My New Blog

Mortgage rates sink to record low, says Freddie Mac 
http://usat.me?38997568 
 
To view the story, click the link or paste it into your browser

One might think we've reached a point where the rates started going up and staying up BUT NOOOOOOOO ...  Ahaha!!!  Great news for all you "on the fence" refinancers ... There really is NO BETTER TIME THAN NOW ...

Hate to sound like SPAM but click on the story above for the real scoop ... talk to you soon !!!

Conforming (up to $417,000) is at 4.625% 30 Year Fixed ... Never thought I would see rates this low ... what's up with that, huh? 

High balance conforming (up to $729,750) can possibly be done at 4.875%.  If you want to pay for a lower rate, they are certainly available.

The point here is if you have a higher rate than this, can qualify, then you should be doing something with me NOW because you can save money every month with a lower rate and those rates (subject to change, duh ...) are here NOW and could disappear tomorrow.  I can lock the rate in for you, for that matter.  Call me or email me today with your inquiry or send me your name and address and I will send out a loan application package.

You snooze, you lose.

5 year fixed with 30 year amortization, depending on "Loan-To-Value" and credit qualification;  5.10%-4.77%.

7 year fixed ... 5.49-5.18%

10 year fixed ... 5.81-6.68%

Strike a responsive chord?  Call me, let's talk while the rates are still ridiculously LOW. 

Maybe because hardly anyone can qualify anymore?  Ahaha ~ nah, not really.

However, if you currently have a commercial loan, it really behooves you to take a look at your options and opportunities. 

And there's lots of bargains out there ... get pre-qualified ...

There is stated income ... 40% down on a purchase, with reasonable credit. 

Any other questions?  Make it a great day.

Today's pricing on a "No Point/No Fee" whereby the all non-recurring closing costs are paid out of a lender's rebate so it's a free refinance loan ... Conforming, owner-occupied, single family residence pricing today is 5.00% fixed for 30 years with no closing cost.  Credit qualified of course. 

This means, if you're current rate is 5.500 or higher, you should be calling me right now.  Rates subject to change and all of that ... NO COST LOAN !!!

Conforming "high balance" up to $729,000 is looking really good also.