Monthly Archives: January 2008

FRIDAY'S RATES: 30 YEAR RETURNS TO THE MID TO LOW 5'S | RAIN CITY …

By Dean | Published: January 29, 2008
Conforming Mortgage Rates (loan amounts up to $417000 for 1-unit properties). The conforming rate quote below is based on owner occupied, “full doc” purchase with a minimum credit scores of 680 with an 80% loan to value or lower, a loan amount ..
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HOW DOES THE FED RATE CUT AFFECT MORTGAGE RATES? | JOHN HALL …

By Dean | Published: January 24, 2008
The Fed can only control the Discount Rate and the Fed Funds Rate. This is very different from mortgage rates . A mortgage rate can be in effect for 30- years , a rate that is set by the Fed can change from one day to another
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HOW THE “MORTGAGE FRINGE” CAN KEEP YOU FROM GETTING LOW RATES …

By Dean | Published: January 15, 2008
If your mortgage is being professionally managed for you, your loan officer has already called If your mortgage is more than 3 years old, it really likely that your mortgage rate is higher than it needs to be. ... mortgages where the applicant's credit scores is below 660; Special mortgage products for low-income or first-time home buyer programs, including HomePossible and MyCommunity programs; Mortgages on investment properties with less than 20 % equity in the home ...
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