Archive for January, 2011

Eye on the Market: Reverse Mortgages

Reverse Mortgages: no monthly payment and no income qualifying guidelines

Market Update for January 19 2011

620 Credit Score with 1 Mortgage Late Payment and Financing for H1 Visa Holders

01/19 — 30 YR Fixed: 4.750%*

FIXED Mortgage Rate* Points APR* 30 Year 4.750% 0.125 5.398% 15 Year 4.125% 0.500 4.902% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.500% 0.875 4.196% 7/1 LIBOR ARM 4.000% 0.875 4.675% JUMBO LOANS 5/1 LIBOR ARM 3.800% 1.000 4.438% 30 Year 5.600% 1.000 6.221% *(1) Disclosures

01/19 — 15 YR Fixed: 4.125%*

FIXED Mortgage Rate* Points APR* 30 Year 4.750% 0.125 5.398% 15 Year 4.125% 0.500 4.902% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.500% 0.875 4.196% 7/1 LIBOR ARM 4.000% 0.875 4.675% JUMBO LOANS 5/1 LIBOR ARM 3.800% 1.000 4.438% 30 Year 5.600% 1.000 6.221% *(1) Disclosures

01/19 — 5/1 LIBOR ARM: 3.500%*

FIXED Mortgage Rate* Points APR* 30 Year 4.750% 0.125 5.398% 15 Year 4.125% 0.500 4.902% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.500% 0.875 4.196% 7/1 LIBOR ARM 4.000% 0.875 4.675% JUMBO LOANS 5/1 LIBOR ARM 3.800% 1.000 4.438% 30 Year 5.600% 1.000 6.221% *(1) Disclosures

01/19 — 7/1 LIBOR ARM: 4.000%*

FIXED Mortgage Rate* Points APR* 30 Year 4.750% 0.125 5.398% 15 Year 4.125% 0.500 4.902% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.500% 0.875 4.196% 7/1 LIBOR ARM 4.000% 0.875 4.675% JUMBO LOANS 5/1 LIBOR ARM 3.800% 1.000 4.438% 30 Year 5.600% 1.000 6.221% *(1) Disclosures

01/19 — RATES

FIXED Mortgage Rate* Points APR* 30 Year 4.750% 0.125 5.398% 15 Year 4.125% 0.500 4.902% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.500% 0.875 4.196% 7/1 LIBOR ARM 4.000% 0.875 4.675% JUMBO LOANS 5/1 LIBOR ARM 3.800% 1.000 4.438% 30 Year 5.600% 1.000 6.221% *(1) Disclosures

01/10 — 7/1 LIBOR ARM: 4.000%*

FIXED Mortgage Rate* Points APR* 30 Year 4.625% 0.875 5.277% 15 Year 4.125% 0.000 4.902% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.500% 1.125 4.196% 7/1 LIBOR ARM 4.000% 1.125 4.675% JUMBO LOANS 5/1 LIBOR ARM 3.950% 1.000 4.627% 30 Year 5.700% 1.000 6.318% *(1) Disclosures

01/10 — 5/1 LIBOR ARM: 3.500%*

FIXED Mortgage Rate* Points APR* 30 Year 4.625% 0.875 5.277% 15 Year 4.125% 0.000 4.902% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.500% 1.125 4.196% 7/1 LIBOR ARM 4.000% 1.125 4.675% JUMBO LOANS 5/1 LIBOR ARM 3.950% 1.000 4.627% 30 Year 5.700% 1.000 6.318% *(1) Disclosures

01/10 — 15 YR Fixed: 4.125%*

FIXED Mortgage Rate* Points APR* 30 Year 4.625% 0.875 5.277% 15 Year 4.125% 0.000 4.902% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.500% 1.125 4.196% 7/1 LIBOR ARM 4.000% 1.125 4.675% JUMBO LOANS 5/1 LIBOR ARM 3.950% 1.000 4.627% 30 Year 5.700% 1.000 6.318% *(1) Disclosures