Residential Mortgage Rates for May 11, 2009 from our Friends at Bank of Jackson Hole

30 Year Fixed
Conforming (loans to $417,000)-4.625%
Jumbo (loans over $417,000) - 7.875%

15 Year Fixed
Conforming (loans to $417,000) - 4.375%
Jumbo (loans over $417,000) - 6.875%

10/1 ARM
Conforming (loans to $417,000) - 4.875%
Jumbo (loans over $417,000) - 7.875%

7/1 ARM
Conforming (loans to $417,000) - 4.375%
Jumbo (loans over $417,000)- 5.000%

5/1 ARM
Conforming (loans to $417,000) - 3.750%
Jumbo (loans over $417,000)- 4.750%

3/1 ARM
Conforming (loans to $417,000)-5.000%
Jumbo (loans over $417,000) - 6.625%

30 Year Fixed Rate FHA Loans to $693,750: 4.875%
Prime Rate: 3.250%
One Year Libor Rate: 1.781%