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| Our team of professionals will send your info to 3 lenders! They will compete for you business!! We have strong guidlines on which lenders we allow your info, to allow you the most benifit and savings! We affailted with companys like Wausau Mortgage Corporation a banker and broker! Want to speak to loan Officer now! 1-866-416-7408 Toll Free Loan officer are standing by to answer any questions! |
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| Week Ending: Dedember, 3 |
| Average Rate Average Points |
| 30 year FRM 5.810 0.6 |
| 15 Year FRM 5.230 0.6 |
| 1 year ARM 4.190 0.6 |
| Week Ending: November, 26 |
| Average Rate Average Points |
| 30 year FRM 5.720 0.6 |
| 15 Year FRM 5.150 0.6 |
| 1 year ARM 4.270 0.7 |
| 1 year Ago (12/05/2003) |
| Average Rate Average Points |
| 30 year FRM 6.020 0.6 |
| 15 Year FRM 5.360 0.6 |
| 1 year ARM 3.770 0.6 |
Alan Greenspan Says Certainty of Fixed-Rate Mortgages May Not Be Worth Cost ( From THE WALLS STREET JOURNAL Feb. 23, 2004) Federal Reserve Chairman Alan Greenspan questioned whether Americans homeowners clearly like the certainty of fixed mortgage payments,with a typical fixed-rate mortgages rather than adjustable mortgage during the past decade even though higher interest rates that increase their payment. Paying thousands of dollars a year for a fixed rate benefit. Mr. Greenspan states said homeowner may pay 0.5 to 1.2 percentage points more then they other wise would if they held adjustable mortgage rather than a fixed mortgage. |
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| ATTENTION SPANISH FAMILYS! Biligual Loan Officer are on stand by waiting for your application or you can call Toll Free: 1-866-416-7408 |