August 10, 2011

Bad Stock Market = LOW LOW HOME LOAN RATES!

The flight to safety from stocks to bonds has pushed yields down on mortgage backed securities--result: 
BIG DROP IN HOME LOAN RATES!

LOCK IN NOW, before the market rebounds. CALL ME TODAY!



30 Year

15 Year

7 Year



Fixed

Fixed

ARM

Conforming $417,000

Rate
APR
Rate
APR
Rate
APR
Low Rate with Costs:

3.875%
4.135%
3.125%
3.325%
3.000%
2.90%
"No Cost"  =Lender Credit covers Costs:
4.250%
4.250%
3.500%
3.500%
n/a

High Balance $729,750 URGENT






Low Rate with Costs:

4.25%
4.450%
3.375%
3.575%
3.375%
3.20%
"No Cost"  =Lender Credit covers Costs:
4.50%
4.50%
4.250%
4.250%
n/a









No Cost Rate Drop Available! -- Call for Details





Above assumes 75% LTV, no cash out refinance with 740 credit score, 15 day rate lock.

Rates as of 4:30 pm PST 8/10/2011 - subject to market changes and qualifying.



Longer lock periods at higher costs or rate will be required if locked at time of application.









If you need a High Balance above $625,500, APPLY NOW!  New loan limit effective 9/1 = $625,500

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