Excellent Purchase Money and Mortgage Loan Rates

Even after recent market rate upswings, purchase money and mortgage loan rates are excellent for home buyers and refinancing borrowers.

Mortgage brokers here at Orange County CA on August 18, 2012, quoted the following rates on conforming loans to $417k:

Thirty-year, fixed-rate mortgage: 3.875 percent - with one point

Fifteen-year, fixed-rate mortgage: 3.0 percent - with one point

Five-year ARM: 2.75 percent - with one point

FHA loan up to $362,790 - 30 year fixed - 3.5 percent - with one point

Jumbo loan to $625,500 - 30 year fixed - 4.0 percent - with one point

Super jumbo loans higher than $625k - 30 year fixed - 4.375 percent - with one point

Lender requirements to approve loans are high, and the mortgage market is returning to more healthy underwriting standards.

Contact us here if you want information about selling and buying of properties at Orange County CA real estate.

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Source of information is First Capital Mortgage - for information only and not the providing of mortgage loan services. We do not provide home loan or mortgages services and recommend that you contact a home loan or mortgage broker professional in your area. If you are at Orange County CA and want information about mortgage rates, contact Jim Power, First Capital Mortgage - jpower@firstcapitalmtg.com.

Contact us about listing and sale of property at Orange County CA homes and real estate. ~ Professional REALTOR® agent representation and help for 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.

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