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30 Year Fixed Rate Loan at a Cost of One Point: 3.5%* (APR=3.73%)
Rates improved yesterday after the Fed released comments stating that the economy remains soft (implying no near-term rate increases) and that there are no near-term plans to discontinue the Fed’s interest rate support/bond buying program. But, rates have been drifting back up today.
Many borrowers believe they need a two-year job history to qualify for mortgage financing. That is not the case if a borrower can prove ...

Below are 7 Scenarios and related rate quotes. Please let us know if you would like quotes for other scenarios.
30 Year Fixed Rate CONFORMING Loan at a Cost of One Point: 3.5%*
*Assumes: 20% Down; Credit Score above 740; Loan Amount Less than $417,000; Owner-Occupied; Single Family Residence; APR is 3.71%
30 Year Fixed Rate HIGH BALANCE Loan at a Cost of One Point: 3.625%*
*Assumes: 20% Down; Credit Score above 740; Loan Amount GREATER than $417,000 and LESS ...

30 Year Fixed Rate Loan at a Cost of One Point: 3.5%* (APR=3.73%)

Rates edged slightly better today despite little economic news. Rates remain about 1/4 percent higher than they were a few weeks ago.

The appraisals associated with our refinance loans come in lower than those associated with our purchases. This is partially because of our current hot market and because most appraisers really do make a good faith effort to support the contract price in their appraisal report. ...

30 Year Fixed Rate Loan at a Cost of One Point: 3.5%* (APR = 3.73%)

Rates climbed even higher yesterday, and plummeted back to Wednesday’s levels after some negative economic news surfaced.

We recently spent the day with an attorney who is buried up to his eyeballs in business. This attorney can never take advantage of this business, or catch up, b/c he refuses to bite the bullet and hire and train qualified assistants. It is almost painful to watch him ...