Rate quotes assume a ...10/1 ARM 6.250%. 3/1 ARM 5.500%. 5/1 ARM 5.625%. 7/1 ARM 6.125%. 30 Yr Fixed 6.250%. Loan amounts up to $417000:. Long Beach Mortgage rates for August 1, 2008. All rates offered to the borrower with 1 point cost. Looking for a home mortgage usually involves you, your money, and a bank officer or a mortgage broker. So what's the big deal? You ask. The end result is the same - you get a mortgage; you get a new house. But these two job types are different and it is important that you at least understand that difference.
