November 19th Rates

Every buyer has a buying plan that will work best for their family. 

Here are RATES as of November 19, 2010 (UP FOR THE WEEK)

Would you like to know which plan is best for you?

The following assumptions apply:

  • 20% Down Payment (Conforming) / 25% Down Payment Jumbo (Lower down payments available – call for details)
  • 1% Origination Fee
  • Escrows Required (if no escrow, higher fees  may apply)
  • Purchase Transactions, Primary Residence (Refinances have different rates)
  • 30 day closing
  • Credit Score 740 +
  • Debt to income ratio <=40%
  • Full Documentation of Income/Assets

 

Conforming  ($200,000* – $417,000) Jumbo ($417,001- $1,000,000*)
30 year (fixed)         4.375%       APR 4.504% 30 year ( fixed )        5.375%        APR  5.490%
15 year (fixed)         3.875%       APR 4.099% 15 year ( fixed )        4.625%        APR  4.817%
5/1 ARM                    3.250%       APR 3.215%7/1 ARM                    3.625%       APR 3.419% 5/1 ARM                     3.375%        APR  3.404%7/1 ARM                     3.625%        APR  3.535%
  10/1 ARM                   5.000%        APR  4.374%
   
FHA/VA         call for quote (max loan $270,000)  
   
Advertisements

Leave a comment

Filed under FHA Lending, Houston Real Estate Outlook, Lending, Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s