Each Tuesday morning
Brad
joins John on Market Open Live for a weekly update on the mortgage world.
Brad is one of the Senior Mortgage Bankers at
Eagle Bank, and was one of the top
mortgage originators in the country in 2009.
Need a quote on a mortgage or loan? Mention Invested Central
or Market Open Live and Brad will waive your appraisal fee!
Rates subject to change daily effective 07/23/2010 for full-doc loans with 740 credit score. No closing cost refinancing and cash-out available at slightly higher rates.
Rate Update
Posted by Brad Cohen
on Thursday, Jun 24, 2010
Conforming Loan Amounts up to $417,000 to 90% LTV
5/1 ARM 3.5%, No Points (APR* 3.58%)
7/1 ARM 3.875%, No Points (APR* 3.94%)
10/1 ARM 4.5%, No Points (APR* 4.58%)
10 yr. Fixed 3.75% No Points (APR* 3.83%)
15 yr. Fixed 4.125% No Points (APR* 3.94%)
20 yr. Fixed 4.125% No Points (APR*4.18%)
30 yr. Fixed 4.5% No Points (APR*4.58%)
Super Conforming up to $729,000 to 75% LTV
5/1 ARM 3.5%, No Points (APR* 3.58 %)
7/1 ARM 4.125%, No Points (APR* 4.19%)
15 yr. Fixed 4.25% No Points (APR* 4.33%)
20 yr. Fixed 4.375% No Points (APR* 4.43%)
30 yr. Fixed 4.75% No Points (APR* 54.83% )
Loans to $1,000,000 - ALL NO POINTS
3/1 - 3.625%
5/1 - 4%
7/1 - 4.375%
10/1 - 4.75%
30 yr. fixed - 5.375%
*Annual Percentage Rate (APR)
Rates subject to change daily effective 06/24/2010 for full-doc loans with 740 credit score. No closing cost refinancing and cash-out available at slightly higher rates.
Rate Update
Posted by Brad Cohen
on Monday, Jun 07, 2010
Conforming Loan Amounts up to $417,000 to 90% LTV
5/1 ARM 3.625%, NO Points (APR* 3.71%)
7/1 ARM 3.875%, NO Points (APR* 3.89%)
10/1 ARM 4.5%, NO Points (APR* 4.58%)
10 yr. ARM 3.875% No Points (APR* 4.58%)
15 yr. Fixed 4.25% NO POINTS (APR*4.31%)
30 yr. Fixed 4.75% NO POINTS (APR*4.83%)
Super Conforming up to $729,000 to 75% LTV
5/1 ARM 3.75%, NO Points (APR*3.83 %)
7/1 ARM 4.25%, NO Points (APR* 4.33%)
15 yr Fixed 4.25% NO Points (APR*4.33%)
30 yr. Fixed from 5.0% (APR* 5.08% )
Loans to $1,000,000 - ALL NO POINTS
3/1 - 3.625%
5/1 - 4%
7/1 - 4.375%
10/1 - 4.75%
30 yr. fixed - 5.375%
*Annual Percentage Rate (APR)
Rates subject to change daily effective 06/07/2010 for full-doc loans with 740 credit score. No closing cost refinancing and cash-out available at slightly higher rates.
Rate Update
Posted by Brad Cohen
on Wednesday, May 26, 2010
Conforming Loan Amounts up to $417,000 to 90% LTV
5/1 Arm 3.5%, NO Points (APR* 3.58%)
7/1 ARM 3.75%, NO Points (APR* 3.83%)
10/1 Arm 4.375%, NO Points (APR* 4.43%)
15 Yr. Fixed 4.125% NO POINTS (APR*4.19%)
30Yr. Fixed 4.75% NO POINTS (APR*4.83%)
Super Conforming up to $729,000 to 75% LTV
5/1 ARM 3.875%, NO Points (APR*3.93 %)
7/1 ARM 4.0%, NO Points (APR* 4.08%)
15 yr Fixed 4.25% NO Points (APR*4.33%)
30 Yr. Fixed from 4.875% (APR* 4.93% )
*Annual Percentage Rate (APR)
Rates subject to change daily effective 05/20/2010 for full-doc loans with 740 credit score. No closing cost refinancing and cash-out available at slightly higher rates.