Home Loan Mortgage Payments Average is Way Down at Orange County CA Real Estate

Purchase money home loan (mortgage) rates quoted on June 15, 2012 - at Orange County, CA - are excellent and amazingly good for buyers and those would would refinance.

• 30 year fixed conforming - 3.625 percent - payment would be $4.56 per month per thousand dollars - 3.712 APR - with one point
• $417k conforming loan now has average monthly payment of $1,901.52
• Average monthly payment on $417k conforming loan is down 17.4 percent as compared with three years ago.

Purchase money loan rates quoted 3 years ago at Orange County CA - on June 18, 2009:

• 30 year fixed conforming - 5.25 percent - payment was $5.522 per month per thousand dollars - with one point
• $417k conforming loan 3 years ago had average monthly payment of $2,302.26.

These excellent home loan rates are helping to make Orange County CA real estate more affordable for buyers.

If you are a prospective home buyer at Orange County, CA, or want to get a better rate on your current home loan - contact an experienced mortgage broker - contact Jim Power, First Capital Mortgage - 949-295-6014.

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I am not a mortgage broker or lender, and this is for information only and not the providing of legal, tax or mortgage loan services.   For more information contact Jim Power, mortgage broker, First Capital Mortgage, Laguna Beach and Irvine, CA.

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