.
Christensen Financial of Georgia
678-373-9974
The 30 year fixed now stands at 4.375% with a quarter point paid to discount. How low it will go is anybody's guess, all indications point lower. Bias is locking at these levels.
Conforming Pricing
(Fully Amortizing)
30 YEAR FIXED @4.375%
20 YEAR FIXED @4.375%
15 YEAR FIXED @4%
10 YEAR FIXED @3.75%
5/1 LIBOR FIXED PERIOD ARM @3.5%
7/1 LIBOR FIXED PERIOD ARM @3.5%
10/1 LIBOR FIXED PERIOD ARM @4.125%
Interest Only
30 Year FIXED @5.5%
5/1 LIBOR FIXED PERIOD ARM @3.5%
Pricing for 3/1, 7/1 & 10/1 Interest-Only products, available on Custom Quote
Conforming loan limits apply. LTVs > 90% Allowed by exception only in Stable Markets, for credit scores 740+, well documented. Eligible properties are SFR, second/vacation homes, 2-4 units. Multiple adjustments may apply. Use Custom quotes by calling us at 678-373-9974 for accurate State specific pricing.
JUMBO
30 YEAR FIXED @5.45%
20 YEAR FIXED @5.15%
15 YEAR FIXED @4.95%
1/1 FIXED PERIOD ARM @2.75%
3/1 FIXED PERIOD ARM @3.20%
3/1 FIXED PERIOD ARM INTEREST ONLY @3.35%
5/1 FIXED PERIOD ARM @3.95%
5/1 FIXED PERIOD ARM INTEREST ONLY @4.25%
7/1 FIXED PERIOD ARM @4.60%
10/1 FIXED PERIOD ARM @5.15%
Portfolio ARM's
5/1 FIXED PERIOD ARM @ 3.875%
7/1 FIXED PERIOD ARM @ 4.125%
Fully Amortizing and Interest Only Jumbo available up to 90% LTV. Mimimum credit score is 620 . Eligible properties are SFR, Vacation/Second Homes. Max debt ratios are 38 and 45%. Loans from $417,001.00 to 3Mil available. Use Custom quotes by calling us at 678-373-9974 for accurate State specific pricing
FHA/VA
30 YEAR FIXED @4.5%
15 YEAR FIXED @4.25%
3/1 FIXED PERIOD ARM @3.75%
5/1 FIXED PERIOD ARM @3.375%
Rates shown are base rates ONLY, no adjustments added, ratelock period will vary. Rates are subject to change without notice.
Yield spread premium" (YSP) is the money or rebate paid to a mortgage broker for giving a borrower a higher interest rate on a loan in exchange for lower up front costs, generally paid in Origination Fees, Broker Fees or Discount Points. This "may [be used to] wipe out or offset other loan costs.The YSP is derived through the realization of a market 'price' for a loan that is above 100%. For example, a $300,000 loan with a price when sold of 101.00% would 'yield' a 1% rebate to the originator, it's important to understand that the term 'originator' refers to either a retail bank or mortgage broker.
First and second position HELOCS available up to 350K with starting rates @4%
Call for a custom quote
Cash out refinancing now available up to 85% LTV
Daily US & International Rates Last update: 06/17/2010
LatestYesterdayWeek Ago
Federal Funds Rate0.19%0.18%0.19%
Discount Rate0.75%0.75%0.75%
Overnight Libor (1 day delay)0.30%0.30%0.30%
Freddie Mac 30/604.43%4.43%4.42%
Fannie Mae 30/604.47%4.47%4.45%
6 Month Libor (1 day delay)0.75%0.75%0.75%
10 Year Treasury Security3.32%3.28%3.20%
The Prime Rate3.25%3.25%3.25%
Source: ARMindexes.com
Households Unfazed by Expiring Tax Credits
The expiration of the home buyer tax credits won't deter optimistic households who believe the market is improving, according to a survey released Wednesday by Prudential Real Estate and Relocation Services. More than 90 percent of those surveyed believe the home buyer tax credits have helped both first-time buyers and the overall housing market, but 65 percent say that end of tax credits won't reduce their personal interest in buying a home. Over the next five years, 79 percent expect real estate prices to increase, and 20 percent expect prices to rise substantially. Only 12 percent believe prices will decrease. Among renters, 75 percent believe owning a home is a better long-term choice for them than renting. The majority of consumers also believe that homeownership is a good investment, with 75 percent saying it is better than stocks or bonds, 72 percent preferring it to mutual funds, and 74 percent saying it surpasses savings accounts.
Source: Prudential Real Estate and Relocation Services, Inc. (04/28/2010)
GOOD SELLING!!!
Sally Murray Lamperti
678-373-9974
Christensen Financial
Georgia Residential Mortgage Licensee #21045
RATES SUBJECT TO CHANGE WITHOUT NOTICE. THIS INFORMATION IS INTENDED FOR REAL ESTATE PROFESSIONAL USE ONLY AND IS NOT FOR DISTRIBUTION TO PROSPECTIVE BORROWERS. STATE AND FEDERALLY REQUIRED DISCLOSURES HAVE NOT BEEN INCLUDED. GA RESIDENTIAL MORTGAGE LICENSE # ___21045, NMLS ID # ___291600. 450 Musket Entry, Roswell, Georgia 30076.
Comments(0)