Ar_home_b_search
 



interest rates: Current Mortgage Rates 8/19/2011 - 08/20/11 09:50 AM
RATE SHEET for 08/19/2011
CONV. FIXED 30 YR…………………….4.000%....(4.17%APR)
CONV. FIXED 20 YR…………………….3.875%....(4.04%APR)
CONV. 5-1 ARM………………………….3.125%....(3.02%APR)
CONV. 7-1 ARM………………………….3.375%....(3.29%APR)
CONV. 10-1 ARM………………………..3.750%....(3.63%APR)
FHA/VA 30 YR FIXED……………….….4.000%....(4.17%APR)
FHA/203K 30 YR FIXED……………….4.500%....(4.73%APR)
USDA 30 YR FIXED………………………4.000%....(4.21%APR)
NOTE: Rates and fees are subject to change prior to application, and lock.
All rates are quoted with 1% origination & 30 day lock.  Credit scores and/or loan amount may affect final rate.
Compliments of  JIMMY GRUBB
New American Mortgage
CELL: 704-634-6897 OFFICE: 704-935-5618
(0 comments)

interest rates: Current Mortgage Rates 4/22/2011 - 04/23/11 01:21 PM
Here are the weekends current mortgage rates as provided by New American Mortgage. 
RATE SHEET for 04/22/2011
CONV. FIXED 30 YR.........................4.875%....(4.96%APR)
CONV. FIXED 15 YR.........................4.125%....(4.27%APR)
CONV. 5-1 ARM...............................3.375%....(3.28%APR)
CONV. 7-1 ARM...............................3.750%....(3.64%APR)
CONV. 10-1 ARM.............................4.250%....(4.12%APR)
FHA/VA 30 YR FIXED.......................4.750%....(5.07%APR)
FHA/203K 30 YR FIXED...................5.375%....(5.53%APR)
USDA 30 YR FIXED...........................4.875%....(5.15%APR)
NOTE: Rates and fees are subject to change prior to application, and lock.
All rates are quoted with 1% origination & 30 day lock.  Credit scores and/or loan amount may affect final rate.
FOR A QUOTE CONTACT: JIMMY GRUBB
CELL: 704-634-6897 OFFICE: 704-935-5618
(2 comments)

interest rates: Mortgage Rate Update - 03/13/09 01:01 PM
TARP funds must be finally in play now- check out our LOW Jumbo and Super Jumbo 30 yr fixed rates! 
Here's a sample of Primary Home Purchase money rates today, up to 0+1, with escrows for a borrower with median credit of 720-760.  These are subject to vary based on loan amount, occupancy, LTV, credit quality and other factors. 
Conforming (using 250K as amt)             
30 yr fixed                    4.75%
15 yr fixed                    4.375%                                                                                                
5/1 ARM, 30 yr am         4.125%
 
Jumbo (using 650K as amt)                                                                              
30 yr fixed                    5.875%            
15 yr fixed                    … (0 comments)

interest rates: Mortgage Rates 1st Week in March - 03/08/08 11:24 AM
March 6, 2008
Don't blink, fixed rates might jump again.  Rates increased by as much as half a point this week.  Fixed Mortgage Rates are based on special bonds called Mortgage Backed Securities (MBS).  Contrary to what you may have heard, fixed mortgage rates are not based on Treasury Bonds, not the Federal Funds Rate, not the Prime Rate, not even George Bush. 
Investors clearly think that mortgage backed securities (MBS) have a higher degree of risk than Treasuries and are now demanding a higher return for MBS.  The two types of bonds often moved in the same direction, but not now.  … (0 comments)

interest rates: Mortgage Rates 10/19/2007 - 10/19/07 04:21 PM
 The last few days have been hard in the stock market, but that has translated to improved mortgage rates.  Bad news is good news for those in Real Estate!
Here's a sample of today's rates, 0+1, with escrows.  These are subject to vary based on loan amount, occupancy, credit quality and other factors:
Conventional (using 250K as amt)          30 yr fixed        6.00%
                                                            15 yr fixed        5.625%
                                                            5/1 ARM           5.625%
Jumbo  (using 650K as amt)                  30 yr fixed        6.375%
                                                            15 yr fixed        6.25%
                                                            5/1 ARM           6.00%
Compliments of Ashleigh Sumlin, Bradford Mortgage Company  704-373-2289  Charlotte, NC
(0 comments)

interest rates: Mortgage Market Update from Countrywide - 10/05/07 03:14 PM
Home-sales forecast stormy as mortgage market lags
By Alan ZibelAssociated Press
Article Launched: 10/03/2007 01:43:43 AM PDT
WASHINGTON - An index that forecasts near-term home sales fell in August to a record low as would-be homebuyers had difficulty getting mortgages. Economists said the housing market's woes show no sign of improving soon.
The National Association of Realtors said Tuesday its seasonally adjusted index of pending sales for existing homes fell 6.5 percent from July and 21.5 percent from a year ago.
The pending home sales index has done a fairly good job of predicting sales levels over the following two months said Joshua Shapiro, chief … (0 comments)

interest rates: Primes Effects on Mortgage Rate$ - 10/04/07 07:14 PM
Does a drop in the Prime Rate equate to a drop in mortgage rates?  Not usually.
When the Federal Reserve drops the Federal Funds Rate (the rate banks can borrow from the Federal Reserve), it triggers a cut in the Prime rate that banks charge on variable rate loans and lines of credit (credit cards and Home Equity Lines are good examples). 
It is a common misconception that a drop in the Federal Funds Rate or the Prime Rate automatically affects fixed rate mortgages too. 
 Federal Reserve board meetings are highly anticipated events and there is much "expert" speculation about what will happen.  … (0 comments)

 
Rainmaker_large

Dean Davidson ABR/CSP

Charlotte, NC

More about me…

Keller Williams Realty

Office Phone: (704) 887-6696

Cell Phone: (704) 661-3814

Email Me

Your Own Real Estate Information Conduit - Timely, Thoughtful, and Thorough. What do you want to know? We will get you an answer in a very timely manner.


Listings

Links

Archives

RSS 2.0 Feed for this blog