Alicia Hodenfield’s Interest Rate Update: Friday, November 2nd.
November 4th, 2007 . by Mike KellyRates as of 11/2/07
Now is a great time to purchase a home! With so much to choose from, and rates still low! Ask me how to finance your deals! Today’s rates quoted are a small sample of current rates. Give me a call for more information about different rates, loan products and requirements! (707) 284-2718
Conforming fully amortized interest only
3/1 ARM 5.875% 6.00%
5/1 ARM 6.125% 6.25%
7/1 ARM 6.25% 6.375%
10/1 ARM 6.50% 6.625%
Jumbo fully amortized interest only
30 year fixed 6.875% 7.00%
5/1 ARM 6.75% 6.75 %
7/1 ARM 7.125% 7.125%
10/1 ARM 7.00% 7.00%
Flexible Hybrid ARMS, Option ARMS and 100% financing products are available! Give me a call for details and options!
Here’s the fine print:
Conforming limit is $417,000.00. Rates assume impound account set up and assumes loan to value (LTV) no more than 80%. Funds to be used for purchase. Cash out refinances may incur higher rates. Rates quoted with a 30 day lock. Subject to qualifying borrowers and properties. Rates quoted for fully documented loans. Rates are as of 11/2/07 and are subject to change. Unless indicated, rates are quoted WITHOUT points, unless otherwise noted. Borrowers (and/or sellers) may buy down the rate. Each application is evaluated on an individual basis. There may be better suited programs for borrowers the may offer better rates/terms as well as options for non-qualifying borrowers.
Alicia Hodenfield
Investors Trust Mortgage
(707) 284-2718 direct line
Licensed by California DRE #01104067/Salesperson License #01501465
“We must learn to live together as brothers or perish as fools.” — Martin Luther King, Jr.
Oh by the way, if you know of someone thinking of purchasing or refinancing a home, who would appreciate the kind of service I offer, I’d love to help them. As these people come to mind, just give me a call with their name and number. I will be happy to follow up and tend to their real estate financing needs.
