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hr 5140: Sacramento Mortgage Rate Update: No Change - 02/09/08 11:03 AM
Despite the bumpy ride, rates didn’t change much this week. According to Freddie Mac’s weekly survey, the 30 year conforming fixed rate ended the week at 5.65% with half a point. This of course is the owner occupied rate with the highest credit scores. Investors, or those with lower scores pay more.
The big news of course was the Senate passing the economic stimulus package containing the increased conforming loan limits, which now moves on to the President’s desk for signature next week. I contacted a number of banks to ask how quickly they would act on the new law, but … (1 comments)

 

Marc Brinitzer

Sacramento, CA

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Big Valley Mortgage

Office Phone: (916) 791-3760 x 340

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