Sunday, February 19, 2012

Amazingly Good Purchase Money Home Loan Rates Continue at Orange County CA Real Estate

Purchase money home loan and mortgage rates quoted this week by First Capital Mortgage, Newport Beach, CA, continue to be amazingly low.  

 

First Capital - A Mortgage Company

Market Rate Watch: First Capital's Weekly Rate Update eNewsletter

 

Tim Sibley

Tim Sibley

Direct 949.721.5018
Fax 949.640.7091
tsibley@firstcapitalmtg.com

Sam Isaac

Sam Isaac

Direct 949.574.3556
Fax 949.640.7091
sisaac@firstcapitalmtg.com

Saturday, February 18, 2012

My Real Estate News

Conforming Loan Limits / Expanded Conforming Limits

1 Unit: $417,000 $625,500
2 Units: $533,850$800,775
3 Units: $645,300$967,950
4 Units: $801,950$1,202,925

Conforming Loans $0 - $417,000

Loan Program Interest Rate Payment per $1000Points
30 Year Fixed 3.625%4.560 1
15 Year Fixed 2.875%6.846 1
10 Year Fixed 3.125%4.284 1
7 Year Fixed 2.875%4.149 1
5 Year Fixed 2.750%4.082 1

Expanded Conforming Loans $417,001 - $625,500

Loan Program Interest Rate Payment per $1000Points
30 Year Fixed 3.875%4.702 1
15 Year Fixed 3.125%6.966 1

Jumbo Loans $625,500 - $2,000,000

Loan Program Interest Rate Points
30 Year Fixed 4.250%1
15 Year Fixed3.500% 1
10 Year Fixed 3.500%1
7 Year Fixed3.000% 1
5 Year Fixed 2.750%1

Money Rates

Index Rate
10 Yr Treasury2.03%
Prime3.250%
6 Month Libor.751%
1 Year Libor1.066%
12 MAT.208%
COFI1.221%
First Capital MTG. License # 4130713 California
Please call for pricing between $1,000,0001 - $10,000,000 • Rates are intended for Real Estate Professionals only
For APR information about any specific loan product, call Tim Sibley at 949-718-1511.

 

This is excellent real estate news - good for owners, buyers, sellers and investors.  Such excellent mortgage rates at Orange County CA real estate are a big reason that properties priced under $500k are selling quickly - with average market time of less then 2 months - favoring the sellers.

_______________________________________

 

If you want to buy a home at Orange County, CA, are financially qualified, have twenty percent down payment, good credit history, can qualify financially for a conforming loan of $417,000 with one point - your monthly payment on that loan would be $1,901,52.  This is for information only and not the providing of real estate or mortgage services.  You must consult with an experienced mortgage broker to determine whether you qualify and if that would be the best loan for you.

Professional REALTOR® agent representation and help for Orange County CA property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

 

Posted via email from Explore OC Homes

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