Calendar Posted Fri Jul 30 12:00AM



As we all know, guidelines and requirements for loan approvals are tighter than they have ever been and are becoming more rigorous still.

With the stringent lending guidelines that are in place I thought it would be a good time to remind buyers (& ourselves) of the 7 Tips to Save Your Sanity while going through the loan process.

Feel free to share this information with clients, or others, that may find this information useful.

Now, on to the rates we've been seeing this week:

  • 30 year conforming             4.25%      .25 pt.
  • 30 year high balance            4.25%      .5 pt.
  • 30 year FHA                        4.25%         0 pt.
  • 30 Yr. FHA high balance    4.375%       0 pt.
  • 5 year jumbo                      3.75%           1 pt.
  • 7 year jumbo                       4.125%        1 pt.
  • 10 year jumbo                     4.50%         1 pt.
  • 30 year jumbo                     4.875%     1.5 pt.

Regards,
Tracie

Tracie Southerland

Financial Advisor & Mortgage Advisor
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