Archive for January, 2013

01/21 — 30 YR Fixed: 3.375%*

FIXED Mortgage Rate* Points APR* 30 Year 3.375% 0.125 3.479% 15 Year 2.625% 0.500 2.754% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.625% -0.250 2.695% 7/1 LIBOR ARM 2.750% 0.500 2.880% JUMBO LOANS 5/1 LIBOR ARM 3.000% 0.375 3.122% 30 Year 4.250% 0.755 4.414(1) Disclosures

01/21 — 15 YR Fixed: 2.625%*

FIXED Mortgage Rate* Points APR* 30 Year 3.375% 0.125 3.479% 15 Year 2.625% 0.500 2.754% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.625% -0.250 2.695% 7/1 LIBOR ARM 2.750% 0.500 2.880% JUMBO LOANS 5/1 LIBOR ARM 3.000% 0.375 3.122% 30 Year 4.250% 0.755 4.414(1) Disclosures

01/21 — 5/1 ARM: 2.625%*

FIXED Mortgage Rate* Points APR* 30 Year 3.375% 0.125 3.479% 15 Year 2.625% 0.500 2.754% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.625% -0.250 2.695% 7/1 LIBOR ARM 2.750% 0.500 2.880% JUMBO LOANS 5/1 LIBOR ARM 3.000% 0.375 3.122% 30 Year 4.250% 0.755 4.414(1) Disclosures

01/21 — 7/1 ARM: 2.750%*

FIXED Mortgage Rate* Points APR* 30 Year 3.375% 0.125 3.479% 15 Year 2.625% 0.500 2.754% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.625% -0.250 2.695% 7/1 LIBOR ARM 2.750% 0.500 2.880% JUMBO LOANS 5/1 LIBOR ARM 3.000% 0.375 3.122% 30 Year 4.250% 0.755 4.414(1) Disclosures

01/21 — 30 YR Fixed: 3.250%*

FIXED Mortgage Rate* Points APR* 30 Year 3.250% 0.125 3.353% 15 Year 2.625% 0.173 2.818% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.550 2.632% 7/1 LIBOR ARM 2.750% 0.430 2.874% JUMBO LOANS 5/1 LIBOR ARM 3.125% 0.250 3.238% 30 Year 4.000% 0.765 4.163(1) Disclosures

01/21 — 15 YR Fixed: 2.625%*

FIXED Mortgage Rate* Points APR* 30 Year 3.250% 0.125 3.353% 15 Year 2.625% 0.173 2.818% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.550 2.632% 7/1 LIBOR ARM 2.750% 0.430 2.874% JUMBO LOANS 5/1 LIBOR ARM 3.125% 0.250 3.238% 30 Year 4.000% 0.765 4.163(1) Disclosures

01/21 — 5/1 ARM: 2.500%*

FIXED Mortgage Rate* Points APR* 30 Year 3.250% 0.125 3.353% 15 Year 2.625% 0.173 2.818% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.550 2.632% 7/1 LIBOR ARM 2.750% 0.430 2.874% JUMBO LOANS 5/1 LIBOR ARM 3.125% 0.250 3.238% 30 Year 4.000% 0.765 4.163(1) Disclosures

01/21 — 7/1 ARM: 2.750%*

FIXED Mortgage Rate* Points APR* 30 Year 3.250% 0.125 3.353% 15 Year 2.625% 0.173 2.818% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.550 2.632% 7/1 LIBOR ARM 2.750% 0.430 2.874% JUMBO LOANS 5/1 LIBOR ARM 3.125% 0.250 3.238% 30 Year 4.000% 0.765 4.163(1) Disclosures

Market Update for January 14 2013: The Roller-Coaster of 2013

Happy 2013! I’m pleased to say that in terms of gross revenue, net profit and number of loans closed, 2012 was the biggest year yet for CPK Mortgage, Inc. I’m excited to continue this success in 2013. From an economic standpoint, I think that 2013 will be a tumultuous year. Our national budget will (hopefully) […]

Pulse on Politics: High-Cost Limits Remain Unchanged

There is good news for properties located in “high cost” counties such as Los Angeles County. The conforming loan limits for loans funded with Fannie Mae and Freddie Mac money will remain unchanged in 2013 compared to 2012. According to the California Association of Realtors, this means that the traditional conforming loan limit will stay […]