Monthly Archives: March 2009

Interest Rate Update

The following are general levels of interest rates for various loan terms for both conforming and Jumbo loans as provided by Al Hermann at al@american-california.com . Interest rates for conforming loans are down about a 1/4 point from 2 weeks … Continue reading

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Federal Reserve to Pump Additional $1.25 Trillion into the Economy to Lower Interest Rates

The Federal Reserve Bank announced yesterday its intentions to pump in an additional $1.25 Trillion dollars into the economy in an attempt to lower long term interest rates. This program will include $300 billion to purchase 10 year term Treasury … Continue reading

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Interest Rate Update as of 3/6/09

The following are general levels of interest rates for various loan terms for both conforming and Jumbo loans as provided by Al Hermann at al@american-california.com Conforming 30 Yr Fixed up to $417,000 4.875% Rate 5.015% APR Pricing based on 740 … Continue reading

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