Thursday, December 4, 2008

12/04/08 Market Update




30 year fixed rate
5% @ 1 point ( 5.132% APR )

30 year fixed FHA rate:
5.5% @ 1 point ( 5.637% APR )

Jumbo rate:
Loan Amounts up to $2,000,000, 5 or 7 year fixed 30 year amortiation. LTV's up to 80 call for more details.
5.5% @ 1 point (5.749% APR)

Wednesday, December 3, 2008

12/03/08 Market update



30 year fixed rate
5.375% @ 1 point ( 5.562% APR )
30 year fixed FHA rate:
5.875% @ 1 point ( 6.007% APR )
Jumbo rate:
Loan Amounts up to $2,000,000, 5 or 7 year fixed 30 year amortiation. LTV's up to 80%, call for more details.

5.875% @ 1 point (6.063% APR)
Today's News

FDIC's Bair: Hopeful for her mortgage plan
Encouraged that Obama will support $24.4-billion foreclosure mitigation plan

Monday, December 1, 2008



30 year fixed rate 5.375% @ 1 point ( 5.562% APR ),

30 year fixed FHA rate: 5.875% @ 1 point ( 6.007% APR ),

Jumbo rate: Loan Amounts up to $2,000,000, 5 or 7 year fixed 30 year amortiation. LTV's up to 80%, call for more details. 5.875% @ 1 point (6.063% APR)

Wednesday, November 26, 2008

Nov 26 market update


Conventional 30 year fixed rates:
5.25% (5.42%apr)

30 year fixed FHA rates:
5.5% (5.686%apr)

Low prices boost valley home sales
Foreclosure sales drive valley's third quarter

http://www.mydesert.com/article/20081120/BUSINESS04/811200325/1043/business04

Monday, November 24, 2008

Nov 24th Market update



30 year fixed rate
5.875% @ 1 point ( 6.066% APR )
30 year fixed FHA rate:
6.25% @ 1 point ( 6.447% APR )
Jumbo rate:
Loan Amounts up to $2,000,000, 5 or 7 year fixed 30 year amortiation. LTV's up to 80%, call for more details.

6.125% @ 1 point (6.193% APR)