Now that I have your attention... we've basically given up the gains we made yesterday and today so the rate I posted yesteday should be current, as of 12/17/08, 12:33pm PST: 4.875% Rate / 5.026% APRLoan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed So we're still under 5% b
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12/17/2008
Good morning all -- When I logged on this morning I almost couldn't believe it! Rates PLUNGED late yesterday and this morning to the lowest I personally have ever seen: 4.375% Rate / 4.520% APRLoan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year FixedRates are as of 12/17/08 and su
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12/17/2008
Today I posted a blog that indicated no movement in rates. At the end of my day I pulled rates again and there had been a .125% improvement toward the end of the day. I will post again in the morning once the markets open! James Wirth
12/16/2008
What a market -- the Fed tells the banks they should lend each other money for free! But it's just overnight, right? :) I'm sure they're doing what they need to do to get us turned in the right direction. And here's what I do: Today's pricing will look a little familiar: 4.875% Rate / 5.026% APRL
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12/16/2008
After months of extreme volatility under a looming cloud of uncertainty (waxing poetic for a moment there), we have suddenly found ourselves comfortably settled around 5%. Who woulda thunk it?!? 4.875% Rate / 5.026% APR Loan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed Rate
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12/15/2008
After months of extreme volatility under a looming cloud of uncertainty (waxing poetic for a moment there), we have suddenly found ourselves comfortably settled around 5%. Who woulda thunk it?!? 4.875% Rate / 5.026% APR Loan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed Rate
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12/15/2008
Apparently mortgage rates have been repeatedly hitting "snooze" this morning. We're still where we were last night: 4.875% Rate / 5.026% APR Loan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed Rates are as of 12/12/08 and subject to change. But hey -- rates staying the same i
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12/12/2008
My apologies for the delay today, we suddenly lost power (not that it's ever not sudden) right when I had been preparing the blog posting on rates! Here's where we ended up today: 4.875% Rate / 5.026% APRLoan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed Rates as of 12/11/08
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12/11/2008
Greetings all -- here's where we are so far today: 5% Rate / 5.152% APRLoan amount: $417,000Down payment/equity: 20%Loan Program: 30 Year Fixed Rates as of 12/10/08. If you are a potential buyer or a Real Estate Agent working with one, what a tremendous opportunity to lock in a rate at historic l
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12/10/2008
Greetings ActiveRain community, clients, prospective clients and business partners: I've initiated a new daily posting recently (well ok, first one was yesterday) to provide a quick update on the status of the market by posting the rate and APR of a 30-year Fixed Rate loan. Disclaimer: I'm assumi
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12/09/2008