Archive for November, 2011

11/15 — 30 YR Fixed: 3.999%*

FIXED Mortgage Rate* Points APR* 30 Year 3.999% 0.000 5.502% 15 Year 3.250% 0.375 5.040% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.000% 0.625 4.598% 7/1 LIBOR ARM 3.250% 0.875 4.823% JUMBO LOANS 5/1 LIBOR ARM 3.250% 1.000 4.823% 30 Year 4.700% 1.000 6.146% *(1) Disclosures

11/15 — 15 YR Fixed: 3.250%*

FIXED Mortgage Rate* Points APR* 30 Year 3.999% 0.000 5.502% 15 Year 3.250% 0.375 5.040% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.000% 0.625 4.598% 7/1 LIBOR ARM 3.250% 0.875 4.823% JUMBO LOANS 5/1 LIBOR ARM 3.250% 1.000 4.823% 30 Year 4.700% 1.000 6.146% *(1) Disclosures

11/15 — 5/1 ARM: 3.000%*

FIXED Mortgage Rate* Points APR* 30 Year 3.999% 0.000 5.502% 15 Year 3.250% 0.375 5.040% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.000% 0.625 4.598% 7/1 LIBOR ARM 3.250% 0.875 4.823% JUMBO LOANS 5/1 LIBOR ARM 3.250% 1.000 4.823% 30 Year 4.700% 1.000 6.146% *(1) Disclosures

11/15 — 7/1 ARM: 3.250%*

FIXED Mortgage Rate* Points APR* 30 Year 3.999% 0.000 5.502% 15 Year 3.250% 0.375 5.040% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.000% 0.625 4.598% 7/1 LIBOR ARM 3.250% 0.875 4.823% JUMBO LOANS 5/1 LIBOR ARM 3.250% 1.000 4.823% 30 Year 4.700% 1.000 6.146% *(1) Disclosures

Market Update for November 7 2011

Today is one of my favorite days of the year: Election Day.  I wear my “I Voted” sticker proudly as I write this month’s update.  And truly, I’m proud of our representative democracy.  As we see many cities across our country still “occupied” by the Occupy Wall Street Movement, I think it’s important to focus […]

Pulse on Politics: 401(k) Withdrawals May Not Have Early Withdrawal Penalties

Senator Johnny Isakson and Representative Tom Graves, both from Georgia, have introduced a bill that would “allow owners to pull out up to $50,000. . . to pay down delinquent mortgages,” reports Kenneth V. Harney in his Los Angeles Times article, “Bill Would Remove Penalty for Tapping 401(k) to Avoid Foreclosure.”  While the legislation would […]

Alternative Programs — Adding Value: Fannie and Freddie Expand Help for Underwater Homeowners

Attention clients who have Fannie Mae or Freddie Mac loans!  Fannie and Freddie are making refinancing more accessible to borrowers who are underwater.  Benefit from lower fees, better rates and no maximum loan to value limits!  If you were denied before, please call us today to see if you will qualify under this improved program.

Social Responsibility: Local Candidates Recommendation Committee

This month I was honored to be selected as a Board Member of the Beverly Hills Greater Los Angeles Local Candidates Recommendation Committee, which sponsors local candidates for office.  This position will enable me to have an impact on selecting candidates for office who are sensitive to real estate related issues and who demonstrate a […]

11/07 — 30 YR Fixed: 3.999%*

FIXED Mortgage Rate* Points APR* 30 Year 3.999% (0.250) 5.502% 15 Year 3.250% 0.375 5.040% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.750% 1.000 5.275% 7/1 LIBOR ARM 3.625% 1.000 5.162% JUMBO LOANS 5/1 LIBOR ARM 3.250% 1.000 4.823% 30 Year 4.700% 1.000 6.146% *(1) Disclosures

11/07 — 15 YR Fixed: 3.250%*

FIXED Mortgage Rate* Points APR* 30 Year 3.999% (0.250) 5.502% 15 Year 3.250% 0.375 5.040% INTEREST ONLY LOANS 5/1 LIBOR ARM 3.750% 1.000 5.275% 7/1 LIBOR ARM 3.625% 1.000 5.162% JUMBO LOANS 5/1 LIBOR ARM 3.250% 1.000 4.823% 30 Year 4.700% 1.000 6.146% *(1) Disclosures