MORTGAGE RATES GO BELOW 4 WHATS NEW ON THE MORTGAGE FRONT

Dated: 10/16/2014

Views: 681

MORTGAGE RATES GO BELOW 4% & WHATS NEW ON THE MORTGAGE FRONT  

Rates for a 30 year fixed mortgage for conforming ($417K) loans just hit 3.97% middle and high conforming a little higher but the big news that has been continuing for the last month is that Jumbo loans are almost at the same rate as conforming.  
You miss the boat last year when it went into the mid to low 3’s and you are kicking yourself for waiting for it to go lower? Are you going to do it again and wait??? What’s that about doing the same thing and expecting different results…?  
                                                    
If you have a time frame of 1 year or less of buying a home or you are paying $1500 rent or more and should be buying a home … Don’t wait    There are so many new plans and options for those seeking a mortgage From low down payment options for first-time buyers to jumbo loan options for move-up purchases, find out what lenders are offering buyers today.  

Here is a good article that will bring you the latest news.. What’s New on the Mortgage Front?
Robert Schmalz
California Broker Lic #01813025

West LA Real Estate Group / Rodeo Realty
310.505.5571
11940 San Vicente Blvd Suite #100
Los Angeles, CA 90049

www.WestLARealEstateGroup.com
 
Serving all of Santa Monica, Brentwood CA, 
Pacific Palisades and West Los Angeles


CLICK TO SEARCH THE MLS
 
Blog author image

Robert Schmalz - BRE 01813025

DBA "West Los Angeles Real Estate Group" ....

Latest Blog Posts

Santa Monica Condo Unlisted For Lease

NOT LISTEDSANTA MONICA CONDO - SUNSET PARK2 BEDROOM / 2 BATH / 1400 SQ FTFOR LEASE --$4500 / MOS Quiet Unit in Great complex. Close to Pool and Spa this 2BR 1.75BA Condo has a large living room

Read More

What Lenders Are Looking For

Great ArticleWHAT IS YOUR HOME WORTH - NO COST ON-LINE - IMMEDIATE VALUE SENT TO CELL OR EMAILRobert SchmalzCalifornia Broker Lic #01813025West LA Real Estate Group / Rodeo Realty310.505

Read More

THE BASICS OF SHORT SALES

SHORT SALE BASICSDefinition of Short Sale: When a homeowner can no longer make the house mortgage payments and he needs to sell the property but like so many today finds his house is underwater and

Read More

BANK OWNED FORECLOSURES IN LOS ANGELES

FIRST TIME HOMEBUYERS:INTEREST RATES BELOW 4%  + LOW DOWN PAYMENT PROGRAMS + DISTRESSED HOMES = STOP RENTINGINVESTORS:MANY OF THESE FORECLOSURES ARE FIXERS WITH A ROI OF 25% TO 40% 

Read More