Archive for May, 2013

05/28 — 30 YR Fixed: 3.750%*

FIXED Mortgage Rate* Points APR* 30 Year 3.750% 0.375 3.877% 15 Year 3.000% 0.125 3.187% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.250 2.609% 7/1 LIBOR ARM 2.750% -0.125 2.831% JUMBO LOANS 5/1 LIBOR ARM 3.000% 0.000 3.092% 30 Year 4.500% 0.000 4.601(1) Disclosures

05/28 — 15 YR Fixed: 3.000%*

FIXED Mortgage Rate* Points APR* 30 Year 3.750% 0.375 3.877% 15 Year 3.000% 0.125 3.187% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.250 2.609% 7/1 LIBOR ARM 2.750% -0.125 2.831% JUMBO LOANS 5/1 LIBOR ARM 3.000% 0.000 3.092% 30 Year 4.500% 0.000 4.601(1) Disclosures

05/28 — 5/1 ARM: 2.500%*

FIXED Mortgage Rate* Points APR* 30 Year 3.750% 0.375 3.877% 15 Year 3.000% 0.125 3.187% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.250 2.609% 7/1 LIBOR ARM 2.750% -0.125 2.831% JUMBO LOANS 5/1 LIBOR ARM 3.000% 0.000 3.092% 30 Year 4.500% 0.000 4.601(1) Disclosures

05/28 — 7/1 ARM: 2.750%*

FIXED Mortgage Rate* Points APR* 30 Year 3.750% 0.375 3.877% 15 Year 3.000% 0.125 3.187% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.250 2.609% 7/1 LIBOR ARM 2.750% -0.125 2.831% JUMBO LOANS 5/1 LIBOR ARM 3.000% 0.000 3.092% 30 Year 4.500% 0.000 4.601(1) Disclosures

Market Update for May 22 2013: Advocating in Washington for Our Clients

The last two years, the month of May has been one of my favorite months. Each May, the National Association of Realtors has its Legislative Week in Washington, D.C. As a Realtor and member of the Beverly Hills Greater Los Angeles Association of Realtors, I’ve been fortunate enough to travel to D.C. to participate. Over […]

Pulse on Politics: Congress Woman Maxine Waters and Credit Unions

One of the most uplifting meetings was with Congress Woman Maxine Waters. She is a ranking member in Congress on the House Committee on Financial Services. She shared that Congress is looking to reinvigorate the role that community lenders and credit unions play in our lending system. This focus should increase the lending that happens […]

05/20 — 30 YR Fixed: 3.500%*

FIXED Mortgage Rate* Points APR* 30 Year 3.500% 0.375 3.625% 15 Year 2.750% 0.000 2.917% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.254 2.609% 7/1 LIBOR ARM 2.625% 0.125 2.725% JUMBO LOANS 5/1 LIBOR ARM 2.875% 0.000 2.966% 30 Year 4.375% 0.000 4.475(1) Disclosures

05/20 — 15 YR Fixed: 2.750%*

FIXED Mortgage Rate* Points APR* 30 Year 3.500% 0.375 3.625% 15 Year 2.750% 0.000 2.917% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.254 2.609% 7/1 LIBOR ARM 2.625% 0.125 2.725% JUMBO LOANS 5/1 LIBOR ARM 2.875% 0.000 2.966% 30 Year 4.375% 0.000 4.475(1) Disclosures

05/20 — 5/1 ARM: 2.500%*

FIXED Mortgage Rate* Points APR* 30 Year 3.500% 0.375 3.625% 15 Year 2.750% 0.000 2.917% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.254 2.609% 7/1 LIBOR ARM 2.625% 0.125 2.725% JUMBO LOANS 5/1 LIBOR ARM 2.875% 0.000 2.966% 30 Year 4.375% 0.000 4.475(1) Disclosures

05/20 — 7/1 ARM: 2.625%*

FIXED Mortgage Rate* Points APR* 30 Year 3.500% 0.375 3.625% 15 Year 2.750% 0.000 2.917% INTEREST ONLY LOANS 5/1 LIBOR ARM 2.500% 0.254 2.609% 7/1 LIBOR ARM 2.625% 0.125 2.725% JUMBO LOANS 5/1 LIBOR ARM 2.875% 0.000 2.966% 30 Year 4.375% 0.000 4.475(1) Disclosures