Mike’s Real Estate Show

 

Alicia Hodenfield’s Interest Rate Update for Friday, Nov. 17th!

November 16th, 2007 . by Mike Kelly

Interest Rates as today, Friday, November 16, 2007      

 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 real estate transactions and to help you secure your home for the Holidays!  

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

30 year fixed               6.125%                                    6.375%

 

3/1 ARM                     5.875%                                    6.00%

5/1 ARM                     6.125%                                    6.25%

7/1 ARM                     6.25%                                      6.375%

10/1 ARM                   6.375%                                    6.50%

 

Jumbo                          fully amortized                        interest only               

30 year fixed               7.00%                                     7.125%                                   

5/1 ARM                     6.625%                                    6.625 %                                  

7/1 ARM                     6.875%                                    6.875%                                   

10/1 ARM                   7.125%                                    7.125%                                   

 

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 11/16/07 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

alicia@investorstrust.com

www.aliciahodenfield.com

Licensed by California DRE #01104067/Salesperson License #01501465

“We must learn to live together as brothers or perish as fools.” — Martin Luther King, Jr. 

 

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