Archive for February, 2011

First National’s Option 60

Share Last week, First National rolled out a 3.79% 5-year fixed offer called “Option 60.” It’s a fairly decent rate for a nationally-available full-featured mortgage that includes a:   60-day rate hold [Most competing full-featured mortgages at this rate have only a 30- or 45-day hold.]   15% lump-sum prepayment privilege 15% payment increase option [...]