Buyers can lock a rate upfront for six months and pay a one-half point (of the loan amount) as a nonrefundable deposit. Or lock upfront for a year and pay a 1% advanced deposit. What I see: Locally, well-qualified borrowers can get the following fixed-rate mortgages with one point: A 30-year FHA at 5.75%, a 15-year conventional at 5.375%, a 30-year conventional at 6.125%, a 15-year conventional high balance ($647,201 to $970,800) 6.5%, a 30-year high balance conventional at 6.99% and a jumbo 30-year purchase, fixed at 6.125%.