I am not sure what is right, but it is sure that the rate is getting up…

I chose the highest rate from the quote retruned from the query.

selected 30 year fixed
http://www.amerisave.com

Loan Purpose: Purchase
Property Use: HOME
Property Type: SINGLE
State: CA
Purchase Price: $625,000.00

Combined Loans
Total Loan Amount: $500,000.00
Blended Rate: 7.217%
Blended APR: 7.217%

1st Mortgage Loan
Loan Amount: $416,250.00
Interest Rate: 7.125%
APR: 7.125%
Product: 30 Year Fixed

2nd Mortgage Loan
Loan Amount: $83,750.00
Interest Rate: 7.675%
APR: 7.675%
Product: 15 Year Balloon