Connecticut Financing Update and Today's Mortgage Rates 8/12/12

The rates are still looking good and it looks like a perfect time to purchase a home and/or refinance your existing mortgages.  Treasuries yields reach their highest levels in several weeks as the latest initial claims comes in better than expected.  Initial claims for unemployment benefits slipped by 6,000 to a seasonally adjusted 361,000, below the expected rise to 370,000. And the Commerce Department said the U.S. trade deficit narrowed by 10.7 % in June to $42.9 billion, the smallest gap since December 2010.  Later today is the last auction of the week; a $16 billion offering of 30 year notes. 

Today's Mortgage Rates

Conventional 30 year fixed          3.625%                  APR 3.671%

Conventional 15 year fixed          2.875%                  APR 2.956%

Conventional 5/1 ARM                  2.625%                  APR 3.078%

Conventional 7/1 ARM                  2.75%                    APR 3.065%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 740 and a 20% down payment.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

 

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

 NMLS #110681

send Nima an email

Mobile: 203-913-6016
Fax: 877-804-5752

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Buying or Selling a Home in Fairfield County? We'd love to represent you.

Feel free to email us here or visit our main  site at

www.CThomesAndRealEstate.com

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Connecticut Financing Update and Today's Mortgage Rates 7/22/12

The rates are looking good and it looks like a perfect time to purchase a home and/or refinance your existing mortgages.  Treasury prices are higher this morning as equity markets are finally taking a breather from the recent rally.  Data and headlines have been rather quiet as earnings have been the main driver in recent days.

 Today's Mortgage Rates

Conventional 30 year fixed          3.5%                      APR 3.546%

Conventional 15 year fixed          2.875%                  APR 2.956%

Conventional 5/1 ARM                  2.5%                       APR 3.117%

Conventional 7/1 ARM                  2.625%                  APR 3.076%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 740 and a 20% down payment.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

 

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

 NMLS #110681

send Nima an email

Mobile: 203-913-6016
Fax: 877-804-5752

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Buying or Selling a Home in Fairfield County? We'd love to represent you.

Feel free to email us here or visit our main  site at

www.CThomesAndRealEstate.com

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

Connecticut Financing Update and Today's Mortgage Rates July 13, 2012

Here is a sneak peek of residential mortgage rates and some brief news to share.  Yesterday's FOMC minutes were a disappointment to risk assets, as they failed to indicate a greater potential for additional quantitative easing.

The latest weekly initial jobless claims count totaled 350,000, which is better than what had been projected by economists. The latest count is also down from the upwardly revised prior week tally of 376,000. As for continuing claims, it declined to roughly 3.304 million from 3.318 million. Separately, export prices, excluding agriculture, declined by 1.4% in June after they had declined by 0.6% in the prior month. In Europe, markets are under pressure as marginal yields are seeing a modest rise and as the euro trades at a two-year low near 1.2170.

The ECB Monthly Bulletin was released early this morning, and suggested further downside risks have developed as market dislocation has begun to spill over into the real economy.

Today's Mortgage Rates

Conventional 30 year fixed          3.625%                  APR 3.671%

Conventional 15 year fixed          2.875%                  APR 2.956%

Conventional 5/1 ARM                  2.625%                  APR 3.160%

Conventional 7/1 ARM                  2.75%                    APR 3.133%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 740 and a 20% down payment.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

 

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

 NMLS #110681

send Nima an email

Mobile: 203-913-6016
Fax: 877-804-5752

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Buying or Selling a Home in Fairfield County? We'd love to represent you.

Feel free to email us here or visit our main  site at

www.CThomesAndRealEstate.com

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

 

Connecticut Financing Update and Today's Mortgage Rates July 6, 201212

Here is a sneak peek of residential mortgage rates and some brief news to share.  Treasury prices are making small gains this morning as central banks around the world hope to bolster their economies but cutting key interest rates.  China cut its benchmark rates for the second time in a month and the ECB dropped its rate by 0.25% to 0.75%.  Lastly, the Bank of England announced it will augment the scope of its stimulus program by 50 billion pounds.  The US economic calendar is busy today ahead of tomorrow's non-farm payroll report.  The weekly jobless claims report was better than expected as initial claims of 374k were lower than the expected 386k.

 Today's Mortgage Rates

Conventional 30 year fixed          3.625%                  APR 3.671%

Conventional 15 year fixed          2.875%                  APR 2.981%

Conventional 5/1 ARM                  2.625%                  APR 3.160%

Conventional 7/1 ARM                  2.75%                    APR 3.133%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 740 and a 20% down payment.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

 

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

 NMLS #110681

send Nima an email

Mobile: 203-913-6016
Fax: 877-804-5752

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Buying or Selling a Home in Fairfield County? We'd love to represent you.

Feel free to email us here or visit our main  site at

www.CThomesAndRealEstate.com

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy

 

Connecticut Financing Update and Today's Mortgage Rates 6/22/12

The Mortgage Bankers Association said its seasonally adjusted composite index of mortgage applications for the week ending June 8 rose 18%, the highest level since May 2009. Refinancing applications increased 19%, the highest level in more than a year. Purchase volume rose 13%, the highest level in six months.

Today's Mortgage Rates

Conventional 30 year fixed          3.625%                  APR 3.782%

Conventional 15 year fixed          2.875%                  APR 3.183%

Conventional 5/1 ARM                  2.625%                  APR 3.261%

Conventional 7/1 ARM                  2.75%                    APR 3.233%

The above rates are based on a loan amount of $417,000 for a single family home, a borrower’s middle credit score of 740 and a 20% down payment.

This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change at any time and without notice. This is not an offer to enter into a rate lock agreement under any applicable law.

 

As a lending professional, Nima Rezvan meets a wide range of real estate lending needs, whether it be a first time purchase, second home purchase, or refinance. He welcomes the opportunity to serve your needs with quick and accurate real estate financing advice. With his expertise and knowledge, he will make sure you understand the features associated with the loan program you choose and that it meets your unique financial situation.

With more than 10 years of mortgage lending experience, Nima specializes in  Conventional Mortgages,  Jumbo Loan Financing, Refinance, First Time Home Buyers and Federal Housing Administration/Veterans' Administration (FHA/VA)

 NMLS #110681

send Nima an email

Mobile: 203-913-6016
Fax: 877-804-5752

* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *

Buying or Selling a Home in Fairfield County? We'd love to represent you.

Feel free to email us here or visit our main  site at

www.CThomesAndRealEstate.com

If you have a question about buying or selling Real Estate in  Fairfield County, and are in need of representation, I invite you to contact me. I know the market like the back of my hand, know marketing inside and out, am a skilled negotiator- and I'd love to be on your side :) - Judy