Rates Dip on Economic News
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
