Pete’s Monday Interest Rate Update–courtesy of the nice folks at Indy Mac Bank!
May 5th, 2008 . by Mike Kelly
Up to $417,000 30 yr fixed 5.75% At 1 pt cost
7/1 program 5.5% at1 pt FHA up to $362,790 6% at 1 pt $417,000 to $662,500 30 yr fixed 6.25% at 1 pt
$662,500 to $1,000,000 30 yr fixed 6.875 % at 1 pt
Pete Phillippe your lending advisor, at 707-535-1263 and cell at 707-481-2737



I read the LA times
It sounds like Indy Mac may be having financial problems. Is it true?
thank you