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

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)

11/19/08 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)
Niches:

Yesterday I went to the National Association of Mortgage Brokers Western Conference I found some great programs here is just some of them:

1. Awesome Conventional Pricing
2. Awesome Government Pricing
3. FHA, VA, PERS, STERS,
4. Access Program; an FHA loan with 0% down!! That is right Down Payment Assistance is back!!!
5. Incredible pricing on jumbo's to 2 million
6. Cash out refinancing with one day off the mls
7. Extremely lenient FHA underwriting. Worried about credit issues? I can help get around them
8. 75% Canadian loans
9. Stated loans to 70%LTV
10. Loan Modifications for those who are trying to save there home
11. Credit repair; if you need help with your credit I found a great company that can help!!!!!
12. HELOC's need an equity line? I can help.
Today's News


U.S. home builders reduced their starts of new homes by 4.5% in October, driving new construction to the lowest level since just after World War II, the Commerce Department estimated Wednesday.

click here for the full story

11/17/08 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)

Down Payment Assistance is Back!!!!!

That's right Access program is back!!! It is a second at 8% or 2% above the first note rate. The second can be used to cover the down payment and/or closing costs. Up to 105% CLTV. Call for more details.

Today's News


Fannie Mae said Monday it plans to reopen its three-year and five-year notes, selling $1 billion of each maturity. Fannie Mae currently has $4 billion in five-year notes and $3.5 billion in three-year notes outstanding. Both issues are slated to price Monday for settlement Wednesday.



I appreciate your business. Please don't keep me a secret. I feed my family off of the referrals I receive from you. I look forward to serving you and the ones you love for years to come

Other Services

If you are looking for other proffessional services, please check out the commits below. If you have a business and would like to promote it leave a commit below. I like to support other proffessionals I meet in the comunity.