Monthly Archives: June 2009

Interest Rates Decrease

We saw a little bit of improvement this week in the Mortgage Backed Securities or bond market which is trending interest rates lower.  Hopefully this will continue.  Interest Rates have generally moved down about one-quarter of a percentage point in … Continue reading

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Interest Rate Update

The following are interest rate quotes from Al Hermann of American/California Financial Services : Conforming 30 Yr Fixed up to $417,000 5.250% Rate 5.393% APR Pricing based on 740 credit score, 65% Debt to Income Ratio, 80% Loan to Value Ratio, … Continue reading

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Interest Rate Update

The following are interest rate quotes from Michael Cordova  of Milestone Mortgage at michaelc@milestonemtg.com : June 8, 2009     FIXED RATES CONFORMING JUMBO       Rates Points Rates Points   30-Year Fixed Rate 5.375% 1.000 6.625% 1.000     … Continue reading

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