Example loan rates for fixed rate purchase and refinance loans, like this 15-year fixed rate loan, are generally based on the following criteria: a borrower with good to excellent credit and average income seeking a loan for a single family, owner occupied one unit dwelling with 20% down payment (or 80% loan to value ratio for refinance), and 1.875 points. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. The rates and terms you are offered are the responsibility of the Lender and will vary based upon your loan request as determined by the Lenders to whom you are matched. There is a possibility that you may not be matched with the Lender making this example offer. This example rate was last updated on June 16, 2009.