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It’s Finally Here . . .

Rates:
Rates continue to hit record lows driven by the Fed’s announcement last week that it would load up on purchases of long-term government bonds and mortgage securities. The extra demand was intended to drive down long-term interest rates, including those for home loans — and it seems to have worked temporarily. See latest rates below.

Building relationships with our clients is a cornerstone of Trulending Mortgage. By using facebook, Twitter and LinkedIn, we will supplement our personal touch by providing you with the latest from the California mortgage lending industry, “linking” to useful articles, mortgage rate updates, and doing our best to answer any questions you may have about refinancing, purchasing a new home or even trying to locate a reputable Realtor, contractor, Attorney, Financial Advisor, CPA etc. Don’t worry, I won’t inundate you with useless information or Tweets, but plan to post/Tweet the best gems to share on a weekly basis. We also recently updated our website which now includes my blog and testimonials from our clients etc. Please check it out www.trulendingmortgage.com. Please provide any feedback as we would love to hear from you!

Disclosure:These are our current conforming and High Balance rates based on primary residences only, your actual rate could be higher depending on several “Risk Factors” such as credit score, LTV, Cash-out, Investment prop, 2nd home, zero cost etc. Please call us for an accurate custom quote including jumbo loans up to $2 million and beyond.

Loan Program Monthly Pmyt Rate APR Points
Current Conforming Rates (Pmyts based on a average loan amount of $250,000) for a historical perspective on rates please visit my blog on our website
30YF $1175 3.875% 4.00% 0
20YF $1466 3.625% 3.87% 0
15YF $1756 3.25% 3.92% 0
5/1 ARM $1004 2.625% 3.12% 0
7/1 ARM $1054 3.00% 3.37% 0
FHA-30YF $1157 3.75% 3.98% 0
FHA-15YF $1756 3.25% 3.87% 0

 

Current High Balance Rates – Max Loan Amount $625,500
(Pmyts based on a avg loan amount of $550,000)
30YF $2586 3.875% 4.00% 0
15YF $3884 3.25% 3.87% 0
5/1 ARM $2209 2.625% 3.12% 0
7/1 ARM $2318 3.00% 3.37% 0
FHA-30YF $2547 3.75% 4.00% 0

We appreciate the opportunity to work with you on your next refinance or home purchase transaction. Please pass this along if you think we can help any of your close friends or family.

SERVICE GUARANTEE:
WE GUARANTEE A SMOOTH LOAN ORIGINATION PROCESS OR WE WILL REFUND UP TO $495 OF YOUR CLOSING COSTS

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