004%14.766$650,000Number of lenders listed: 26; Need to trim: 6