RATES FOR: September 8, 2008

Conforming Loan Amounts Not Exceeding $417,000 – 60 Day Locks

30 Year Fixed Rate 5.875% -0- Points APR 5.919%
10% down w/PMI 5.875 -0- Points APR 6.304%

FHA 30 Year Fixed 6.125% -0- Points APR 6.697%

15 Year Fixed Rate 5.625% -0- Points APR 5.698%

5/1 ARM 5.875% -0- Points APR 5.611%

Non-Conforming Loan Amount Exceeding $417,000 – 60 Day Locks

30 Year Fixed Rate 8.375% -0- Points APR 8.409%

15 Year Fixed Rate 7.625% -0- Points APR 7.676%

5/1 ARM (20% down) 6.50 % -0- Points APR 5.921%

If the down payment is less than 20%, mortgage insurance may be needed on the loan. This could increase the monthly payment and the APR. Conforming – for loan amounts not exceeding $417,000 ($625,500 in AK and HI ) Jumbo – for loan amounts exceeding $417,000 ($625,500 in AK and HI) adjustment to your new mortgage rate on these ARMS will be the average weekly yield on LIBOR securities adjusted to constant maturity of one year, plus a margin of 2.25% subject to annual and lifetime adjustment caps. These rates also assume a 721 FICO score or higher.

For more information about Metropolitan Place, please contact Christine Hancock or Tim Duquette at 312-296-9300 or chancock@rubloff.com.