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Starting July 30, 2009, if the APR on an initial Good Faith Estimate is no longer accurate (within a 0.125% range) at close of escrow, a lender must generally provide a residential borrower with a new disclosure and a three-day right to rescind before consummating the loan. REALTORS(R) are forewarned that, because of this new three-day waiting ...
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Recent news headlines have caused confusion by mischaracterizing the new California Foreclosure Prevention Act as a 90-day moratorium and incorrectly stating that the lender must modify delinquent loans before it begins foreclosure. In reality, the foreclosure process for certain owner-occupied residential first trust deeds has been extended by 90 ...
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Interest Rates are Falling! 30 Year Fixed 5.91%15 Year Fixed 5.47%5/1 Arm 5.52%30 Year Fixed Jumbo 6.58%5/1 Jumbo Arm 5.99%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy Thanksgiving week! Liane Thomas, ...
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Interest Rate Snapshot November 9, 2007Loading Posted November 9, 2007Interest Rates are Great!30 Year Fixed 5.97%15 Year Fixed 5.57%5/1 Arm 5.58%30 Year Fixed Jumbo 6.57%5/1 Jumbo Arm 6.03%Thank You to Bankrate.com for providing the rates!Did you know there is a ...
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As announced on Wednesday October 31, the Federal Reserve cut its benchmark interest rate by a quarter percentage point! What a wonderful Halloween treat for homeowners and investors! What does this mean to you? If you have a revolving HELOC, it has been at 7.75%. As of now it has dropped to 7.50%, and you didn't have to ...
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Posted October 29, 2007Interest Rates are Falling!30 Year Fixed 5.89%15 Year Fixed 5.49%5/1 Arm 5.59%30 Year Fixed Jumbo 6.53%5/1 Jumbo Arm 6.02%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, ...
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Posted October 26, 2007Interest Rates are Falling!30 Year Fixed 5.87%15 Year Fixed 5.48%5/1 Arm 5.58%30 Year Fixed Jumbo 6.53%5/1 Jumbo Arm 6.01%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy weekend! Liane ...
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Posted October 22, 200730 Year Fixed 5.96%15 Year Fixed 5.57%5/1 Arm 5.67%30 Year Fixed Jumbo 6.63%5/1 Jumbo Arm 6.21%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)
Keller Williams ...
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Posted October 1, 200730 Year Fixed 6.06%15 Year Fixed 5.69%5/1 Arm 5.85%30 Year Fixed Jumbo 6.92%5/1 Jumbo Arm 6.39%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy week! Liane Thomas, REALTOR(R)Serving Southern ...
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Posted September 28, 200730 Year Fixed 6.11%15 Year Fixed 5.73%5/1 Arm 5.89%30 Year Fixed Jumbo 6.94%5/1 Jumbo Arm 6.41%Thank You to Bankrate.com for providing the rates!Thank you for visiting, and have a safe and happy weekend! Liane Thomas, REALTOR(R)Serving ...
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