Mortgage Rates change on a daily basis and can vary depending on your unique situation.

The following rates are provided as a gauge of current market conditions.

Weekly Hot Rates

As of July 16, 2010

Mortgage Rates change on a daily basis and can vary depending on your unique situation.

The following rates are provided as a gauge of current market conditions.

Wow! Interest Rates Are Screaming Hot

As of July 2, 2010

Rates and terms subject to change without notice

* Interest Only loan options available

*  Super Jumbo loans up to $5,000,000 available

* Commercial loan programs available

Real Estate Broker, CA Dept. of Real Estate License #0126475

The Fed released its minutes from the December 16 Fed Meeting yesterday revealing that members agreed that economic conditions have improved.  There were some members that expressed concern over the removal of government stimulus programs, specifically the MBS Purchase Program.  It will be interesting to see what the Fed says about the MBS Purchase Program at the next Fed Statement on Jan 27th.  The Fed does not want to create confusion and has clearly stated in each of the last two meetings that the Program will expire as scheduled on March 31st.

Mortgage Rates change on a daily basis and can vary depending on your unique situation.

The following rates are provided as a gauge of current market conditions.

Today’s Hot Rates

As of November 18, 2009

Rates and terms subject to change without notice

* Interest Only loan options available

*  Super Jumbo loans up to $5,000,000 available

* Commercial loan programs available

Real Estate Broker, CA Dept. of Real Estate License #0126475

Everything you wanted to know about the Federal Housing Tax Credit.   Just extended to April 30, 2010 for first time home buyes and expanded to include current homeowners.

http://www.federalhousingtaxcredit.com/

Mortgage Rates change on a daily basis.  Recent economic news has driven rates lower, near all time lows.

Now is a great time to do a “mortgage check-up” to see if refinancing could be to your benefit.

While the rate available to any individual will vary depending on their unique situation. The following rates are provided as a gauge of current market conditions.

Hot Rates

As of October 8, 2009

30 Year Fixed Rate up to $417,000                        4.875%    0 pts.   4.984% APR

30 Year Fixed Rate up to $729,250                          5.0%       0 pts.   5.121% APR

30 Year Fixed Rate Jumbo up to $1,000,000    6.6%       0 pts.   6.614% APR

5 Year Fixed Rate Jumbo up to $1,000,000        5.125%    0 pts.   5.374% APR

7 Year Fixed Rate Jumbo up to $1,000,000        5.375%    0 pts.   5.531% APR

* Interest Only loan options available

*  Super Jumbo loans up to $5,000,000 available

* Commercial loan programs available

Rates and terms subject to change without notice

Real Estate Broker, CA Dept. of Real Estate License #0126475

As expected, the Federal Reserve Board made no change in the fed funds rate. While there was much disagreement about what the statement would say, in general it
contained the minimum number of surprises.

One item of note in the Fed’s announcement was the extension of the end date for their $1.25 trillion program to purchase mortgage backed securities.  The program, which was moved from the end of this year to the end of the first quarter of next year, has been credited with keeping credit available and the current low rate environment.  To minimize disruptions in the credit markets, the level of weekly purchases will be gradually scaled back.

Offering its most optimistic view on the economy since the recession began, Fed officials believe that slack in the economy will keep inflation low.  The outlook on inflation is good news for interest rates. Over the longer-term, however, the decrease in demand from the Fed might move mortgage rates higher, and it might lead to higher daily volatility.