Alicia Hodenfield’s Interest Rate Update: Friday, December 7, 2007.
December 7th, 2007 . by Mike KellyRates as of 12/7/07
The 30 year fixed conforming rate dipped below 6% this week and are now back at 6.125% and no points – still very good! If you had been working with Alicia she could have locked you IN to a sub-5% interest rate!! Ask me about My Community, Home Possible and other programs that offer 100% financing options!
Today’s rates quoted are a small sample of current rates – all quoted without points- call me about rates with point(s), different loan products and requirements! (707) 284-2718
Conforming fully amortized interest only
3/1 ARM 6.125% 6.375%
5/1 ARM 6.375% 6.50%
7/1 ARM 6.50% 6.75%
10/1 ARM 6.75% 6.875%
Jumbo fully amortized interest only
30 year fixed 7.00% 7.125%
5/1 ARM 6.875% 6.875 %
7/1 ARM 7.125% 7.125%
10/1 ARM 7.375% 7.375%
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 11/30/07 and are subject to change. Rates are quoted WITHOUT points. 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
“I advise you to say your dream is possible and then overcome all inconveniences, ignore all the hassles and take a running leap through the hoop even if it is in flames.” — Les Brown
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.
