Daily Rate Blast - Medford Oregon Mortgage Interest Rates - September 7, 2011

By
Mortgage and Lending with Bank of Oregon a division of Willamette Valley Bank

Daily Rate Blast - Medford Oregon Mortgage Interest Rates - September 7, 2011

 

This morning’s Conventional FIXED and ARM rate quotes are:                            

30 Year                                                 4.250%   (4.491% APR)                                               

15 Year                                                 3.375%   (3.619% APR)

5/1 ARM                                              3.000%   (3.240% APR)

3/1 ARM                                              3.125%   (3.373% APR)

                                                                                                         

*These rates are available for an 80% LTV purchase or rate/term refinance transaction with a 740+ FICO

score and loan amount between $125,000 - $417,000 based upon a 1% Origination Fee and 30 day lock

using Approved Lenders.

 

This morning’s Government FIXED rate quotes are:                                              

FHA 30 Year                                        3.750%   (3.993% APR)                                               

FHA 15 Year                                        3.250%   (3.490% APR)

VA 30 Year                                          3.875%    (4.121% APR)

USDA 30 Year                                     4.375%  (4.618% APR)

 

*These rates are available for a 96.5% LTV purchase (FHA), 100% LTV purchase (VA) or up to 103.63% LTV

purchase (USDA) transaction with a 680+ FICO score and loan amount between $125,000 - $417,000

based upon a 1% Origination Fee and 30 day lock using Approved Lenders.

 

 

MARKET COMMENTS:

 

Mortgage Backed Securities are down -10 bps from yesterday’s close (4.0% coupon now @ 104.31) and the Stock Market is up +184.21 at 11,323.51 this morning. No economic reports today. MBA Mortgage Applications dropped -4.9%, purchases up +0.2% bouncing off record lows. Fed Beige Book to released at 11:00AM. Oil is $88.94per barrel and Gold is $1,815.49 per ounce. 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Groups:
Mortgages
Moving to Oregon
Mortgage Bankers
Dedicated Bloggers
Addicted to Active Rain
Tags:
daily rate blast
medford oregon interest rates
current mortgage rates oregon
karen burket

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
1,836,462
Debb Janes EcoBroker and Bernie Stea JD
ViewHomes of Clark County - Nature As Neighbors - Camas, WA
REALTORS® in Clark County, WA

Just noticed you changed the photo...you came up in my blog roll and I wasn't sure who it was....now I know! Hope life is good. D

Sep 07, 2011 07:06 AM #1
Rainer
143,002
Karen Burket
Bank of Oregon a division of Willamette Valley Bank - Medford, OR
Valley Mortgage Grou, Conventional, FHA, VA, mortgages

Hi Debb!  Figured an "update" was in order  ;-)   Have a terrific day, Debb!  

Sep 07, 2011 07:08 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
143,002

Karen Burket

Valley Mortgage Grou, Conventional, FHA, VA, mortgages
Ask me a question
*
*
*
*
Spam prevention

Additional Information