Rates and market update...

I offer residential mortgage services in all 50 states. I provide market info to fellow wheelers, and offer my assistance with your home financing needs in any area necessary.

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el_flasko
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Rates and market update...

Post by el_flasko » Tue Oct 27, 2009 9:23 pm

30yr fannie/freddie rates for well qualified borrowers hit the high 4's again and the 15yr hit 4.375%! The fha and VA rates are similar, but typically about .25% higher in most cases.

For those of you in FHA or VA loans looking to streamline, there are going to be some big guideline changes 11/15/09, so now is the time to look while rates are low and streamlines are still fairly easy to get...they will not be soon.

Purchases are starting to pick up (especially for first time buyers as the $8k tax credit is still available for now) and there are really good deals to be had. The 203k market is picking up as well, and I now have multiple lenders accomodating these loans

As always, contact me directly with any questions you may have!

Ryan
W: 410-670-7025
RLowry@mdmutual.com
Ryan Lowry
Branch Manager
Ryanlowry@comcast.net
http://www.1stmarinermortgage.com/rlowry
Work: 410-804-5978
Fax: 443-563-1074

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el_flasko
Trail Rated
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Posts: 105
Joined: Mon Dec 12, 2005 11:43 pm
Location: Abingdon, MD
Contact:

Re: Rates and market update...

Post by el_flasko » Thu Dec 03, 2009 11:27 am

Rates are still holding where they were in the above post! Drop me an email with any scenarios you would like to explore :D

RLowry@mdmutual.com

Thanks,

Ryan
Ryan Lowry
Branch Manager
Ryanlowry@comcast.net
http://www.1stmarinermortgage.com/rlowry
Work: 410-804-5978
Fax: 443-563-1074

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