Monthly Archives: February 2009

Fannie Mae and Freddie Mac to raise interest rates and fees

There is an article from the Los Angeles times dated February 16th warning of significant new loan fees and higher interest rates for conventional loans to be made through Fannie Mae and Feddie Mac beginning April 1st. GNMA, which purchases VA loans and FHA … Continue reading

Posted in Uncategorized | Leave a comment

Interest Rate Update

  The following are general levels of interest rates for various loan terms for both conforming and Jumbo loans as provided by Michael Cordova: michaelc@milestonemtg.com February 19, 2009 FIXED RATES CONFORMING JUMBO   Rates Points Rates Points   30-Year Fixed … Continue reading

Posted in Uncategorized | Leave a comment